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Eco Wave Power
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Short description

Developer of hydrokinetic energy harvesting devices

Founded in 2011
Founded in

Company type Public Public (WAVE)
Company type

Industry Group energy & power

Sector hydro & marine

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Israel Tel Aviv, Israel
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Updated by Cleantech Group on 03/20/2024

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Date Company
06/10/2014

Government of Gibraltar Government of Gibraltar

The Government of signed a power purchase agreement (PPA) for the provision of renewable wave energy from Eco Wave Power. The deal involves an initial 0.5MW energy device with a further expansion up to 5MW if the project is successful.

Confirmed by Government of Gibraltar

Partnerships
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Date Partner Type
02/08/2024
Hitachi Energy Hitachi Energy
Eco Wave Power Toshiba, Hitachi Energy partner to support wave powered micro grid for island in Thailand
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Confirmed by Hitachi Energy
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IPO INFORMATION

Date

07/01/2021

IPO status

Listed

IPO Type

IPO

Amount

Initial shares

9200000

Ticker symbol

WAVE

Exchange listed

NASDAQ

Prospectus URL

Prospectus

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Description

Following its 2019 listing on the Nasdaq First North stock exchange, Eco Wave Power has now listed on the NASDAQ US.

Date Investors Type Amount
02/08/2024 Innovate UK Innovate UK (1)
Post-money valuation of
A consortium including Toshiba and iHtachi Energy, and UK Universities Secure £1.5 Million Grant to Develop Wave-Powered Microgrid for Island in Thailand
Grant $1,900,000
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