NASA Calls, Plug Answers: A Turning Point for Hydrogen?

From a purely financial perspective, $2.8 million will not single-handedly repair the company's earnings misses or reverse recent revenue declines. However, viewing this solely as a revenue event misses the forest for the trees. The true value lies in the NASA Standard.To understand the significance of this deal, investors must look past the headline dollar amount. Under the agreement, Plug Power will supply up to 218,000 kilograms (approximately 480,000 pounds or 240 tons) of liquid hydrogen to NASA’s Glen ...