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Linde Announces Major U.S. Investments to Support Commercial Space Sector

1. Linde announces new investments for U.S. space exploration growth. 2. Long-term agreements will expand gas supply for rocket launches.

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Why Bullish?

Linde’s participation in the growing space industry can boost its revenue base, reminiscent of past growth from industrial demand surges.

How important is it?

New contracts in emerging markets reflect strategic positioning, enhancing Linde’s market share and potential future earnings.

Why Long Term?

The initiatives support sustained growth in a novel sector, similar to Linde’s expansions in healthcare and clean energy.

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BOEINGNOCRTX
WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) today 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 rocke.

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