---
schema_version: "secwatch.filing_event.v1"
accession: "0001845437-25-000052"
form_type: "8-K"
ticker: "NPWR"
cik: "0001845437"
company_name: "NET Power Inc."
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:43:06.767034+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Net Power reports Q2 cash $475M; Project Permian LCOE below $100/MWh

## Summary
- Cash, cash equivalents and investments of $475M as of June 30, 2025.
- Project Permian LCOE target below $100/MWh, improved >33% via integrated gas turbine product configuration.
- SN1 total installed cost reduced to $1.6-1.9 billion while preserving performance.
- Expanded 45Q credits and reinstated bonus depreciation yield ~$20/MWh LCOE improvement at Project Permian.
- La Porte facility resumed testing; over 150 hours completed in July; Phase 1 testing expected in 2025.

## SEC filing metadata
- accession: 0001845437-25-000052
- form_type: 8-K
- ticker: NPWR
- cik: 0001845437
- company_name: NET Power Inc.
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845437/000184543725000052/0001845437-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845437/000184543725000052/npwr-20250811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001845437-25-000052
- JSON: https://secwatch.observer/filing/0001845437-25-000052.json
- Plain text: https://secwatch.observer/filing/0001845437-25-000052.txt

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