Eco Wave Power

Wave Energy Conversion Systems

Energy Tech
Public on NASDAQ on Jul 2022

Company Overview

Snapshot

Founded in March 2011 by David Leb and Inna Braverman, Eco Wave Power operates with 11–50 employees. The company has raised a total of $27.54M across 10 funding rounds and went public on NASDAQ in July 2022. In May 2026, NVIDIA showcased Eco Wave Power's vision for AI-driven wave energy technology, highlighting the company's strategic direction in integrating advanced technologies into renewable energy.

Business overview

Eco Wave Power develops and operates wave energy conversion systems designed to generate electricity from ocean waves. The company's core technology utilizes floating platforms equipped with hydraulic pumps that convert the kinetic energy of ocean waves into pressurized fluid, which then drives turbines to produce electricity. Eco Wave Power aims to deliver clean and renewable energy solutions to coastal communities, operating within the Energy Tech sector and serving markets focused on electricity and utilities.

Strategic signal

In May 2026, NVIDIA showcased Eco Wave Power's vision for AI-driven wave energy technology, following keynote recognition. This signals a significant strategic shift towards integrating artificial intelligence into their wave energy systems, which could enhance efficiency, predictability, and overall performance. For investors, this indicates a forward-looking approach to innovation and potential for increased scalability and operational optimization within the renewable energy sector.

Company Intelligence Q&A

What was a significant recent development for Eco Wave Power in the US?
In September 2025, Eco Wave Power launched its first-ever U.S. wave energy project at the Port of Los Angeles, marking a historic milestone for the company's expansion into the American market.
What recent technological advancement has Eco Wave Power made in maintenance?
In September 2025, Eco Wave Power and BladeRanger launched the first-ever drone-powered maintenance system for onshore wave energy systems, aiming to enhance operational efficiency and reduce manual intervention.
What recognition did Eco Wave Power's project receive in October 2025?
In October 2025, Eco Wave Power's wave energy project was named on TIME's List of the Best Inventions of 2025, highlighting its innovative contribution to renewable energy.
What strategic agreement did Eco Wave Power sign in October 2024?
In October 2024, Eco Wave Power signed a wave energy power station sale agreement with Taiwanese Lian Tat for its first onshore wave energy project in Asia, expanding its global footprint.
What was a key operational update from Eco Wave Power's Q3 2025 earnings?
Eco Wave Power's Q3 2025 earnings, reported in November 2025, highlighted strategic expansion and global milestones achieved, including the historic U.S. launch of its wave energy project.

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