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Plug Power Secures $2.8M NASA Hydrogen Contract Amid Investor Doubts

12/2/2025

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Story summary
  • Plug Power Inc. began supplying the National Aeronautics and Space Administration (NASA) with up to 218,000 kilograms of liquid hydrogen under a $2.8 million contract.
  • The agreement supports operations at NASA's Glenn Research Center and the Neil A. Armstrong Test Facility in Ohio.
  • Investors pushed Plug Power's shares down due to ongoing financial concerns.
  • Investors remain skeptical that the contract will translate into profitable revenue streams.