---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-107045"
form_type: "8-K"
ticker: "NPWR"
cik: "0001845437"
company_name: "NET Power Inc."
filed_at: "2026-09-11T20:01:09+00:00"
generated_at: "2026-09-11T20:02:09.777759+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Net Power suspends utility-scale oxy-combustion JDA and Commercial Agreement with Baker Hughes

## Summary
- Agreements with Baker Hughes affiliates (NP, NPI) indefinitely suspend A&R JDA and Commercial Agreement effective retroactively Jan 1, 2026.
- License Amendment grants NP perpetual, royalty-bearing industrial-plant license; no royalty amount agreed, none assured.
- Baker Hughes' access/exclusivity rights to La Porte facility terminated; Company free to use/sell/decommission facility.
- Mutual releases exchange claims; outstanding work through Dec 31, 2025 remains payable in cash and paired Class B/OpCo units.
- Prior $193.7M non-cash impairment (Q2 2026) wrote down oxy-combustion developed technology and La Porte facility to zero.

## SEC filing metadata
- accession: 0001104659-26-107045
- form_type: 8-K
- ticker: NPWR
- cik: 0001845437
- company_name: NET Power Inc.
- filed_at: 2026-09-11T20:01:09+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845437/000110465926107045/0001104659-26-107045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845437/000110465926107045/tm2625288d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-107045
- JSON: https://secwatch.observer/filing/0001104659-26-107045.json
- Plain text: https://secwatch.observer/filing/0001104659-26-107045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.