Worcester Business Journal

wbjournal.com | October 31, 2022 | Worcester Business Journal 21 SATYA B. MITRA Ph.D., E.A., CFP® Enrolled Agent | Certified Financial Planner ™ satya@thegurutax.com SERVING THE COMMUNITY FOR OVER 32 YEARS 446 Main St., 16th Floor, Worcester, MA 01608 Ph: 508.797.0005 • Cell: 508.641.8441 • Fax: 508.797.0006 TAX PREPARATION & PLANNING: TAX PREPARATION & PLANNING: In Individuals, landlords, business owners, tax issues if earning in foreign countries dividuals, landlords, business owners, tax issues if earning in foreign countries CONSULTING & SEMINARS: CONSULTING & SEMINARS: Resolve audit issues, selection of business entity LLC, S-Corp C-Corp Partnership esolve audit issues, selection of business entity LLC, S-Corp C-Corp Partnership Declaration of assets in foreign countries Declaration of assets in foreign countries *FINANCIAL PLANNING *FINANCIAL PLANNING *WEALTH MANAGEMENT *WEALTH MANAGEMENT *INVESTMENTS *INVESTMENTS *ANNUITIES *ANNUITIES *RETIREMENT PLAN: *RETIREMENT PLAN: IRA and 401K ROLLOVER IRA and 401K ROLLOVER Email: satya@thegurutax.com www.myhdvest.com/satyamitra THE GURU TAX AND FINANCIAL SERVICES, INC. Securities offered through Avantax Investment Services SM . Member FINRA, SIPC. Investment Services offered through Avantax Advisory Services SM . Insurance Services offered through Advantax Insurance Agency SM . 6333 N. State Highway 161, 4th Floor, Irving, TX 75038, (972)-870-6000 The Guru Tax & Financial Services, Inc. is not a registered broker/dealer or Registered Investment Advisory Firm. CA Insurance Lic#0H06067 By appointment only • Call now to reserve your appointment By appointment only • Call now to reserve your appointment Free tax preparation (year 2019) for those who are enduring financial difficulty due to coronavirus pandemic. Must call to discuss their situation and make an appointment. IRS HAS EXTENDED THE TAX FILING DATE TO JULY 15TH, 2020 This service will be available until the deadline. ALSO ANSWERING ANY TAX QUESTIONS ONE MIGHT HAVE Please call 508.797.0005 between 10 a.m. to 12 p.m. Monday - Friday or email your questions: satya@thegurutax.com PROVIDING FREE TAX SUPPORT AT PROVIDING FREE TAX SUPPORT AT THIS TIME OF ECONOMIC CRISIS THIS TIME OF ECONOMIC CRISIS OUR MISSION IS TO HELP OUR COMMUNITY SERVING THE COMMUNITY FOR 30 YEARS SATYA B. MITRA* Ph.D., E.A., CFP ® Enrolled Agent Certified Financial Planner ™ THE GURU TAX AND FINANCIAL SERVICES, INC. • TAX PREPARATION & PLANNING: Individuals, landlords, business owners, tax issues if earning in foreign countries • CONSULTING & SEMINARS: Resolve audit issues, selection of business entity LLC, S-Corp, C-Corp, Partnership and Declaration of assets in foreign countries Passionately dedicated to serving the community How will the new tax laws affect you... and how can you REDUCE your tax liability? 446 Main St., 16th Floor, Worcester, MA 01608 Ph: 508.797.0005 • Cell: 508.641.8441 Satya B. Mitra is a registered representative offering securities through Avantax Investment ServicesSM, Member FINRA, SIPC. Investment Services offered through Avantax Advisory ServicesSM. Insurance Services offered through an Avantax affiliated Insurance Agency. By appointment only • Call now to reser ve your appointment & FINANCIAL SERVICES T E C H N O L O G Y & I N N O V A T I O N F A C T B O O K if Tesla charging stations that only work with Tesla vehicles are counted. "We're gonna need to dramatically increase those figures between now and 2030 to support the number of vehicles we believe are going to be on the road," he said. With that increase of chargers and cars, the batteries need to be safer and even more efficient. Northborough technology firm Aspen Aerogels makes aerogels for a multitude of technical applications like thermal insulation. Aspen started by creating aerogels for sea pipes before discovering the materials are perfectly suited for lithium batteries. "We found our way into electrification because there was this collusion of opportunities where electrification has taken off both from a political perspective and also because it's the right thing to do," said Keith Schilling, Aspen's senior vice president of technology. e aerogel the company developed protects batteries from thermal runaway, which is when the cell of a battery begins a positive feedback loop and overheats, which can jump to other cells in the battery and cause them to burn at more than 1,000 degrees Celsius. Because cells swell when charging, a barrier between them not only needs to protect against heat and fire, which aerogels do well, but need to grow and shrink with the cells. "You think of it as kind of the airbags of a vehicle," Schilling said. Aspen has partnered with General Motors in the Detroit car manufacturer's pursuit of a line of electric vehicles safe from thermal runaway, which is rare but is exceedingly dangerous. With the success it found in this application, Aspen has begun to devise more ways to get involved in lithium battery production, which led it to look for a new place to house an entire division of its company dedicated to one sector of the economy. at new home will be the 59,000 square feet of space in Marlborough it is leasing as a research-and-development center to expand its foothold in the EV market, on top of a $575-million facility the company is building in Georgia. While the technology in the batteries has become safer and more reliable, the next great improvement has been the ability of manufacturers to create battery systems that can drive further. Aspen Aerogels plans to open a 59,000-square-foot research facility in Marlborough to enhance its electric vehicle technology. Continued on page 22 IMAGE | COURTESY OF ASPEN AEROGELS

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