- **Eco Wave Power's wave energy pilot project** at AltaSea in the Port of Los Angeles has been named to **TIME’s 2025 Best Inventions list**.  **[1846715_0001213900-25-098388_ea026096201ex99-1_ecowave.htm:0]** 
- This Los Angeles project is significant as the **first onshore wave energy installation in the United States**, developed in collaboration with Shell Marine Renewable Energy (Shell MRE).  **[1846715_0001213900-25-098388_ea026096201ex99-1_ecowave.htm:0]** 
- The company is expanding globally, with a **project pipeline of 404.7 MW** under development, including upcoming projects in Portugal, Taiwan, and India.  **[1846715_0001213900-25-098388_ea026096201ex99-1_ecowave.htm:0]** **[1846715_0001213900-25-098388_ea026096201ex99-1_ecowave.htm:1]**

Eco Wave Power's Wave Energy Project Named on TIME's 2025 Best Inventions List

- On **October 7, 2025**, **U.S. Congresswoman Nanette Barragán** visited **Eco Wave Power's first onshore wave energy pilot station in the United States** at AltaSea in the Port of Los Angeles.  **[1846715_0001213900-25-096802_ea026051501ex99-1_eco.htm:0]** 
- Congresswoman Barragán called for a **$1 billion federal investment** in wave energy through her **Marine Energy Technologies Acceleration Act** to accelerate research, development, and deployment of marine energy technologies.  **[1846715_0001213900-25-096802_ea026051501ex99-1_eco.htm:0]** 
- Eco Wave Power's CEO, Inna Braverman, highlighted the **feasibility and scalability** of wave energy, stating that California's coastlines alone have the potential to generate **gigawatts of wave energy**.  **[1846715_0001213900-25-096802_ea026051501ex99-1_eco.htm:0]** 
- The company has a **robust project pipeline of 404.7 MW** under development globally, with upcoming projects in Portugal, Taiwan, and India.  **[1846715_0001213900-25-096802_ea026051501ex99-1_eco.htm:1]**

Eco Wave Power Hosts Congresswoman Barragán at LA Pilot Project, Discusses Federal Investment

- On **September 16, 2025**, Eco Wave Power Global AB (publ) announced a partnership with **BladeRanger Ltd.** to implement **drone-powered maintenance** for its onshore wave energy systems.  **[1846715_0001213900-25-087923_ea0257422-6k_ecowave.htm:0]** **[1846715_0001213900-25-087923_ea025742201ex99-1_ecowave.htm:0]** 
- This collaboration aims to **lower operating expenses**, **reduce downtime**, and **boost energy output** for wave power projects.  **[1846715_0001213900-25-087923_ea025742201ex99-1_ecowave.htm:0]** 
- A live demonstration of BladeRanger's drones cleaning and inspecting floaters was conducted at Eco Wave Power's grid-connected project in **Jaffa Port, Israel**.  **[1846715_0001213900-25-087923_ea025742201ex99-1_ecowave.htm:0]** 
- The initiative is expected to dramatically reduce operational costs, which have historically reached up to **4% of project CAPEX annually** at sites like Jaffa Port and Gibraltar.  **[1846715_0001213900-25-087923_ea025742201ex99-1_ecowave.htm:0]** 
- Following a successful test, the companies plan to explore a **long-term strategic collaboration** for deploying drone technology at the **Los Angeles site** and Eco Wave Power’s growing project pipeline worldwide.  **[1846715_0001213900-25-087923_ea025742201ex99-1_ecowave.htm:0]**

Eco Wave Power and BladeRanger Launch Drone-Powered Maintenance

- Eco Wave Power Global AB (publ) has **successfully completed operational testing** and deployed its wave energy floaters for the first time at its U.S. pilot project in the Port of Los Angeles, marking the official start of its operational phase in the U.S..  **[1846715_0001213900-25-080924_ea025466501ex99-1_ecowave.htm:0]** 
- This significant event was **broadcast live and exclusively by Good Morning America**, providing national visibility for the company's technology.  **[1846715_0001213900-25-080924_ea025466501ex99-1_ecowave.htm:0]** 
- A formal unveiling ceremony for the Port of Los Angeles project is scheduled for **September 9, 2025**.  **[1846715_0001213900-25-080924_ea025466501ex99-1_ecowave.htm:0]** 
- The company's global project pipeline stands at **404.7 MW**, with upcoming operational sites planned in Taiwan, India, and Portugal, in addition to its existing Israeli station.  **[1846715_0001213900-25-080924_ea025466501ex99-1_ecowave.htm:0]** **[1846715_0001213900-25-080924_ea025466501ex99-1_ecowave.htm:1]**

Eco Wave Power Global AB (publ) (WAVE)