A filtration supplies firm that watched its inventory rise amid the necessity for protecting gear to protect towards Covid-19 is testing methods to make respiration doable on one other planet.
Lydall, which the federal authorities contracted to help replenish the U.S. stockpile of personal protection equipment, provided the National Aeronautics and Space Administration with HEPA-grade filtration media that is getting used to supply oxygen on Mars, in accordance with CEO Sara Greenstein.
“We’re not only protecting people and the environment on Earth, we’re starting to do it on Mars as well,” Greenstein informed CNBC’s Jim Cramer Monday.
In February, NASA grabbed nationwide headlines after landing the six-wheel rover Perseverance on Mars. The rover is provided with filtration media made by Lydall, which is studying ways to convert carbon dioxide into oxygen that may be helpful for human journey to the crimson planet.
Greenstein mentioned on “Mad Money” that Lydall’s HEPA-grade filtration media, referred to as the Mars Oxygen In-Situ Resource Utilization Experiment (MOXIE) module, is put in on the rover and is exhibiting some indicators of success.
“What the MOXIE module is doing … [is] walking around the Mars surface filtering all of the CO2 out of the Martian air and trying to turn it into oxygen so that for future manned landings we wouldn’t have to bring stored oxygen up. And it’s working,” she mentioned. “They’ve been able to capture enough oxygen for an astronaut to be up there for 10 minutes already.”
NASA introduced final month that it ran the primary of a number of exams utilizing MOXIE, which was designed to generate about 20 minutes of breathable oxygen per hour for astronauts, in accordance with the press launch.
Shares of the corporate rose in Monday buying and selling to $37.11, placing the top off greater than 23% to this point this yr.