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NET Power Inc
320 Roney Street, Suite 200
Phone: (919) 287-4750p:919 287-4750 DURHAM, NC  27701  United States Ticker: NPWRNPWR
Business Summary
NET Power Inc. is an energy technology company developing its proprietary NET Power Cycle, which transforms natural gas into power. The NET Power Cycle is designed to inherently capture carbon dioxide (CO2) while producing virtually no air pollutants, such as sulfur oxides (SOX), nitrogen oxide (NOX) and other particulates. The NET Power Cycle is designed to achieve electricity generation through its highly recuperative oxy-combustion process. This process involves the combination of two technologies: oxy-combustion and supercritical CO2 (sCO2) power cycle. In the Net Power Cycle, CO2 produced in oxy-combustion is immediately captured in a sCO2 cycle that produces electricity. As CO2 is added through oxy-combustion and recirculated, excess captured CO2 is siphoned from the cycle at high purity for export to permanent storage or utilization. Its customers include electric utilities, oil and gas companies, midstream oil and gas companies, technology companies, and industrial facilities.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202512/31/2024YesYes---

Industries
SIC Code Description
3629 Electrical industrial apparatus, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board Peter J.Bennett 57 6/6/2023 6/1/2023
President, Chief Executive Officer, Interim Chief Financial Officer, Director Daniel J.Rice 44 4/14/2025 6/1/2023
Chief Operating Officer MarcHorstman 50 4/15/2025 4/15/2025
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
NET Power, LLC The Power House Durham NC United States

Business Names
Business Name
Beta Power Holdings A LLC
Beta Power Holdings LLC
Beta Project A LLC
17 additional Business Names available in full report.

General Information
Number of Employees: 68 (As of 12/31/2024)
Outstanding Shares: 219,067,063 (As of 5/9/2025)
Shareholders: 50
Stock Exchange: NYSE
Federal Tax Id: 981580612
Fax Number: (919) 371-2142


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Friday, June 6, 2025