Press Release

Anax Power & ATCO to Install 1MW Anax Turboexpander (ATE) to Generate Clean Power in Calgary, AB

Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, has signed a letter of intent with ATCO Gas (ATCO), an Alberta-based natural gas distributor, to install the Anax Turboexpander (ATE) at the South Glenmore Park Gate Station outside Calgary as part of a one-year pilot study for

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Anax Power and Magellan Scientific to Install 500kW Anax Turboexpander (ATE) to Mine Bitcoin in the Appalachian Basin

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.

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Anax Power Appoints Court Coursey to its Board of Directors

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

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Anax Power & Magellan Scientific Sign a $12mm, Multi-Year Partnership to Mine Bitcoin Using 500kW Anax Turboexpander

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

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Localized Generation Can Alleviate Texas’ Extreme Weather Problems

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

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Anax Power Appoints John Fox to its Board of Directors

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

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