WAVENasdaqElectric ServicesUS GAAP · USD

Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ) develops and operates onshore wave-energy systems that convert ocean and sea waves into electricity using patented technology installed on existing coastal infrastructure such as breakwaters, jetties, and piers. The company is headquartered in Tel Aviv, Israel, is publicly traded on Nasdaq Capital Market under the ticker WAVE, and has pursued projects across Israel, the United States, Europe, and selected Asia-Pacific markets.

Liiketoiminta

Osuus liikevaihdosta
Wave energy systems45 %

Patented hardware and conversion systems that turn wave motion into electricity at coastal sites.

Project development25 %

Engineering, permitting, and deployment work for new wave-energy installations.

Pilot and demonstration stations20 %

Small-scale installations used to validate performance, integration, and commercial viability.

Operations and support10 %

Ongoing technical support and operational services for installed wave-energy assets.

Asiakkaat

The company’s direct customers and counterparties are typically ports, coastal infrastructure owners, utilities, government-linked energy bodies, and strategic partners involved in renewable-energy deployment. It also works with marine renewable-energy collaborators and public-sector programs that support pilot projects and commercialization. Demand is driven by customers seeking nearshore renewable power that can be sited on existing coastal structures without requiring large offshore installations.

Ports and harbor operators

Buy pilot or commercial wave-energy systems for breakwaters, piers, and harbor infrastructure to generate on-site renewable power.

Utilities and grid buyers

Purchase or offtake electricity from grid-connected wave stations for renewable supply diversification.

Government and innovation agencies

Support demonstration projects and research-linked deployments that advance marine renewable energy.

Strategic energy partners

Collaborate on pilots, technical validation, and commercialization of wave-energy assets.

Strategia

Eco Wave Power’s strategy is to commercialize onshore wave energy by using existing coastal infrastructure, which lowers siting complexity versus offshore renewable projects. The company is building credibility through reference installations, strategic partners, and government or EU-backed programs, while expanding its pipeline into multiple geographies.

Deploy reference projects in key marketsLyhyt aikaväli

Operational pilots help prove reliability, bankability, and grid integration for wave energy.

Expand the project pipelineKeskipitkä aikaväli

A broader pipeline increases the chance of converting development activity into future installations.

Leverage partnerships and public supportKeskipitkä aikaväli

External sponsorship can reduce commercialization risk and improve market acceptance.

Maantiede

Eco Wave Power is anchored in Israel, where it developed and operates the country’s first grid-connected wave-energy power station. It is also active in the United States through a pilot station at the Port of Los Angeles, and it has projects planned in Portugal, Taiwan, and India, reflecting a globally distributed project pipeline.

Riskit

The business depends on successful commercialization of a still-emerging generation technology, so project execution and technical performance risk are central. It also faces funding, permitting, and customer-adoption risk because wave-energy projects are site-specific, capital-intensive, and often depend on public or strategic support before scaling commercially.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Technology commercialization risk1Project execution and permitting delays2Financing and dilution risk3Customer and partner concentration4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Technology commercialization riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company operates in a niche renewable category that must prove durability, output, and economics at scale.

    Kohdistuu: Wave-energy systems and pilot deployments

  2. Project execution and permitting delaysVaikutus: KorkeaTodennäköisyys: Korkea

    Deployments depend on coastal infrastructure access, approvals, and third-party coordination.

    KohdistuuIsraelUnited StatesPortugalTaiwanIndia
  3. Financing and dilution riskVaikutus: KorkeaTodennäköisyys: Korkea

    Project development and commercialization can require external capital before recurring revenue scales.

    Kohdistuu: Development pipeline and working capital

  4. Customer and partner concentrationVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Early-stage renewable projects often rely on a limited number of strategic counterparties and sponsors.

    Kohdistuu: Pilot stations and development agreements

Kysy Clarifolta: Eco Wave Power Global AB (publ)

Kirjanpito

Harkinnanvaraiset erät
Project-stage cost judgment

Management must decide which engineering and development costs are expensed versus capitalized.

Vaikutus: Can materially affect operating loss and asset balances

Revenue recognition timing

Pilot projects and deployment agreements may recognize revenue at different project milestones.

Vaikutus: Affects quarter-to-quarter comparability

Foreign currency translation

The company reports across multiple jurisdictions and records translation differences in equity.

Vaikutus: Can move comprehensive income and equity

IFRS 18 presentation

New presentation rules can alter how income statement lines are grouped and disclosed.

Vaikutus: Impacts comparability and analytical presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Eco Wave Power Global AB (publ) (Nasdaq) – Electric Services | Analyysi – Clarifo