Eco Wave Power Global AB

Eco Wave Power Global AB is engaged in the research, development, and manufacture of technology for turning ocean and sea waves into electricity. Its projects include Jaffa Port and Gibraltar wave energy power station. The company was founded by Inna Braverman and David Leb in 2011 and is headquartered in Tel Aviv, Israel.

Earnings data Q4 2021

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Earnings data Q4 2022

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STOCKHOLM , Dec. 23, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a global leader in onshore wave energy technology, is pleased to announce that its Founder and CEO, Inna Braverman, will be speaking at Imagination In Action 2025: Architects of the Global Future, on the 22nd of January, 2025. This prestigious event, held in alignment with the World Economic Forum's Annual Meeting in Davos, Switzerland, underscores her leadership in sustainable innovation and renewable energy.

Inna Braverman to Speak at Imagination In Action 2025: Architects of the Global Future at Davos World Economic Forum

PORTO, Portugal , Dec. 16, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, is pleased to announce the appointment of Juan Jose Gomez to spearhead the execution of its ambitious wave energy project in Portugal. With his extensive expertise and proven leadership in renewable energy initiatives, Juan will also oversee the operation and maintenance (O&M) activities once the project becomes operational.

Eco Wave Power Appoints Juan Jose Gomez as the Power Station Manager of its Portuguese Project

TEL AVIV, Israel , Dec. 12, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced that it has closed its previously announced offering of 300,000 American Depositary Shares ("ADSs")(or ADS equivalents), each representing eight common shares of the Company, at a public offering price of $10.00 per ADS (or ADS equivalent) for gross proceeds of $3.0 million (the "Offering"), before deducting placement agent fees and offering expenses. Maxim Group LLC acted as the sole placement agent for the Offering.

Eco Wave Power Announces Closing of $3.0 Million Registered Direct Offering to Accelerate Commercial-Scale Wave Energy Deployment

TEL AVIV, Israel , Dec. 10, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 300,000 American Depositary Shares ("ADSs")(or ADS equivalents), each representing eight common shares of the Company, at a public offering price of $10.00 per ADS (or ADS equivalent) for gross proceeds of $3.0 million (the "Offering"), before deducting placement agent fees and offering expenses. Maxim Group LLC is acting as the sole placement agent for the Offering.

Eco Wave Power Announces Pricing of $3.0 Million Registered Direct Offering to Propel Commercial-Scale Wave Energy Deployment

The Wave Energy Project of Eco Wave Power and EDF Renewables IL Formally Opened by: Israel's Minister of Energy and Infrastructure, Eli Cohen, Minister of Environmental Protection Idit Silman, the Mayor of Tel Aviv-Jaffa Ron Huldai, Now Exporting Electricity to Israel's Power Grid. TEL AVIV, Israel , Dec. 9, 2024 /PRNewswire/ -- Eco Wave Power Global AB (Nasdaq: WAVE) ('Eco Wave Power' or the 'Company'), a leading provider of onshore wave energy technology, is pleased to announce that the Israeli Project was officially 'switched-on' by Israel's Minister of Energy and Infrastructure, Eli Cohen, the Minister of Environmental Protection, Idit Silman, and the Mayor of Tel Aviv-Jaffa, Ron Huldai, and is now exporting electricity into Israel's power grid.

Wave Energy Milestone: First Grid-Connected Array in the Middle East

Minister of Energy and Infrastructure, Mr. Eli Cohen, Minister of Environmental Protection, Mrs.

Eco Wave Power Set to Achieve a Significant Milestone Tomorrow with the Opening of Israel's First Wave Energy Project

TEL AVIV, Israel , Nov. 26, 2024 /PRNewswire/ -- Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading provider of onshore wave energy technology, is pleased to announce that Eco Wave Power and EDF Renewables IL, in collaboration with the Tel Aviv-Yafo Municipality and the municipal company Atarim, will inaugurate Israel's first pilot station for generating electricity from sea waves on Thursday, December 5, 2024, at Warehouse 2 in Jaffa Port. This groundbreaking global project combines innovation, sustainability, and the fight against climate change.

Wave of Innovation: Eco Wave Power Debuts Israel's First Wave Energy Project at Jaffa Port

Eco Wave Power Global AB (publ) (NASDAQ:WAVE ) Q3 2024 Earnings Conference Call November 25, 2024 9:00 AM ET Company Participants Aharon Yehuda - CFO Inna Braverman - CEO Conference Call Participants Operator Good morning, and welcome to the Eco Wave Power Third Quarter 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded.

