LongPath Announces First Financing Disbursement From The $162 Million Department of Energy Loan
LongPath Technologies has received the first disbursement from its $162 million U.S. Department of Energy loan, accelerating the expansion of its continuous methane monitoring network across major oil and gas regions.
The funding supports rapid deployment of LongPath’s long-range, laser-based system, with coverage expected to reach 2.4 million acres by mid-2026. This milestone advances infrastructure-scale visibility for operators, enabling real-time emissions detection, improved operational efficiency, and stronger energy system reliability.
