Anax Power Completes $3.5M Capital Raise

Wharton, New Jersey – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, today announced that it has completed a $3.5M equity raise from a group of existing and new investors. The proceeds will be used for final engineering and commercialization of the 500kW ATE. This financing enables Anax to …

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