What Svenska Aerogel does

Svenska Aerogel Holding AB (publ) is a Swedish publicly listed materials technology company headquartered in Gävle that commercializes a patented silica aerogel material branded Quartzene® for high-performance thermal insulation applications. The company's product platform spans defense (thermal insulation and camouflage), building & construction (coatings, cool roof systems, renders, plasters), transport, process industry, and — most recently — textiles and apparel through its 2025-launched Aersulate® sub-brand, a thermally insulating textile fiber developed with partner Outlast Technologies for bedding, outerwear, and workwear.

The company sells Quartzene® primarily by weight (tons) on a quote-based B2B model, combining direct sales for key accounts with regional distribution partnerships — notably KRAHN Chemie GmbH for Germany, alongside established collaborations in Italy and Poland. Management reports a 2025 project portfolio of 170 customers, of which only 15 are in commercial phase (up 50% year-over-year), representing approximately 450 tons of potential annual demand. Management indicates EBITDA break-even at roughly 160 tons of production volume and projects EBITDA exceeding SEK 50 million at full commercial expansion. Net cash outflow improved by SEK 6 million year-over-year in 2025.

Leadership transitioned from CEO Martin Bentz — who drove the Aersulate® launch and Outlast partnership — to CEO Tor Einar Norbakk during 2025-2026, as the company positions itself for global commercial scale-up rather than continued research-phase development.

Name

Svenska Aerogel

Legal name

Svenska Aerogel Holding AB (publ)

Website

https://aerogel.se

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Advanced Insulation Materials

NAICS

Textile and Fabric Finishing and Fabric Coating Mills (3133), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Plastics Foam Products (3086), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Aerogel & Vacuum Insulation Panels (VIPs) (IMADAGAG)

akta.pro secondary industries

Coated & Laminated Industrial Fabrics (Tarpaulins/Awnings/Inflatables/Architectural Membranes) (IMAOADAI), Coated, Laminated & Membrane Fabrics (CRAAAMAF), Outerwear & Cold-Weather Apparel Manufacturers (CRAAAAAI)

Keywords

• Aerogel materials
• Thermal insulation products
• Silica aerogel technology
• Advanced materials manufacturing
• Nanostructured insulation

Headquarters

HQ city

Gävle

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Aerogel Material Sales: Svenska Aerogel generates revenue through the sale of Quartzene® aerogel materials, primarily sold by weight (tons). The company has 15 commercial phase customers representing approximately 450 tons per year in potential demand. Materials are sold through direct sales and distribution partnerships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Svenska Aerogel develops and manufactures Quartzene®, a proprietary silica-based aerogel material used for thermal insulation across multiple industries. The company sells the material itself and integrated product solutions such as Aersulate for the building and construction sector, while partnering with downstream manufacturers for outdoor apparel, industrial processing, and defense applications.

Product overview

Svenska Aerogel is a materials technology company offering aerogel-based insulation solutions centered on its Quartzene® platform. Quartzene® serves as the core proprietary aerogel material that is incorporated into various applications and partner products. The company launched Aersulate® in 2025, a thermally insulating textile fiber developed with Outlast Technologies, marking entry into the textile segment. The product portfolio spans defense applications (thermal insulation and camouflage), building and construction (coatings, roofing, renders), outdoor industry, and transport segments. Svenska Aerogel operates as a B2B supplier, with customers including Outlast Technologies, outdoor industry partners, and defense sector clients.

Differentiator

Problem solved

Functional benefit

Brands

• Quartzene®: Aerogel material developed by Svenska Aerogel used in thermal insulation applications including textiles, construction, and defense
• Aersulate®

Products and services

• Quartzene®

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• KRAHN Chemie GmbHcoreChannel Partner/ Reseller/ Distributor · 26 February 2026Svenska Aerogel appointed KRAHN Chemie GmbH as its distribution partner in Germany covering the process industry and building & construction segment. The partnership focuses on thermal insulating coatings, cool roof systems, renders, and plasters. This agreement supports expansion into Europe's most populous market and builds on successful collaborations already established in Italy and Poland.
• Outlast TechnologiescoreOEM/ Whitelabel/ Licensing Partner · 5 December 2025Svenska Aerogel partnered with Outlast Technologies for the 2025 launch of Aersulate®, a thermally insulating textile fiber incorporating Quartzene® material. On December 5, 2025, Svenska Aerogel received its first commercial order from Outlast, which was the largest single material order in the company's history. Applications include bedding, outerwear, and workwear.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aspen Aerogels: Leading publicly listed aerogel insulation manufacturer (Pyrogel, Cryogel, PyroThin) serving building & construction, energy infrastructure, and transportation. Direct competitor in silica aerogel insulation, with significantly greater scale and a longer commercial track record than Svenska Aerogel.
• JIOS Aerogel: South Korea-based manufacturer of silica aerogel powders and composites for building insulation, industrial, and apparel applications. Direct competitor offering similar silica aerogel inputs into textile and construction value chains.

Broad incumbents

• Cabot Corporation: Global specialty chemicals company that produces ENOVA aerogel for thermal insulation applications across construction, oil & gas, and coatings. Competes in the same aerogel category as Svenska Aerogel but as part of a much broader materials portfolio.
• PrimaLoft: Established specialty insulation brand (owned by Hitachi Chemical) producing synthetic fiber insulation for outerwear, workwear, and bedding. Competes with Aersulate® in the thermally insulating textile fiber category, with much stronger brand recognition and broader distribution.
• 3M (Thinsulate): Global diversified manufacturer whose Thinsulate™ product line is a leading thin synthetic insulation used in outerwear, workwear, and gloves. Indirect competitor to Aersulate® in thermally insulating textile fibers, with vast scale and supply chain reach.
• Kingspan Group: Global building envelope leader producing high-performance insulation boards and panels for residential and commercial construction. Competes with Svenska Aerogel's B&C segment via KRAHN Chemie-distributed channels but at far larger scale and via conventional insulation chemistries.
• BASF: World's largest chemical company producing a broad portfolio of insulation materials, coatings, and performance chemicals relevant to B&C, transport, and process industry segments. Indirect competitor via coatings/renders where Svenska Aerogel's Quartzene® is being deployed.

Emerging players

• Aerogel Technologies: U.S.-based developer of monolithic and flexible aerogel products for aerospace, defense, and industrial insulation. Comparable as a smaller-scale aerogel specialist with overlapping defense and industrial customers, though differentiated by product form factor.
• Active Aerogels: Portuguese aerogel startup commercializing flexible aerogel blankets for building, industrial, and apparel insulation. Comparable emerging-stage player targeting many of the same use cases (B&C, textiles) as Svenska Aerogel's Quartzene®.
• Enova Materials: Aerogel materials company developing next-generation silica aerogel composites for thermal management in electronics, building, and apparel. Comparable emerging player pursuing similar end markets with aerogel-based insulation technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Svenska_Aerogel
• Facebookfacebook.com/svenska-aerogel-ab-582698395210556

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Svenska Aerogel