Aspen Systems acquires additional 6,000 sq ft of space in response to rapid growth of orders
Marlborough, MA – Aspen Systems, an innovator in ultra-compact refrigeration systems has added 6,000 square feet of space to accommodate additional production lines, offices and inventory fueled by their rapid growth. According to James Burnett, Director of Business Development, “Our recent growth has been driven by a substantial uptick in orders from our existing customers in medical esthetics, lasers, semiconductor, and electronics. We have also seen substantially increasing business from emerging markets such as electric vehicle, energy storage and biomedical.”
Aspen Systems was founded in 1984 by Dr. Kang Lee as an R&D firm, primarily to address the needs of the U.S. Government. Initial funding was secured through numerous successful proposals to the Department of Energy (DOE) and Department of Defense (DOD). One initial achievement was the development of an economical way to manufacture a super insulator, Aerogel, which was spun out into a $100M+ publicly traded company. Based on the needs of the U.S. Army and through support from the Small Business Innovative Research (SBIR) program, Aspen developed the world’s smallest rotary compressor. The miniature compressor was first used in an air conditioning unit cooling military electronics on the WIN-T, and MRAP, and JLTV programs.
Dr. Lee noted, “The combination of extremely small, high efficiency and low weight made the Environmental Control Unit (ECU) vital for mobile applications. More than 3,000 systems logging millions of hours of operation were used in both Afghanistan and Iraq, without a single compressor failure.” The uses for the miniature cooling systems have continued to expand, with the commercialization of their novel technology resulting in applications for thermal testing of integrated circuits, cooling in medical aesthetics, and laser cooling in medical devices and industrial applications.
About Aspen Systems:
Aspen Systems supplies compact, reliable vapor compression-based chillers and thermal management systems for military, medical, laser, and industrial applications. As the inventor of the Aspen Miniature Compressor, Aspen is uniquely qualified to develop and supply specialized stand alone or integrated cooling solutions, where compact size and reliability are key parameters. Chilled water, direct refrigerant, and air cooling approaches have all been developed by Aspen and successfully used by its customers. www.aspensystems.com