---
schema_version: "secwatch.filing_event.v1"
accession: "0001845437-24-000058"
form_type: "8-K"
ticker: "NPWR"
cik: "0001845437"
company_name: "NET Power Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:39:49.728496+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Net Power signs $90M long-lead equipment deal with Baker Hughes for first utility-scale plant

## Summary
- Up to $90M for long-lead materials for turboexpander and KPEP for first utility-scale power plant.
- Payments started December 2023, remainder expected through April 2026.
- Definitive purchase agreement for turboexpander and KPEP intended in 2025 to supersede LNTP.
- Variation Agreement No. 2 dated September 30, 2024 modifies prior LNTP.

## SEC filing metadata
- accession: 0001845437-24-000058
- form_type: 8-K
- ticker: NPWR
- cik: 0001845437
- company_name: NET Power Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845437/000184543724000058/0001845437-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845437/000184543724000058/npwr-20241004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001845437-24-000058
- JSON: https://secwatch.observer/filing/0001845437-24-000058.json
- Plain text: https://secwatch.observer/filing/0001845437-24-000058.txt

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