2023-03-27 13:32:28 ET
- Air Products and Chemicals ( NYSE: APD ) announced that it was recently awarded several supply contracts from NASA totaling $130M+ for providing liquid hydrogen for several NASA locations including the Kennedy Space Center, Cape Canaveral Space Force Station, and other NASA facilities.
- The multi-year contract, which is already in effect, includes a maximum value of ~$75M.
- NASA also awarded Air Products a separate public contract, valued at a maximum value of $57M+ to supply liquid hydrogen to facilities across the agency including NASA's Marshall Space Flight Center in Huntsville, Alabama, and the Stennis Space Center in Bay St. Louis, Mississippi.
- Also, the company has announced additional projects including a $4B joint venture with AES for building the largest green hydrogen production facility in the U.S. in Texas and a green liquid hydrogen production facility in Arizona that will produce 10 metric tons of green hydrogen daily.
For further details see:
Air Products nabs $130M+ in NASA contracts for supplying liquid hydrogen