Welcome to our dedicated page for Eco Wave Power Global Ab (Publ) news (Ticker: WAVE), a resource for investors and traders seeking the latest updates and insights on Eco Wave Power Global Ab (Publ) stock.
Eco Wave Power Global AB (publ) develops onshore wave energy technology that converts ocean and sea waves into electricity using proprietary floaters installed on existing coastal infrastructure such as breakwaters, jetties and piers. News about WAVE commonly covers production results from the EWP-EDF One project at Jaffa Port, Israel, technology updates, financial results and corporate presentations by the foreign issuer.
Recurring updates also address the completed wave energy pilot at the Port of Los Angeles in collaboration with Shell Marine Renewable Energy, project-development activity in international markets, and the company's positioning of wave power alongside AI-driven energy infrastructure and digital modeling applications.
Eco Wave Power (NASDAQ: WAVE) welcomed a new joint initiative by Israel's Ministry of Energy and Infrastructure and the Israel Innovation Authority to invest NIS 6 million (about $2 million) in next-generation Blue-Tech marine energy technologies, including wave energy and AI-based marine energy management.
Eco Wave Power operates Israel's first and, to date, only grid-connected wave energy power station at Jaffa Port, exporting electricity under a Power Purchase Agreement and recognized as a “Pioneering Technology” by the Ministry of Energy’s Chief Scientist. The company reports zero downtime at the Jaffa station since early 2025 and continued integration of artificial intelligence and digital twin technologies. Eco Wave Power also highlighted its inclusion in California’s Final SB 605 Consultant Report, which referenced its Port of Los Angeles pilot as part of the state’s marine renewable energy assessment.
Eco Wave Power (NASDAQ: WAVE) announced that its Port of Los Angeles wave energy pilot is specifically cited in California’s Final SB 605 Consultant Report on sea space analysis for wave and tidal energy, prepared for the California Energy Commission and published in July 2025.
The report, completing SB 605 Phase 2, uses Eco Wave Power’s AltaSea installation as an example of existing marine energy development and potential future deployment opportunities. Eco Wave Power notes that its onshore, infrastructure-based technology aligns with California’s goals to minimize environmental impacts and permitting complexity as the state evaluates pathways for marine energy commercialization.
Eco Wave Power (NASDAQ: WAVE) closed a $4.0 million registered direct offering with a single strategic institutional investor on June 26, 2026. The company issued 400,000 ADSs at $10.00, a 10.7% premium to the prior Nasdaq close, plus 300,000 warrants priced at a 32.9% premium.
Eco Wave Power plans to use net proceeds to advance its global wave energy project pipeline and expand AI-driven capabilities, including digital twins, positioning wave energy as a renewable energy layer for AI infrastructure.
Eco Wave Power (NASDAQ: WAVE) priced a $4.0 million registered direct offering of 400,000 ADSs at $10.00 per ADS, a 10.7% premium to the last Nasdaq close. The investor also receives 300,000 warrants at $12.00, a 32.9% premium, exercisable immediately for three years.
According to Eco Wave Power, net proceeds will support global commercial wave energy deployment and its role as an energy layer for AI infrastructure. Closing is expected on or about June 26, 2026, subject to customary conditions.
Eco Wave Power (NASDAQ:WAVE) announced that NVIDIA featured its AI-powered wave energy technology in a new corporate blog titled “Eco Wave Power Turns Waves Into Watts With NVIDIA AI Infrastructure and Digital Twins.”
The article highlights use of NVIDIA AI, Omniverse digital twins, and pilots including a wave-powered data center project at the Port of Los Angeles.
Eco Wave Power (NASDAQ:WAVE) is featured in an NVIDIA corporate blog for using NVIDIA AI infrastructure and digital twins to convert ocean waves into electricity via floaters attached to existing marine structures.
The company operates projects in Israel and Los Angeles and is developing sites in Portugal, Taiwan and India, including a pilot to power a coastal data center solely with wave energy.
Eco Wave Power (NASDAQ:WAVE) is highlighted by NVIDIA for using NVIDIA AI infrastructure and digital twins to convert ocean waves into clean electricity via floaters attached to existing marine structures. Key focuses include AI-driven optimization, Omniverse-based simulations, and pilots powering coastal data centers.
The company operates projects in Jaffa Port and the Port of Los Angeles and is developing new sites in Portugal, Taiwan and India, aiming to align wave energy with growing AI and data center power needs.
Eco Wave Power (NASDAQ: WAVE) will present at Planet MicroCap Las Vegas 2026 powered by MicroCapClub on June 17, 2026, at the Bellagio Resort & Casino.
Founder and CEO Inna Braverman will discuss the company’s global wave energy projects, commercialization strategy, and links between AI-driven electricity demand and renewable infrastructure.
Eco Wave Power (NASDAQ: WAVE) is advancing discussions with Florida Atlantic University and the University of Michigan on AI-powered wave energy applications, its WaveGPT platform, and concepts for wave-powered coastal data center infrastructure to support growing AI electricity and cooling needs.
The initiative includes a TEAMER application with FAU for data-driven operational intelligence and a potential collaborative grant to design AI-optimized, wave-powered coastal data centers using digital twins, energy storage, and intelligent workload management.
Eco Wave Power (NASDAQ: WAVE) will participate in Maxim Group's virtual AI Data Center Summit on June 11, 2026. CEO Inna Braverman will join a 9:00 a.m. ET fireside chat on wave energy, commercialization, and its role in powering AI and data centers.
The company will also present at Planet MicroCap Las Vegas 2026 on June 17, 2026, highlighting its expanding global project portfolio and wave energy's potential to support growing electricity demand from AI and digital infrastructure.