Linde announces major U.S. investments to fuel space exploration

Linde (LIN) announced ambitious new investments to fuel the next frontier of space exploration. With two new long-term agreements to supply bulk industrial gases for rocket launches, Linde is strengthening its leadership in the rapidly expanding U.S. space industry. As part of these agreements, Linde will significantly expand its industrial gases facility in Mims, Florida. This site will provide critical liquid oxygen and nitrogen to support rocket launches at nearby space facilities. The additional capacity is expected to start up in the first quarter of 2027, marking the latest phase in Linde’s growth at Mims, following expansions in 2020 and 2024 driven by robust demand for industrial gases in the region. Further amplifying its leading role in the U.S. space sector, Linde will build, own and operate a new air separation unit in Brownsville, Texas, under a separate agreement. Expected to start up in the first quarter of 2026, this new facility will deliver liquid oxygen, nitrogen and argon, addressing the needs of its customer’s space operations in the region. Beyond supporting space exploration, the Brownsville ASU will enhance Linde’s extensive network of industrial gas infrastructure and expand merchant capacity across Texas.