Eco Wave Power Global AB (publ) (WAVE) Q3 2024 Earnings Call Transcript

STOCKHOLM , Nov. 21, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company, is pleased to report its financial results as of and for the nine months ended September 30, 2024, and provide a corporate update. Management Commentary Operations In the first nine months of 2024, Eco Wave Power achieved several significant milestones, demonstrating our commitment to growth and resilience.

Eco Wave Power Announces Q3 Results: Power Station Sale in Taiwan will Boost Q4 Revenues, 83% Energy Goal Reached in Israel, U.S. License Secured, and Shares Buyback Commenced by the Company

LOS ANGELES , Nov. 18, 2024 /PRNewswire/ -- Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading provider of onshore wave energy technology, is pleased to announce it has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its groundbreaking wave energy project at AltaSea's premises at the Port of Los Angeles. This milestone marks a significant step forward in the development of Eco Wave Power's pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States.

Eco Wave Power Receives Final Permit from U.S. Army Corps of Engineers for U.S. First Wave Energy Project, at Port of Los Angeles

Eco Wave Power Appoints Ran Atias as VP of Engineering - Atias Brings Vast Tech Leadership, Aiming to Drive Innovation and Accelerate Projects Delivery TEL AVIV, Israel , Nov. 4, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company announced today the appointment of Ran Atias as Vice President of Engineering for the Eco Wave Power Group. Mr. Atias will begin his employment immediately and will be based in Eco Wave Power's headquarters in Tel Aviv, Israel.

Eco Wave Power Strengthens Management - Appoints New Vice President of Engineering to Accelerate Execution of the Company's Projects in the USA, Taiwan and Portugal

Inna Braverman, Founder and CEO of Eco Wave Power arrived for an Official Visit of the Site, Where Eco Wave Power's technology will be Installed, as Part of the Agreement Entered into Between the Parties Earlier this Month TAIPEI, Taiwan , Oct. 10, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company, announced today that following the signing of the agreement for the sale of the first wave energy generation unit to I-Ke International Ocean Energy Co. ("I-Ke"), a subsidiary of Lian Tat Company ("Lian Tat"), a leading maritime engineering company, the Chief Executive Officer of Eco Wave Power, Ms. Inna Braverman arrived for an official site visit to the planned installation site for Eco Wave Power's technology on the east coast of Taiwan.

Following the Signing of the Power Station Sale Agreement with Lian Tat, Eco Wave Power's CEO Arrives for an Official Site Visit on the East Coast of Taiwan

The Project is Expected to Commence with a Landmark 100KW Pilot Project, and Gradually Expand to 20MW, Followed by an Ambitious Target of 400MW of Commercial Capacity on the Taiwanese Coastline. TEL AVIV, Israel , Oct. 7, 2024 /PRNewswire/ --  Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company announced today that it signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy Co. ("I-Ke"), a subsidiary of Lian Tat Company ("Lian Tat"), a leading maritime engineering company, with the purpose of bringing Eco Wave Power's wave energy technology to Taiwan.

Eco Wave Power Signs a Wave Energy Power Station Sale Agreement with Taiwanese Lian Tat for its First Onshore Wave Energy Project in Asia

Eco Wave Power Global AB (publ) (NASDAQ:WAVE ) Q2 2024 Earnings Conference Call September 3, 2024 5:00 PM ET Company Participants Aharon Yehuda - Chief Financial Officer Inna Braverman - Chief Executive Officer Operator Greetings, welcome to the Eco Wave Power Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.

Eco Wave Power Global AB (publ) (WAVE) Q2 2024 Earnings Call Transcript

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The Company also Announced its Support for the Marine Energy Technologies Acceleration Act, federal legislation in the U.S. that would invest $1 billion to advance marine energy toward full scale commercialization. STOCKHOLM , Aug. 29, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company that has developed a patented, smart, and cost-efficient technology for turning ocean and sea waves into green electricity, is pleased to report its financial results as of and for the six months ended June 30, 2024 and provide a corporate update.

Eco Wave Power Announces H1 Results; Unveils Data from its Grid-Connected Project That Won the EDF Pulse Award, Kicks-Off Portugal Project, and Announces Green Light for its Shares Repurchase Program

STOCKHOLM , Aug. 8, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy company, is pleased to announce that following its official request, submitted to the Swedish Financial Supervisory Authority (the "SFSA") on the 21st of December, 2023, for authorization for the repurchase of American Depositary Shares (the "ADS") representing up to 10 percent of the total number of shares in the Company, the SFSA responded that in its opinion, the ADS are not considered equivalent to shares in accordance with Chapter 19 of the Swedish Companies Act. As a result, the Company should be able to repurchase ADSs, in accordance with Swedish law.

