NASA has just turbocharged the hydrogen industry with a massive contract close to $150 million, securing its future liquid hydrogen supply. The big winners? Air Products and Plug Power. While Air Products grabbed the lion’s share (let’s face it, they’re probably doing a happy dance), Plug Power managed to snag a modest 2% of the deal’s value. Hey, it’s not much, but it’s NASA money—who’s complaining?
NASA Bets Big on Liquid Hydrogen
This multi-million dollar partnership highlights NASA’s commitment to green, clean fuel solutions for its missions. Air Products will cover the bulk of the contract, ensuring NASA’s rockets keep launching while keeping emissions in check. Plug Power, with its smaller slice, still gets to play in the big leagues. It’s like showing up to the Olympics, even if you only run the relay’s first 10 meters. The message is clear: hydrogen is not just the fuel of tomorrow—it’s the fuel of today’s space race.
What Does This Mean for the Hydrogen Market?
This deal is a win for clean energy advocates everywhere. It gives confidence to investors and signals that the hydrogen sector is reaching new heights (literally). It’s inspiring to see government and industry working together for a sustainable future—even if some partners get a smaller piece of the action. Sometimes, you just have to celebrate the fact that you’re on the guest list at all!