Eco Wave Power Global AB (publ) (NASDAQ:WAVE) is a renewable energy technology company specializing in the development and commercialization of wave energy conversion systems. Founded in 2011 and headquartered in Stockholm, Sweden, the company has pioneered a patented, modular design that enables the installation of wave energy converters onto existing coastal infrastructures such as breakwaters and piers. By harnessing the up-and-down motion of ocean waves, Eco Wave Power’s systems convert kinetic energy into electricity, providing a clean and predictable power source that can be integrated into local energy grids.
Over the years, Eco Wave Power has deployed demonstration projects and pilot plants across various geographies, including Europe, the Middle East, and the Americas. Notable installations have taken place in Gibraltar and along the Mediterranean coast, where the company delivered grid-connected wave energy to local utilities for the first time. These projects have validated the technology’s resilience in harsh marine environments and showcased its potential to power desalination plants, coastal facilities, and other energy-intensive operations without reliance on fossil fuels.
Eco Wave Power places strong emphasis on research and development, holding a portfolio of international patents that underpin its competitive advantage. The company collaborates with academic institutions and engineering firms to optimize converter design, improve energy capture efficiency, and reduce maintenance costs. Its modular approach allows for scalable deployments, enabling stakeholders to expand projects in line with growing energy needs or budget constraints. This flexibility has attracted interest from government agencies and private investors seeking sustainable energy alternatives.
Leadership at Eco Wave Power is spearheaded by Inna Braverman, the company’s co-founder and Chief Executive Officer, whose vision has steered the firm from early-stage prototypes to public listings on Nasdaq. Supported by a management team with expertise in marine engineering, project finance, and environmental compliance, Eco Wave Power continues to pursue commercial agreements and strategic partnerships worldwide. With a mission to transform the untapped potential of ocean waves into reliable electricity, the company is poised to play a key role in the global transition to renewable energy.
