Greenstein said on “Mad Money” that Lydall’s HEPA-grade filtration media, called the Mars Oxygen In-Situ Resource Utilization Experiment (MOXIE) module, is installed on the rover and is showing some signs 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 said. “They’ve been able to capture enough oxygen for an astronaut to be up there for 10 minutes already.”
NASA announced last month that it ran the first of several tests using MOXIE, which was designed to generate about 20 minutes of breathable oxygen per hour for astronauts, according to the press release.
Shares of the company rose in Monday trading to $37.11, putting the stock up more than 23% so far this year.