{"schema_version":"secwatch.filing_event.v1","accession":"0001845437-25-000060","form_type":"8-K","ticker":"NPWR","cik":"0001845437","company_name":"NET Power Inc.","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.782375+00:00","generated_at":"2026-05-16T20:33:38.930857+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Net Power shifts strategy to PCC, partners with Entropy, takes impairment on oxy-combustion","bullets":["Signed LOI with Entropy Inc. to exclusively deploy its PCC tech for US power generation; joint development.","Project Permian Phase I: 60MW gas turbines secured (2028 delivery), 30MW to Occidental; FID H1 2026.","Northern MISO hub: 300MW interconnect request, target FID 2027, commercial ops 2029.","Non-cash impairment of oxy-combustion intangible assets due to slower market acceptance.","Ended Q3 with ~$424M cash; pivot to near-term PCC projects while continuing oxy-combustion testing."],"urls":{"canonical":"https://secwatch.observer/filing/0001845437-25-000060","json":"https://secwatch.observer/filing/0001845437-25-000060.json","markdown":"https://secwatch.observer/filing/0001845437-25-000060.md","text":"https://secwatch.observer/filing/0001845437-25-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845437/000184543725000060/0001845437-25-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845437/000184543725000060/npwr-20251113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:33:38.930857+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}