WERPO

Company Overview

Snapshot

Founded in July 2014 by Shmuel Ovadia, WERPO operated with 1–10 employees. The company focused on developing sea wave technology for electricity generation. In September 2021, WERPO ceased to operate.

Business overview

WERPO is an Energy Tech company focused on generating electricity from ocean waves. The company develops environmentally friendly and durable power plants using its proprietary sea wave technology. These systems are designed to be easy to build, require minimal land space, and can be adapted to various coastal terrains. WERPO aimed to deploy its technology globally through local partners, serving the utilities sector, specifically in electricity generation.

Company Intelligence Q&A

What was a significant strategic partnership for WERPO?

In January 2015, WERPO signed an agreement with Beijing Capital Group (BCG) to exclusively represent its sea wave energy technology in China. This partnership aimed to promote renewable sea wave energy systems and establish China as a leader in the renewable energy sector, leveraging WERPO's technology for electricity generation.

What was the status of WERPO's operations?

WERPO ceased to operate in September 2021.

What is WERPO's core technology?

WERPO's core technology involves harnessing the power of sea waves to generate electricity. The company develops power plants that are environmentally friendly, durable, and adaptable to various coastal environments.

Who founded WERPO?

WERPO was founded by Shmuel Ovadia in July 2014.

What was the corporate relationship between WERPO and Blackbird International Corporation?

Blackbird International Corporation was the sole shareholder of WERPO. In August 2015, Blackbird International Corporation announced a dividend to shareholders, citing the value of its common shares and its commitment to strengthening its capital structure and increasing shareholder value.