Svenska Aerogel Approved for Nasdaq First North Listing

Svenska Aerogel Holding AB has received approval for listing on the Nasdaq First North Growth Market, with its first day of trading set for December 20, 2016. The company is transitioning from a research and development phase to a commercial enterprise with its innovative aerogel material, Quartzene®.

Quartzene is a material developed and commercialized by Svenska Aerogel, produced using a flexible, environmentally friendly, and highly cost-effective manufacturing method. This production technique significantly differs from traditional aerogel manufacturing, allowing for cost savings and opening up new application areas.

The material's initial applications will focus on three key sectors: insulation, paints and surface coatings, and filtration of liquids and gases. Svenska Aerogel's strategy involves close collaboration with industrial partners to develop new applications where Quartzene®'s versatile properties and low production costs enable industrial-scale deployment.

The company's environmental potential has been recognized by the World Wide Fund for Nature (WWF), which has classified Svenska Aerogel as a Climate Solver due to its capacity to significantly impact global energy savings and reduce carbon dioxide emissions in the insulation market. The company description approved by Nasdaq is available on their website.