NET Power Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $150.4M
- Price
- $1.70
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.41%
- Volume
- 573.2K
About
NET Power Inc. functions as a pioneering firm in the realm of sustainable energy solutions. Its core business involves the conceptualization, refinement, and commercialization (via licensing) of innovative technologies designed for generating eco-friendly power. This enterprise, which commenced operations in 2010, maintains its principal offices in Durham, North Carolina.
Quick stats
Shares outstanding88.5M
Computed float30.2M
Float / shares34.1%
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001845437
Websitehttps://www.netpower.com
AI Summary
AI-generated1/13
majorbearishearnings
Net Power Reports Second Quarter 2026 Results and Provides Business Update
Net Power is recalibrating its commercial strategy to prioritize fast-deploy, unabated natural gas power generation to meet immediate demand from AI and data centers, delaying carbon capture to future phases.
The company reported $310 million in liquidity, sufficient to fund operations for 12 months, but noted that no project-level financing, customer deposits, or partner capital has been committed for Project Permian.
Net Power has contracted two modular gas turbine sets totaling approximately 68 megawatts for Project Permian, while the letter of intent with Entropy Inc. has expired as the parties discuss new arrangements.
Red flags
- Strategic pivot to unabated natural gas delays core carbon capture thesis
- Letter of intent with Entropy Inc. expired
- No committed project financing, customer deposits, or partner capital for Project Permian
- Liquidity runway assumes no additional pre-FID equipment obligations