Annonce • Apr 01
Eco Wave Power Global AB (publ) Announces Completion Of Wave Energy Pilot Program At Port Of Los Angeles Eco Wave Power Global AB (publ) has announced the successful completion of its wave energy pilot program at the Port of Los Angeles, conducted in collaboration with Shell International Exploration and Production Inc. The Company has submitted the final project completion report to Shell, confirming that all milestones under the 2024 Pilot Test Agreement have been successfully achieved. Full pilot lifecycle completed — from feasibility to real-world operation. System successfully operated under real marine conditions. Total pilot CapEx below $1 million. Fully permitted project with no significant environmental impact. Demonstrated deployment on existing coastal infrastructure (no seabed anchoring or offshore construction required). The successful execution of the pilot marks a significant step toward the commercialization of Eco Wave Power's onshore wave energy technology, which is designed to deliver cost-efficient, reliable renewable energy from existing coastal infrastructure. The project also validates a key industry advantage: the ability to deploy wave energy systems without the complexity and cost associated with offshore installations. Eco Wave Power's technology was recently featured in a digital twin demonstration during the keynote presentation of NVIDIA CEO Jensen Huang at the NVIDIA GTC conference, highlighting the growing intersection between renewable energy infrastructure and artificial intelligence. As global electricity demand accelerates—driven in part by AI, data centers, and digital infrastructure—Eco Wave Power's nearshore energy generation model offers a strategic solution for powering coastal 'AI factories' and energy-intensive infrastructure. The collaboration between Eco Wave Power and Shell began with a large-scale feasibility study identifying 77 potential U.S. coastal sites suitable for wave energy deployment. This pilot project represents the successful transition from feasibility analysis to real-world implementation, reinforcing Eco Wave Power's ability to execute projects with leading global energy companies. The Port of Los Angeles installation now serves as a reference project for future commercial deployments. Eco Wave Power believes this milestone establishes: A technical proof of concept. A regulatory pathway. A commercial foundation for scaling wave energy globally. The site will continue operating as a demonstration and educational facility for policymakers, industry stakeholders, and potential partners. Annonce • Feb 13
Eco Wave Power Global AB (publ) Provides Update on Wave Energy Production at its EWP-EDF One Wave Energy Pilot Project at Jaffa Port, Israel Eco Wave Power Global AB (publ) provided an update on wave energy production at its EWP-EDF One wave energy pilot project at Jaffa Port, Israel, during January 2026. During January 2026, the EWP-EDF One system continued to demonstrate stable and reliable operation under real-world sea conditions. Over approximately 11 days characterized by wave heights ranging between 1 and 2 meters, the project generated more than 2,300 kWh of clean, renewable electricity. Since the beginning of 2025, the E WP-EDF One system at Jaffa Port has maintained zero downtime, with consistent performance recorded in wave conditions of 1 meter and above. The January 2026 results further validate the system's operational robustness and its ability to deliver reliable energy generation during moderate wave conditions. The EWP-EDF One project at Jaffa Port is a pilot-scale demonstration array, consisting of a limited number of small-scale floaters. The project is designed primarily to validate continuous operation, system durability, and real-world energy production performance, while generating high-quality operational data to support future commercial-scale deployments. Performance data collected during January 2026 further supports the scalability of Eco Wave Power's proprietary technology. Future commercial projects are planned to utilize significantly larger floaters and a substantially greater number of units. These configurations are expected to materially enhance energy capture, improve capacity factors, and deliver a more powerful and stable production profile compared to pilot-scale installations. Eco Wave Power continues to advance wave energy as a predictable and complementary renewable energy source in suitable coastal environments, while systematically optimizing system design based on real-world operational experience. In parallel with its activities in Israel, Eco Wave Power is expanding its global presence. In September 2025, the Company successfully launched its wave energy project at AltaSea in the Port of Los Angeles in collaboration with Shell Marine Renewable Energy, following the receipt of all required regulatory approvals, including a federal license from the U.S. Army Corps of Engineers. The Company is also progressing projects in Taiwan, in collaboration with I-KE; in India, in collaboration with Fortune 500 Bharat Petroleum; and in Portugal, where preparations are underway for Eco Wave Power's largest installation to date. "January's production production production at Jaffa Port is expected to be in the Port of Los Angeles, following the receipt of all necessary regulatory approvals, including a regulatory license from the U.S., Army Corps of Engineers. Annonce • Jan 17
