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Stock impact report

Plug Power (PLUG) Kicks Off NASA Liquid Hydrogen Contract, Signaling Entry Into Aerospace [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
hydrogen supply contract with NASA, marking a milestone for the company's entry into the aerospace sector. Plug Power will supply up to 218,000 kilograms (~480,000 pounds) of liquid hydrogen to support mission-critical operations. The contract is part of a larger procurement initiative, carries a total value of ~$2.8 million, and is slated to run through November 30, 2030, following a structure that includes a 2-year base period and three 1-year options. The fuel is destined for Ohio's NASA Glenn Research Center in Cleveland and the Neil A. Armstrong Test Facility in Sandusky. The award underscores Plug Power's ability to meet the space agency's stringent requirements for high-purity hydrogen to ensure the reliability of rocket engines and aeronautical research. The partnership serves as a validation of the company's technical capabilities, as NASA is one of the world's most demanding consumers of liquid hydrogen, using more than 37 million pounds of the fuel annually. The move also Show less Read more
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