Long helium market ‘can deliver for space sector’
The boom in space exploration can be met by the current plentiful supply of helium and the sector remains small compared with more established segments, a leading consultant explained today in a gasworld exclusive space-themed webinar.
Rich Brook, CEO at helium consultancy Garrison Ventures, said space is growing at a fast rate but it’s from a lower base.
“The helium market is long and likely to stay long which means that supply exceeds demand,” he said.
“There are a number of other applications that are more important to industrial gas companies, in terms of servicing their clientele with helium – the MRI business, for instance, is still north of 20% of the total market.”
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