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Ball (BLL) Awarded $600K NASA Contract for Cryogenic Propellant Storage & Transfer Study

September 9, 2011 7:22 AM EDT
Ball Aerospace & Technologies Corp. (NYSE: BLL) reports it is one of our companies that will study the storage and transfer of cryogenic propellants in space under a contract to NASA. Each company was awarded up to $600K to accomplish this half-year effort.

Under a directive from President Barack Obama, NASA is pursuing human missions to an asteroid by 2025. Such a mission would require space-based fuel depots and/or pre-positioned cryogenic propulsion stages.


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