Mrkt BUZZ Svenska Aerogel: Key Clients Introduce Quartzene in Products

On Friday, July 21, 2023, Svenska Aerogel released an operational update highlighting their recent progress. The company has been experiencing steady success with a few key customers, with two of them recently showcasing products that feature Quartzene at trade shows. Additionally, Svenska Aerogel’s collaboration with a leading company in the process industry is on track, and they are set to commence work package three out of three in the fall of 2023.

Carlsquare Equity Research considers this update from Svenska Aerogel as a crucial milestone in their ongoing commercialization efforts. The success of the company largely depends on achieving the projected growth outlined in our initiation analysis. To realize this growth, it is of utmost importance that collaborations with key customers translate into increased sales starting from the turn of the year 2023/2024.

Read the initial research report here.

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