Stabilis Solutions Poised for Growth in Commercial Space Sector as Leading High-Purity LNG Supplier

Stabilis Solutions, Inc., a prominent figure in the clean energy sector, revealed plans for significant growth driven by heightened demand for high-purity LNG fuel within the commercial space launch market. Highlighting the U.S.'s dynamic advancement as a leader in commercial rocket launches, Stabilis recognizes an unprecedented surge in demand for its high-purity LNG, catering to the evolving needs for next-generation connectivity and observation capabilities.

Accounting for over 50% of the global launches in 2023, and observing a more than 400% increase in the U.S. launches over the past decade, the demand for Stabilis’s high-purity LNG is on a steep rise. This fuel is preferred for its contributions to the rapid turnaround of reusable boosters, enhanced engine efficiency, and ease of storage. Stabilis is on track to expand its aerospace-related sales volumes by over 40% in 2024, foreseeing a domestic demand spike for high-purity LNG by 65% over the next five years.

Westy Ballard, President and CEO of Stabilis, affirmed the company's unmatched position in offering turnkey clean fueling solutions. With a substantial backlog of contracted aerospace volumes, Stabilis solidifies its stance as the premier provider of high-purity LNG to leading innovators in space exploration, ready to support their upcoming growth and discoveries.