Announced
Completed
Synopsis
Owens Corning, a global building and construction materials manufacturer, completed the investment in JIOS Aerogel, a manufacturer of silica aerogel powder. Financial terms were not disclosed. “We’re proud and grateful for Owens Corning’s ongoing support. They first invested in 2021 and now, with the rapid shift towards electric vehicles and the recognition that aerogels are the ideal solution for cell-to-cell insulation, our companies are collaborating even more closely to tackle the challenges of electrification,” Stephen Kang, JIOS Aerogel Co-Founder and Managing Director.
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