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NET Power Inc. is a clean energy technology company. The Company invents, develops, and licenses clean power generation technology. Its technology provides natural gas power with life cycle emissions that are 90% below combined cycle natural gas systems and in line with renewables coupled with batteries. Its technology captures over 97% of carbon dioxide (CO2) emissions from power generation. The Company works by combusting natural gas with pure oxygen in a combustor, producing CO2 and water. It mixes this with recirculated CO2 and uses it to spin a turboexpander, producing power. When the turboexpander exhaust cools, water and byproducts are removed. Its projects include First Utility- Scale Project and La Porte Test Facility. The First Utility- Scale Project is in the Permian West Texas, which captures approximately 860000 tons of CO2 per year.
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Company Profile
NET Power Inc. is a clean energy technology company. The Company invents, develops, and licenses clean power generation technology. Its technology provides natural gas power with life cycle emissions that are 90% below combined cycle natural gas systems and in line with renewables coupled with batteries. Its technology captures over 97% of carbon dioxide (CO2) emissions from power generation. The Company works by combusting natural gas with pure oxygen in a combustor, producing CO2 and water. It mixes this with recirculated CO2 and uses it to spin a turboexpander, producing power. When the turboexpander exhaust cools, water and byproducts are removed. Its projects include First Utility- Scale Project and La Porte Test Facility. The First Utility- Scale Project is in the Permian West Texas, which captures approximately 860000 tons of CO2 per year.
Valuation Ratios
- Price/Earnings (TTM)
- --
- Price/Sales (TTM)
- --
- Price/Book (MRQ)
- 2.08x
- Price/Cash Flow (TTM)
- --
MRQ = Most Recent Quarter
Price Performance
Financial Statements
Balance sheet
Values displayed are in thousands.
Income statement
Values displayed are in thousands.
Cash flow
Values displayed are in thousands.
Company Officers
- Peter J. BennettChmn.
- Brian AllenPres.
- Daniel Joseph RiceCEO
- Akash PatelCFO
- Brock Forrest
Address
- 404 Hunt Street, Suite 410
- Durham, NC 27701
- Phone: (919) 287-4750
- Fax: (919) 287-4798
Insider Trading
No insider trading activity.
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