NET Power ( (NPWR) ) has issued an update.
NET Power Inc. hosted its annual Investor Day on September 10, 2024, in Houston, where they shared an engaging presentation highlighting their progress and future plans. The company discussed the development of their clean, firm power technology, the Net Power Cycle, and their strategic partnerships, including a significant investment from Occidental’s Oxy Low Carbon Ventures. With a focus on commercialization, NET Power is preparing for the construction of its first commercial plant, Project Permian, and has completed a successful IPO, reinforcing its financial position for upcoming endeavors. The presentation also addressed forward-looking statements, emphasizing the potential risks and uncertainties that could impact NET Power’s operations and future results.
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