Eco Wave Power Global AB (Publ) Announces Key Progress in the Development of Its 1 MW Wave Energy Project in Porto, Portugal Eco Wave Power Global AB (publ) announced key progress in the development of its 1 MW wave energy project in Porto, Portugal, including the completion of a wave and loads assessment conducted in co-operation with MetOcean Consult and the submission of the full execution plan to Administration o dos Portos do Douro, Leix es e Viana do Castelo, S.A. (APDL). To support engineering and design optimization for the Porto project - the first megawatt-scale implementation under the Company's 20 MW concession agreement with APDL - Eco Wave Power retained the services of MetOcean Consult, a Netherlands-based consultancy specializing in independent metocean analysis, environmental data services, and numerical wave- and flow modeling for offshore, coastal, and port developments. MetOcean Consult's assessment for the Barra do Douro breakwater generated important data and confirmed the favorable wave climate and wave-induced loading conditions for Eco Wave Power's new generation of floaters. With the completion of the internal engineering reviews, Eco Wave Power submitted its full execution plan to APDL on January 8, 2026, marking a key transition from the planning phase toward the construction phase of the 1 MW project. The Company expects to engage further with APDL in the coming weeks to finalize schedules and advance the project toward on-site execution. The planned 1 MW wave energy station in the City of Porto has already achieved important development milestones, including the payment of the first installment, representing 50% of the grid connection fee, and formal acceptance of the grid connection conditions with E-REDES, which is expected to be completed in the second quarter of 2026. Annonce • May 29
Eco Wave Power Global AB (publ), Annual General Meeting, Jun 30, 2025 Eco Wave Power Global AB (publ), Annual General Meeting, Jun 30, 2025, at 10:00 W. Europe Standard Time. Location: setterwalls advokatbyras offices, sturegatan 10, stockholm, Sweden New Risk • May 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 40% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Revenue is less than US$1m (US$168k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$3.3m net loss next year). Market cap is less than US$100m (€34.0m market cap, or US$37.9m). Reported Earnings • Mar 05
Full year 2024 earnings released: US$0.37 loss per share (vs US$0.31 loss in FY 2023) Full year 2024 results: US$0.37 loss per share (further deteriorated from US$0.31 loss in FY 2023). Net loss: US$2.08m (loss widened 22% from FY 2023). Revenue is forecast to grow 112% p.a. on average during the next 2 years, compared to a 7.6% decline forecast for the Renewable Energy industry in Germany. Annonce • Jan 13
Eco Wave Power Global AB (publ) Announces its Wave Energy System at Jaffa Port Demonstrates Reliability with 24/7 Power Production Eco Wave Power Global AB (publ) announced that its EWP-EDF One wave energy project at Jaffa Port, Israel, successfully operated around the clock during the last week of December 2024, with an average wave height of 1.6 meters and peak production of 26KW. This milestone underscores the potential of wave energy as a reliable and sustainable source of renewable power. In addition, the project was subject to conditions classified as stormy and operated without damages, demonstrating the robustness and reliability of Eco Wave Power’s innovative technology. Eco Wave Power’s pioneering technology proved its ability to deliver continuous, round-the-clock energy, marking a significant achievement for the industry. This breakthrough is a testament to the capability of wave energy to provide a dependable energy source in suitable locations. Moreover, this milestone reinforces the significant role that wave energy can play in the future of renewable power generation. Wave energy offers a predictable, non-intermittent power source, which in many cases, can operate reliably around the clock, especially in coastal areas where waves are more consistent, offering a strong advantage over other intermittent energy sources. Eco Wave Power’s achievement at Jaffa Port highlights the Company’s ongoing commitment to demonstrating the scalability and reliability of wave energy. The project has now successfully produced clean, renewable energy without interruption, even under challenging weather conditions. In addition to the Jaffa Port project, Eco Wave Power is also making significant strides with its global expansion. The Company is preparing for the launch of its wave energy project at AltaSea in the Port of Los Angeles (in collaboration with Shell MRE), which recently secured a federal license from the U.S. Army Corps of Engineers. The Los Angeles project, expected to begin operations by the end of First Quarter 2025, follows the progress of Eco Wave Power’s projects in Taiwan and Portugal. In Taiwan, the Company is advancing a key project in collaboration with I-KE, and in Portugal, Eco Wave Power is progressing with its plans to deploy its proprietary wave energy technology in one of Europe’s most dynamic marine environments. Eco Wave Power’s innovative wave energy systems are designed to be efficient and scalable, offering a sustainable alternative to traditional energy generation methods. With ongoing projects across the globe, Eco Wave Power is continuing to expand its operations and prove that ocean waves can play a critical role in powering a sustainable future. Annonce • Dec 12
