LEHIGH
VALLEY, Pa., March 27,
2023 /PRNewswire/ -- Air Products (NYSE:APD), the
world's largest producer of hydrogen and a first-mover in energy
transition projects, today announced it recently was awarded
several supply contracts from NASA totaling more than $130 million to provide liquid hydrogen for
several NASA locations including the Kennedy Space Center, Cape
Canaveral Space Force Station, and other NASA facilities.
Under one public contract, Air Products will supply NASA liquid
hydrogen to support operations at the Kennedy Space Center and
nearby Cape Canaveral Space Force Station. The multi-year contract,
which is already in effect, includes a maximum value of
approximately $75 million.
NASA also awarded Air Products a separate public contract,
valued at a maximum value of over $57
million 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.
NASA uses liquid hydrogen, combined with liquid oxygen, as fuel
in cryogenic rocket engines, and hydrogen's unique properties
support the development of aeronautics.
"Air Products has a long history of working with NASA,
stretching from the very beginning of the
United States' (U.S.) space program, to the Apollo 11 moon
landing, and to the more recent missions to study Mars," said
Francesco Maione, Air Products'
President, Americas. "We are proud to provide NASA with the
industrial gases they need for their important work and look
forward to continuing our many decades-long working relationship
with the U.S. space program."
Air Products' working relationship with NASA began in 1957 with
the commissioning of an industrial gas plant in Ohio and has since continuously supplied NASA
with liquid hydrogen and other industrial gases for advancing the
U.S. Space Program. In addition to product supply to space
launches, Air Products also has had a long-term relationship with
NASA's engine testing program at Stennis Space Center, Johnson
Space Center in Texas, as well as
Marshall Space Flight Center.
Air Products works across all facets of the hydrogen value
chain, including production, distribution, storage and dispensing
and has been a pioneer in hydrogen fueling for decades. The Company
has announced an industry-leading commitment to invest at least
$15 billion for clean energy
megaprojects around the world, including a $4.5 billion clean energy complex in Louisiana; a $1.6
billion (CAD) net-zero energy hydrogen energy
complex in Edmonton, Alberta,
Canada, a multi-billion dollar investment in NEOM,
Saudi Arabia in conjunction with
ACWA Power and NEOM, to build a world-scale green hydrogen
production facility; teaming with World Energy to build a new
$2.5 billion major expansion project
at World Energy's Sustainable Aviation Fuel production and
distribution hub in Paramount,
California; and an investment of $500
million to build a green hydrogen production facility in
New York that will produce 35
metric tons per day of liquid green hydrogen.
In addition, Air Products has announced additional projects
including a $4 billion joint venture
with AES to build the largest green hydrogen production facility in
the United States in
Texas, and a green liquid hydrogen
production facility in Arizona
that will produce 10 metric tons of green hydrogen a day. The
company operates the world's longest hydrogen pipeline system in
the U.S. Gulf Coast and is a world-class liquid hydrogen supplier.
Air Products has hands-on operating experience with over 250
hydrogen fueling station projects in 20 countries and the company's
technologies are used in over 1.5 million fueling operations
annually.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest industrial gas and
carbon-capture projects, supplying world-scale clean hydrogen for
global transportation, industrial markets, and the broader energy
transition. Additionally, Air Products is the world leader in the
supply of liquefied natural gas process technology and equipment,
and globally provides turbomachinery, membrane systems and
cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50
countries and has a current market capitalization of about
$65 billion. More than
21,000 passionate, talented and committed employees from
diverse backgrounds are driven by Air Products' higher purpose to
create innovative solutions that benefit the environment, enhance
sustainability and reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on
LinkedIn, Twitter, Facebook or Instagram.
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SOURCE Air Products