Raser Technologies

Latest Press Releases

June 30th, 2009
Raser Technologies Announces $25.5 Million Registered Direct Offering

Provo, UT, June 30, 2009 – Raser Technologies, Inc.announced today that it has obtained commitments from institutional investors to purchase approximately $25.5 million of its common stock and warrants in a registered direct offering.
Under the terms of the definitive agreements, Raser will sell an aggregate of 8,550,339 units, with each unit consisting of (i) one [...]

June 26th, 2009
Raser Technologies Executes Term Sheet with Southern California Public Power Authority for a Potential 110 MW Pre-Paid Power Purchase Agreement

PROVO, Utah–Raser Technologies, Inc. announced that it has entered into a term sheet with the Southern California Public Power Authority (“SCPPA”) to sell 110 megawatts of renewable geothermal power to certain SCPPA member municipalities in a pre-paid arrangement. The power plants would be built at Raser’s Thermo, Utah site, over a three year period.
The term [...]

June 15th, 2009
Raser Technologies Announces Video News Update On Its Geothermal Activities And The Launch Of Its PHEV Project

Provo, UT, June 15, 2009 – Raser Technologies, Inc. announced today that it has released the latest version of its “Up to Speed” series of videos, updating stockholders, the media and the public on its progress and strategy. The video provides an update on:

its current and proposed geothermal power developments, including the expectation of reaching full  [...]

June 11th, 2009
Raser Technologies Invites Governors To Take A Spin In Electric Hummer

As Part of the Western Governors’ Association Annual Meeting, Governors will test Raser’s recently unveiled Plug-in Hybrid Electric Vehicle (PHEV)

Updated: See Gallery of the Event

PROVO, UT, June 11, 2009 — Raser Technologies, Inc. announced today it will showcase its plug-in hybrid electric vehicle, the Electric Hummer H3E, at the Western Governors’ Association Annual Meeting in Park [...]

June 9th, 2009
U.S. Department Of Energy Clears Raser Application For Loan Guarantee Program To Proceed

Raser Technologies moves one step closer to receiving loan guarantees from the Department of Energy
 
Provo, UT, June 9, 2009 –Raser Technologies, Inc., a leading energy technology company, announced today that the Department of Energy (DOE) has notified the company that its loan guarantee application has been approved to proceed to the next stage of due [...]

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