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Astronauts are headed to the moon and hydrogen is making it possible. Hi, I'm Steve Hill, CEO of NewHydrogen, with this week's top hydrogen news.
First up, NASA is completing final preparations for its Artemis 2 mission, one of the very few crude lunar missions in human history, and it's showing just how critical hydrogen has become to cutting edge technology. The trip will take more than 700,000 gallons of cryogenic liquid propellant, including huge quantities of liquid hydrogen that drive the rocket's upper stage performance. Liquid hydrogen is the ideal propellant for deep space missions because it delivers exceptional efficiency when paired with liquid oxygen, something rockets have relied on since the earliest lunar explorations.
In the Aremis context, the hydrogen carried by the rocket isn't a small add-on. It's a principal energy source that enables the mission to leave Earth's gravity and carry astronauts around the moon. The fact that NASA continues to choose hydrogen for this historic flight and in such quantities is notable. Hydrogen's performance traits are already well proven, and Artemis 2 makes it pretty clear how foundational hydrogen is when mission success is non-negotiable.
Looking beyond the launch itself, the agency has also secured long-term access to hydrogen to support Artemis and future missions. Here's what NASA is signaling to the market. Hydrogen is no longer niche. It isn't an experiment. It's foundational infrastructure for advanced technology, space exploration, and high performance systems.
Next up, hydrogen's role is also expanding rapidly here on Earth, especially in energy storage. According to a recent industry forecast, the global hydrogen energy storage market is experiencing strong growth as renewable power deployment gains momentum worldwide. The hydrogen energy sector, valued at roughly $17 billion in 2024, could reach about $31 billion by 2033, writing a compound annual growth rate of over 7% through the decade. That valuation reflects more than just monetary growth.
It represents a shift in how energy brokers think about longduration storage and flexibility. Unlike many traditional storage technologies, hydrogen can store energy for extended periods and be deployed in a range of sectors from grid balancing to industrial use without greenhouse gas emissions at the point of use. Hydrogen's versatility sets it apart. It can be produced from surplus renewable electricity stored in compressed or liquid form and later converted back into power or used as feedstock for hard to decarbonize industries.
These characteristics are turning hydrogen storage into a strategic asset in global energy planning and security. As both the space and energy storage markets expand, the data increasingly point to hydrogen as one of the pivotal technologies of this century. If you'd like to understand how ThermoLoop is different and why we believe it matters,
Visit us at newhydrogen.com and watch our short explainer video. Let's work together to ensure the world's future hydrogen supply is clean, abundant, and cheap. NewHydrogen is a publicly traded company under the ticker NEWHH. Thanks for watching and we'll see you again next week.