Plug Power and Air Products get near-$150m boost as Nasa locks in liquid hydrogen supply

NASA has awarded $147.2 million in fixed-price contracts to Air Products and Plug Power to deliver nearly 17,000 tones of liquid hydrogen for rocket operations across multiple U.S. facilities. The contracts run for two years with optional extensions through 2030. Air Products will supply the overwhelming majority of the hydrogen—about 36.5 million pounds (16,556 tones)—to key NASA sites including the Kennedy Space Center, Cape Canaveral Space Force Station, and locations in Alabama and Mississippi. The company has a long history with NASA, having provided liquid hydrogen since 1957, and recently completed the first fill of the world’s largest hydrogen storage tank at Kennedy Space Center. Plug Power, by contrast, will supply only 480,000 pounds (≈218 tones) to two facilities in Ohio, worth $2.8 million, representing less than 2% of the total contract value. It is not yet confirmed whether Plug’s hydrogen will come from its own electrolyze plants or from a recently announced third-party supply agreement. NASA also clarified that no sustainability or origin requirements were included in the contract.