Eco Wave Power Global AB (publ)

NASDAQ:WAVE

Eco Wave Power Global AB (publ)

Investor Relations

Eco Wave Power Global AB develops equipment that turns ocean and sea waves into electricity. Its main product is a wave-energy system that uses floating devices attached to existing coastal structures, such as piers, breakwaters, and jetties, to capture wave motion and convert it into power. The company is trying to make wave energy easier to install than large offshore platforms, because it can be tied to structures that already exist near shore. The company sells and licenses its technology to project developers, utilities, ports, and governments that want clean power from coastal locations. Its revenue comes from engineering services, technology licensing, project development work, and related agreements tied to deploying its wave-energy systems. In practice, Eco Wave Power sits between the inventor of the technology and the companies or public entities that want to build and run wave-power projects. What makes this business different is that it focuses on a specific renewable resource, wave motion, instead of solar or wind. That gives it a niche role in the clean-energy supply chain: it provides the hardware and know-how needed to turn ocean movement into usable electricity, especially where shoreline infrastructure can support the system.