Anax Power

Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, has signed a joint operating agreement with Magellan Scientific, LLC (www.magellanscientific.com), an off-grid, decentralized digital asset company, to install a 500 kW Anax Turboexpander (“ATE”) paired with a Magellan Scientific off-grid immersion data center to mine for Bitcoin. […]

Wharton, New Jersey – Anax Power (www.anaxpower.com), whose technology generates clean power from natural gas, without emissions, today announced that Court Coursey will join its Board of Directors. “We’re excited to expand our board with the addition of Court, who adds significant financial acumen and an unparalleled startup network to our team. Court’s experience as

Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, has entered into a long-term exclusive agreement with Magellan Scientific, LLC (www.magellanscientific.com) (an affiliate of Pin Oak Energy Partners LLC) to power distributed data centers using the 500kW Anax Turboexpander (ATE). As the digital mining industry has come

By Michael Longo In mid-February, two severe winter storms crippled Texas’ utility infrastructure and left 4.3 million people without power. Despite partisan efforts to blame a single resource (Democrats – it was the fossil plants! Republicans – it was the frozen wind turbines!), this catastrophe happened because of Texas’ centralized energy infrastructure. A more localized

Wharton, New Jersey – Anax Power (www.anaxpower.com), whose technology generates clean power from natural gas, without emissions, today announced that John Fox will join its Board of Directors. “We’re excited to expand our board with the addition of John, who adds significant operational experience with waste-to-energy technology to our team. John has successfully guided several

Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, commends Congress and President Trump on passing the Consolidated Appropriations Act, 2021, which includes a 26% Investment Tax Credit (ITC) for “Waste Energy Recovery” technology. The 500kW Anax Turboexpander (ATE) uses waste energy to generate carbon-free power from

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

Wharton, New Jersey – Anax Power (www.anaxpower.com), whose technology generates clean power from natural gas, without combustion, today announced that Dennis L. Wolfarth (“Denny”) will join its Board of Directors. “We’re excited to expand our board with the addition of Denny, who will add significant financial acumen to our team. In addition to the operational