Eco Wave Power Featured in NVIDIA CEO Jensen Huang's GTC Keynote Video Highlighting the Role of Renewable Energy in the AI Era

Rhea-AI Summary

Eco Wave Power (NASDAQ: WAVE) announced its wave energy technology was featured in NVIDIA CEO Jensen Huang's GTC keynote on March 17, 2026.

The segment showcased a digital twin demonstration linking AI-driven simulation to wave energy's potential to supply reliable, coastal renewable electricity for data centers and other high-demand infrastructure.

News Market Reaction – WAVE

+14.02% 2.1x vol

7 alerts

+14.02% Session close to close

+13.6% Peak Tracked

-6.9% Trough Tracked

$41.42M Market Cap

2.1x Rel. Volume

In the Mar 17 session, WAVE gained 14.02%, reflecting a significant positive market reaction. Argus tracked a peak move of +13.6% during that session. Argus tracked a trough of -6.9% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. Trading volume was elevated at 2.1x the daily average, suggesting notable buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +14.0% in the session following this news. A strong positive reaction aligns with t...

Analysis

The stock surged +14.0% in the session following this news. A strong positive reaction aligns with the company’s pattern of responding well to validation events, such as national lab recognition and robust pilot output. Being featured in NVIDIA’s GTC keynote connects Eco Wave Power’s technology to AI-driven infrastructure, which may have reinforced the story of scaling demand for clean power. Investors watching such moves often weigh execution risk, funding needs, and whether prior news-driven gains above 3% tended to sustain or fade.

Key Figures

Data center power share: 2–3% of global electricity Projection year: 2030

2 metrics

Data center power share 2–3% of global electricity Current estimated share consumed by data centers

Projection year 2030 Projections suggest data center share could double or triple by this year

Historical Context

5 past events · Latest: Mar 12 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 12	Annual report & ops	Neutral	-9.5%	2025 Form 20-F filed with higher opex, cash balance, and multi-region project updates.
Mar 04	Production update	Positive	+3.9%	Record February production at Jaffa Port pilot with ~2,000 kWh and peak 56.7 kW.
Feb 19	DOE lab highlight	Positive	+3.4%	U.S. DOE national lab report spotlighted coastal structure-integrated wave energy advantages.
Feb 17	Feasibility study	Positive	-0.6%	Feasibility study showed about 8.3 MW potential at South Africa’s Port of Ngqura.
Feb 12	Production update	Positive	+1.3%	January Jaffa Port pilot generated more than 2,300 kWh over ~11 days with zero downtime.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has mostly been operationally positive, with three instances where favorable updates aligned with price gains and two cases of positive or mixed news followed by modest selloffs.

Recent Company History

Over the last month, Eco Wave Power has reported steady operational progress and growing third-party validation. January and February 2026 Jaffa Port production updates highlighted >2,300 kWh and ~2,000 kWh of generation with zero downtime, while a feasibility study in South Africa indicated about 8.3 MW potential capacity. A U.S. DOE national lab report emphasized coastal structure-integrated wave energy. The March 12 20-F and operational update showed higher 2025 operating expenses but also expanding pilots and grants. Today’s AI-focused NVIDIA GTC feature fits into this narrative of credibility-building and commercialization efforts.

Key Terms

digital twin, artificial intelligence, graphics processing units (GPUs), predictive maintenance, +1 more

5 terms

digital twin technical

"a video and digital twin representation of Eco Wave Power's technology illustrated how"

A digital twin is a live virtual replica of a physical asset, process, or system that mirrors real-world behavior using data and models so users can test changes, predict problems, and measure performance without touching the real thing. For investors, digital twins matter because they can lower maintenance costs, speed product development, improve uptime and reliability, and make future cash flows and risks easier to forecast — like using a flight simulator to safely train and tune a real airplane.

artificial intelligence technical

"one of the world's most influential conferences focused on artificial intelligence and accelerated computing"

Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.

graphics processing units (GPUs) technical

"to power advanced computing systems, graphics processing units (GPUs), and cooling infrastructure"

Graphics processing units (GPUs) are specialized computer chips designed to perform many simple calculations at the same time, originally built to render images and video quickly — think of them as a team of painters each working on a small section of a large mural. Investors care because that same parallel-processing power is used for artificial intelligence, data centers, scientific simulations and other high-growth applications, driving strong demand, pricing power and outsized effects on company revenue and margins.

