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air-products-inks-potential-1bn-helium-deal-with-nasa
© NASA
air-products-inks-potential-1bn-helium-deal-with-nasa
© NASA

Air Products inks potential $1bn helium deal with NASA

Air Products has signed a helium supply deal with NASA that could result in approximately $1.07bn of business.

Under the latest contract, Air Products will supply the space agency with 33 million litres of liquid helium for use at the Kennedy Space Center in Florida and lease six liquid helium pumps.

Helium deliveries will begin 1st December with a firm fixed-price. The deal includes a 23-month base period, followed by three option periods that, if exercised, would extend the contract to 31st October 2027.

The total value of the contract for the base plus option periods is around $1.07bn.

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