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Stock impact report

NET Power Reports Fourth Quarter and Year End 2023 Results and Provides Business Update [Yahoo! Finance]

NET Power Inc. Class A (NPWR) 
Company Research Source: Yahoo! Finance
Notice to Proceed (LNTP) with Baker Hughes to release long-lead material for the first utility-scale turboexpander Signed Strategic Supplier Agreement with Lummus Technology to design and supply recuperative heat exchangers ("HXRs") for NET Power's near-zero emissions power generation cycle DURHAM, N.C., March 11, 2024 BUSINESS WIRE )--NET Power Inc. (NYSE: NPWR) ("NET Power" or the "Company") today reported results for the fourth quarter and year end 2023. Danny Rice, Chief Executive Officer of NET Power, commented, "Our team concluded the fourth quarter of 2023 with steady progress across our three strategic pillars. Development work continues at Project Permian and site preparation at our La Porte facility has ramped up in anticipation of upcoming Baker Hughes equipment validation campaigns scheduled to begin later this year." Mr. Rice continued, "Our recuperative heat exchanger supply agreement signed with Lummus Technology in the fourth quarter marks a significant step in Show less Read more
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