NET Power Reports Third Quarter Financial Results
NET Power (NPWR) concluded the third quarter with a strong liquidity position, reporting approximately $183 million in cash, cash equivalents, and investments. Notably, the company maintains a debt-free balance sheet as it continues its operational development. The company's current liquidity forecast is contingent upon specific project milestones, specifically assuming that it does not issue a full notice to proceed under its existing Engineering, Procurement, and Construction (EPC) agreement or engage in significant additional capital expenditures during this period.
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