Eco Wave Power Receives Green Light for the Repurchase of its American Depositary Shares

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Project is Built as Part of a 20 MW Concession Agreement and Will Feature a First of its Kind Underwater Wave Energy Museum PORTO, Portugal , Aug. 5, 2024 /PRNewswire/ --  Eco Wave Power  Global AB (publ) (NASDAQ Capital Market: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly-traded onshore wave energy technology company, is pleased to announce that Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, and Eco Wave Power's engineering team, have arrived for a meeting and an official site-visit with APDL (Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A) , and other relevant stakeholders for the official kickoff of the Company's first MW-scale wave energy project, to be located in the city of Porto, in Portugal. Following the meeting with APDL, Eco Wave Power's engineering team held a site visit to the breakwater and the room underneath the breakwater ("The Gallery"), where Eco Wave Power's energy conversion equipment will be installed, and later opened to the public, as a first of its kind wave energy museum and education center.

Eco Wave Power Officially Kicks Off the First MW Scale Wave Energy Project in Portugal

Congresswomen Barragán and Bonamici Introduce Historic Wave Energy Legislation to Jumpstart Marine Energy as a Clean Energy Solution WASHINGTON, Aug. 1, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ Capital Market: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy developer, applauds Representatives Nanette Barragán (CA-44) and Suzanne Bonamici (OR-01) for the introduction of the  Marine Energy Technologies Acceleration Act, legislation that would invest $1 billion to advance marine energy toward full scale commercialization. Marine energy harnesses the power from waves, tides, currents, and other water-based resources to generate a clean energy resource that can provide reliable 24/7 clean power to communities.

New Federal Legislation to Invest $1 billion to Advance Marine Energy Toward Full Scale Commercialization

EDF's Annual Competition Highlights Companies Offering Effective Innovations to Reach Carbon Neutrality Faster PARIS , July 16, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ Capital Market: WAVE), a leading, publicly-traded onshore wave energy developer, is pleased to announce that it has been selected as a finalist for the 2024 EDF Pulse Awards 10th edition, competing in the category of developing a profitable decentralized energy system. Eco Wave Power developed an innovative, patented, cost-efficient technology for generation of clean electricity from ocean and sea waves, and was chosen as one of 13 finalists (out of 144 entrants) for this year's award, for its innovation in meeting the growing need for energy self-sufficiency at various scales.

Eco Wave Power Named Finalist in the EDF Pulse Awards

NEW YORK , June 3, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (NASDAQ: WAVE), a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, announced today that it will be participating in the Spring MicroCap Rodeo Conference that will be held on Thursday, June 6 th, 2024, in NYC. Inna Braverman, Founder and CEO, will be attending the conference and discussing: Eco Wave Power's operational project results Eco Wave Power's upcoming projects in the Port of Los Angeles and in Portugal New Strategic partnerships and revenue streams for the company.

Eco Wave Power to Present at the Spring MicroCap Rodeo Conference in New York

STOCKHOLM , May 29, 2024 /PRNewswire/ -- The shareholders of Eco Wave Power Global AB (publ) (Nasdaq: WAVE), reg. no. 559202-9499 (the "Company" or "EcoWave"), are hereby given notice to attend the annual general meeting at 10:00 a.m.

Notice to attend the Annual General Meeting of Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ) (NASDAQ:WAVE ) Q1 2024 Earnings Call Transcript May 17, 2024 9:00 AM ET Company Participants Aharon Yehuda - Chief Financial Officer Inna Braverman - Chief Executive Officer Operator Greetings. Welcome to the Eco Wave Power's First Quarter 2024 Earnings Conference Call.

Eco Wave Power Global AB (publ) (WAVE) Q1 2024 Earnings Call Transcript

STOCKHOLM , May 16, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company, that developed a patented, smart, and cost-efficient technology for turning ocean and sea waves into green electricity, is pleased to report its financial results as of and for the three months ended March 31, 2024 and provide a corporate update. Management Commentary During the first quarter of 2024, Eco Wave Power continued to demonstrate resilience by decreasing its operating expenses by 3.5% compared to the first quarter of 2023, ending the quarter with $7.96 million in cash and in short term bank deposits.

Eco Wave Power Announces Q1 Financial Results; Progress with Projects in Israel, United States and Portugal, While Continuing to Present Decrease in Operating Expenses and Plans to Enhance Cash Flow

News for Eco Wave Power Global AB Stock (WAVE)