Plug Power Inc. (NASDAQ:PLUG) surged 9.90% on Tuesday, closing at $2.11 per share after securing a NASA contract to supply hydrogen fuel. NASA selected Plug Power and Air Products to deliver a total of 36,952,000 pounds of liquid hydrogen, with Plug Power’s portion valued at $2.8 million. Air Products’ contract is valued at $144.4 million and includes deliveries to multiple NASA centers. The contracts are structured with a two-year base period and three one-year options, potentially extending until 2030. NASA emphasized the importance of liquid hydrogen for cryogenic rocket engines.

Read more at Yahoo Finance: Plug Power (PLUG) Surges 9.9% on NASA Million-Dollar Deal