Eco Wave Power Global AB (publ) has filed a Follow-on Equity Offering in the amount of $3 million. Eco Wave Power Global AB (publ) has filed a Follow-on Equity Offering in the amount of $3 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 300,000
Price\Range: $10
Transaction Features: Registered Direct Offering Annonce • May 31
Eco Wave Power Global AB (publ), Annual General Meeting, Jun 27, 2024 Eco Wave Power Global AB (publ), Annual General Meeting, Jun 27, 2024. Location: setterwalls advokatbyras, sturegatan 10, stockholm, sweden United States Annonce • Dec 05
Eco Wave Power Global AB (publ) to Report Q3, 2023 Results on Dec 05, 2023 Eco Wave Power Global AB (publ) announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Dec 05, 2023 Annonce • Jul 12
Eco Wave Power's Jaffa Port Wave Energy Station Receives Final Grant Funding from Israeli Ministry of Energy, Marking the Official Completion of the Project Eco Wave Power Global AB (publ) announced that its landmark EWP-EDF One wave energy power station in the Port of Jaffa, Israel, has received the final grant funding from the Israeli Ministry of Energy, marking the official completion of the project. The wave energy project, executed in collaboration with EDF Renewables IL, and with co-funding from the Israeli Ministry of Energy, which recognized the Eco Wave Power’s technology as a “Pioneering Technology”, is set to be Israel’s first onshore wave energy power station, officially connected to the national electrical grid. The EWP-EDF One power station has an installed capacity of 100 KW and is made up of 10 floaters along the Port of Jaffa’s pre-existing breakwater. Each floater connects to Eco Wave Power’s patented energy conversion unit, which is located on land, enabling easy access for operation and maintenance. The next step is to officially connect the EWP-EDF One power station to Israel’s energy grid. The Company is waiting for the last technical approval from the Israeli Electric Company, and anticipates an official “plugging in” ceremony in the coming months. New Risk • Jun 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.16m (US$8.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€8.16m market cap, or US$8.88m). Annonce • Jun 01
Eco Wave Power Global AB (publ), Annual General Meeting, Jun 30, 2023 Eco Wave Power Global AB (publ), Annual General Meeting, Jun 30, 2023, at 10:00 Central European Standard Time. Location: Setterwalls Advokatbyr 's offices at address Sturegatan 10 in Stockholm Stockholm Sweden Agenda: To consider determination of whether the meeting has been duly convened; to consider submission of the 2022 annual report and the auditor's report as well as of the December 31, 2022 financial statements; to consider resolution in respect of adoption of the profit and loss statement and the balance sheet; to consider resolution in respect of allocation of the Company's result according to the adopted balance sheet; to consider resolution in respect of the members of the board of directors' and the CEO's discharge from liability; and to transact such other business matter. Reported Earnings • Apr 29
Full year 2022 earnings released: US$0.52 loss per share (vs US$0.47 loss in FY 2021) Full year 2022 results: US$0.52 loss per share (further deteriorated from US$0.47 loss in FY 2021). Net loss: US$2.90m (loss widened 24% from FY 2021). Annonce • Jan 27
Eco Wave Power Global AB (publ) Unveils its Disruptive Wave Energy Technology for the First Time in the United States During a press conference held at AltaSea at the Port of Los Angeles on the 12th of January, 2023, Eco Wave Power Global AB (publ) unveiled its disruptive wave energy technology for the first time in the United States. The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States. The press conference also featured the grand opening and ribbon-cutting of an office and commercial loan hub of Beneficial State Bank, which is supportive of blue economy related technologies. Annonce • Jan 12
Eco Wave Power to Unveil Wave Energy Power Station Eco Wave Power Global AB (publ) will unveil its disruptive technology for the first time during an AltaSea Event on the 12th of January 2023. The press conference will also feature the grand opening and ribbon-cutting of an office and commercial loan hub of Beneficial State Bank The AltaSea pilot project marks the official arrival of Eco Wave Power's technology to the United States, and it is believed to be the first-ever on-shore wave energy technology that will be deployed in the United States. Just last year, Eco Wave Power entered into an agreement with AltaSea to implement a first of its kind wave energy pilot at AltaSea's premises at the Port of Los Angeles. In just over a year, Eco Wave Power has successfully modified, upgraded, and transported the conversion unit to Los Angeles. The project's timeline showcases another benefit of Eco Wave Power's patented technology - its ability to be easily transported and replicated to fit the energy needs of a country's coastline. Reported Earnings • Sep 29
Second quarter 2022 earnings released Second quarter 2022 results: Net loss: US$772.5k (loss widened 2.8% from 2Q 2021).