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NET Power Inc
404 Hunt Street, Suite 410
Phone: (919) 287-4750p:919 287-4750 DURHAM, NC  27701  United States Ticker: NPWRNPWR
Business Summary
NET Power Inc. is a clean energy technology company. It is engaged in developing its proprietary NET Power Cycle, which transforms natural gas into low-cost, clean, and reliable 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 clean, reliable, and low-cost electricity generation through its highly recuperative oxy-combustion process. This process involves the combination of two technologies: oxy-combustion and supercritical CO2 power cycle. Its customers include electric utilities, oil and gas companies, midstream oil and gas companies, technology companies, and industrial facilities, both in domestic and international markets. It deploys its utility-scale plants across the world by partnering with power producers, energy producers, technology providers, local communities and other stakeholders.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
3629 Electrical industrial apparatus, not elsewhere classified
3699 Electrical machinery, equipment, and supplies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Operating Officer BrianAllen 50 4/1/2023 4/1/2023
Chief Executive Officer, Director Daniel J.Rice 42 6/1/2023 6/1/2023
Chief Financial Officer AkashPatel 42 6/1/2023 6/1/2023
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
16 additional Business Names available in full report.

General Information
Number of Employees: 43 (As of 12/31/2023)
Outstanding Shares: 213,761,863 (As of 3/7/2024)
Shareholders: 53
Stock Exchange: NYSE
Federal Tax Id: 981580612
Fax Number: (919) 287-4798


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Wednesday, April 24, 2024