predictive maintenance technical

"enabling improved simulation, performance optimization, and predictive maintenance of energy infrastructure"

Predictive maintenance involves using data and technology to monitor equipment or machinery in real time, identifying potential problems before they cause failures or breakdowns. By predicting when maintenance is needed, it helps prevent costly repairs and downtime. For investors, it highlights how companies can reduce expenses, improve efficiency, and maintain reliable operations, which can positively impact financial performance.

data centers technical

"Data centers currently consume approximately 2-3% of global electricity"

Large facilities that house rows of computer servers, storage devices, and networking equipment that store, process and move digital information for websites, cloud services and companies. Like a warehouse filled with powerful computers instead of boxes, they keep online services running around the clock. Investors care because demand, location, energy use and reliability drive revenue, costs, growth prospects and regulatory or operational risks for businesses that own or lease them.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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San Jose, California--(Newsfile Corp. - March 17, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, today announced that its wave energy technology was featured in a video presented during the keynote address of Jensen Huang, CEO of NVIDIA, at NVIDIA GTC, one of the world's most influential conferences focused on artificial intelligence and accelerated computing.

Digital twin illustration of Eco Wave Power's technology, as presented in GTC by Nvidia CEO, Jensen Huang

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11247/288809_9fe80fd774e83b33_001full.jpg

During the keynote presentation, a video and digital twin representation of Eco Wave Power's technology illustrated how ocean waves can be harnessed as a reliable and sustainable source of electricity. The digital twin demonstration highlighted how innovative companies are increasingly using AI-driven modeling and simulation technologies to improve the design, monitoring, and optimization of physical infrastructure.

The inclusion of Eco Wave Power's technology in the keynote reflects the growing intersection between artificial intelligence, digital twin technologies, and next-generation renewable energy systems. As the rapid expansion of AI and high-performance computing continues to drive unprecedented global demand for electricity, advanced AI tools are also playing an increasingly important role in improving energy technologies and accelerating their path toward commercialization.

Full video segment of Eco Wave Power's technology, as seen during Jensen Huang keynote during GTC

Cannot view this video? Visit:
https://www.youtube.com/watch?v=1GKgBM7T8u8

Data centers currently consume approximately 2-3% of global electricity, and with the continued expansion of artificial intelligence infrastructure, projections suggest that this share could double or even triple by 2030, creating increased demand for diversified renewable energy sources capable of supporting the next generation of digital infrastructure.

Artificial intelligence data centers require significant and continuous energy supply to power advanced computing systems, graphics processing units (GPUs), and cooling infrastructure. As AI deployment scales globally, energy providers and technology companies are increasingly exploring diversified renewable energy solutions capable of supporting the energy needs of large-scale computing infrastructure while reducing carbon emissions.

Wave energy offers several characteristics that make it particularly relevant for future energy systems supporting AI infrastructure. Ocean waves provide predictable and consistent energy production, particularly in coastal regions where many major population centers, ports, and digital infrastructure hubs are located. In addition, Eco Wave Power's technology is designed to be installed on existing marine structures such as breakwaters, piers, and ports, enabling electricity generation without seabed anchoring, offshore construction, or complex marine operations.

Eco Wave Power installation in Israel, as presented by Nvidia at GTC

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11247/288809_9fe80fd774e83b33_002full.jpg

The use of AI-enabled digital twin technologies can further support the advancement of wave energy systems by enabling improved simulation, performance optimization, and predictive maintenance of energy infrastructure.

Jensen Huang, CEO of Nvidia during the keynote at GTC

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11247/288809_9fe80fd774e83b33_003full.jpg

Inna Braverman, Founder and CEO of Eco Wave Power, commented:
"We are honored that Eco Wave Power's technology was featured during the GTC keynote presentation. The growing use of artificial intelligence and digital twin technologies is transforming how energy infrastructure is designed and optimized. As AI continues to expand globally, the demand for reliable and sustainable energy sources is accelerating, and wave energy represents an important opportunity to generate clean electricity from existing coastal infrastructure."

Eco Wave Power believes that integrating wave energy into the renewable energy mix can contribute to providing stable and diversified clean energy sources capable of supporting the growing electricity demand driven by artificial intelligence, cloud computing, and large-scale data processing.

