Eco Wave Power (WAVE) Small cap showcase Conference summary

Industry context and technology overview

• Wave energy can supply up to 66% of U.S. energy needs and offers 24/7 renewable power, especially relevant for coastal data centers and population centers.

• Traditional offshore wave energy projects are costly, difficult to insure, environmentally disruptive, and prone to breakdowns.

• The presented technology uses nearshore installations on existing man-made structures, reducing costs and environmental impact.

• All expensive machinery is kept on land, with only floaters in the water, enabling easy installation and maintenance.

• The system is fully insurable, cost-efficient, and environmentally friendly, with a significant reduction in capital expenditure compared to offshore alternatives.

Project pipeline and commercialization progress

• Currently operates grid-connected projects in Israel and Los Angeles, with government and major corporate co-investment.

• Moving to commercial-scale installations, including a 60 MW project in the Port of L.A. and new projects in Taiwan, India, and Portugal.

• Holds a project pipeline exceeding 400 MW globally, with ongoing expansion in Europe, North America, South America, Oceania, and Asia.

• Revenue model transitions from pilot joint ventures and turnkey sales to long-term build-own-operate (BOO) projects.

• Operational experience includes six years grid-connected in Gibraltar, three years in Israel, and one year in Los Angeles.

Strategic partnerships and recognition

• Collaborates with major partners including EDF, Shell, Bharat Petroleum, and I-Ke International Ocean Energy.

• Member of the NVIDIA Inception Program, with ongoing discussions for deeper collaboration, especially around powering data centers.

• Recognized by the United Nations, Solar Impulse, Sustainable Markets Initiative, World Economic Forum, and funded by the EU.

• Works with leading universities and research institutions globally.

• Holds 18 patents and patents pending across Europe, Israel, and the U.S.