Feb 28, 20231 min
Chart Industries reported its Q4'22 results on Friday 24th February. It was bullish on demand for helium processing equipment stating that is was currently quoting on 5 current helium liquefaction projects. It also said that space exploration has kicked off 2023 with high demand levels.
From Chart transcript and presentation:
There's also a helium shortage, which is driving a number of customers to move ahead with producing more volume, resulting in us seeing a heavy increase in quotation activities for our helium process technology.
Helium shortages driving new He liquefier potential customers and projects (quoting 5 currently)