The Company continues to advance wave energy projects worldwide, including operational installations and projects under development in Israel, the United States, Portugal, Taiwan, and India, supporting the global transition toward clean and sustainable energy.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global (NASDAQ: WAVE) is a leading onshore wave energy company that converts ocean and sea waves into clean, reliable, and cost-efficient electricity using its patented and intelligent technology. By generating renewable power directly from existing coastal infrastructure such as breakwaters, jetties, and piers, Eco Wave Power enables sustainable electricity production in close proximity to coastal cities, ports, and energy-intensive infrastructure.

As global electricity demand continues to rise with the growth of artificial intelligence, digital infrastructure, and next-generation data centers - often referred to as "AI factories" - Eco Wave Power's technology is designed to help provide renewable energy near shorelines where many data centers, industrial facilities, and population centers are located.

With a mission to accelerate the global transition to renewable energy while supporting the next generation of digital and industrial infrastructure, Eco Wave Power developed and operates Israel's first grid-connected wave energy power station, recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and co-funded by EDF Power Solutions. In the United States, the Company recently launched the first-ever onshore wave energy pilot station at the Port of Los Angeles, in collaboration with Shell Marine Renewable Energy.

Eco Wave Power is expanding globally with projects planned in Portugal, Taiwan, and India, representing a project pipeline of 404.7 MW. The Company has received international recognition and support from organizations including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program, and was honored with the United Nations Global Climate Action Award.

Eco Wave Power's American Depositary Shares (ADSs) are traded on the Nasdaq Capital Market under the ticker symbol "WAVE."

For more information, please visit:
www.ecowavepower.com

Press inquiries:
info@ecowavepower.com

Note: Information available on or through the websites mentioned herein does not form part of this press release.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and other Federal securities laws. For example, the Company is using forward-looking statements in this press release when it discusses that data centers currently consume approximately 2-3% of global electricity, and with the continued expansion of artificial intelligence infrastructure, projections suggest that this share could double or even triple by 2030, and the expectation that the use of AI-enabled digital twin technologies can further support the advancement of wave energy systems by enabling improved simulation, performance optimization, and predictive maintenance of energy infrastructure. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will", or variations of such words, and similar references to future periods. These forward-looking statements and their implications are neither historical facts nor assurances of future performance and are based on the current expectations of the management of Eco Wave Power and are subject to a number of factors, uncertainties and changes in circumstances that are difficult to predict and may be outside of Eco Wave Power's control that could cause actual results to differ materially from those described in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Except as otherwise required by law, Eco Wave Power undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave Power is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the fiscal year ended December 31, 2025 filed with the SEC on March 12, 2026, which is available on the on the SEC's website, www.sec.gov, and other documents filed or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date hereof. References and links to websites have been provided as a convenience and the information contained on such websites is not incorporated by reference into this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288809

FAQ

What did Eco Wave Power (WAVE) announce on March 17, 2026 regarding NVIDIA GTC?

Eco Wave Power said its wave energy technology was featured in Jensen Huang's GTC keynote on March 17, 2026. According to the company, the segment used a digital twin to illustrate AI-enabled modeling and optimization of wave energy systems for power generation.

How could the NVIDIA GTC feature affect Eco Wave Power (WAVE) visibility and partnerships?

The GTC feature likely raises Eco Wave Power's industry visibility among AI and tech audiences. According to the company, the inclusion highlights intersections between AI-driven simulation and renewable energy, potentially attracting technology partners and pilot opportunities.

Does Eco Wave Power (WAVE) claim wave energy can support AI data centers?

Yes, Eco Wave Power says wave energy can contribute to supplying predictable coastal power for AI infrastructure. According to the company, wave systems offer consistent production and can be installed on existing marine structures near ports and data hubs.

Where does Eco Wave Power (WAVE) say it is advancing projects after the GTC feature?

Eco Wave Power reported ongoing projects and installations in Israel, the United States, Portugal, Taiwan, and India. According to the company, these operational and development sites support its global clean-energy deployment efforts.

What did the digital twin demonstration shown at NVIDIA GTC illustrate about WAVE technology?

The digital twin showcased AI-driven modeling, simulation, and optimization applied to wave energy devices. According to the company, the demo emphasized improved design, monitoring, and predictive maintenance capabilities for marine energy infrastructure.