The annual award recognizes Ms. Braverman
as paving the way forward to advance clean energy and the
burgeoning blue economy
TEL AVIV, Israel, July 27, 2023 /PRNewswire/ -- Eco Wave Power
Global AB (publ) (Nasdaq Capital Market: WAVE) ("("Eco Wave Power''
or "EWP" or the "Company"), a leading, publicly traded onshore wave
energy company, is pleased to announce that the Company's founder
and Chief Executive Officer Inna
Braverman was named as the recipient of AltaSea's Innovation
Award, given annually to companies or individuals that are creating
innovative solutions to some of the world's most pressing problems.
Ms. Braverman will accept the award at AltaSea's annual fundraising
event, Blue Hour, on October 14,
2023. Tickets for the event will go on sale in August and
can be purchased at www.AltaSea.org.
Ms. Braverman joins an impressive list of recipients for the
Innovation Award, including Robert Downey
Jr.'s FootPrint Coalition and Esri's Chief Scientist Dr.
Dawn Wright, the first and only
Black person to dive to Challenger Deep, the deepest point on
Earth. Others honored at previous Blue Hour events include
the legendary ocean explorers Dr. Bob
Ballard, discoverer of the Titanic, Sylvia Earle, the first person to walk solo on
the bottom of the ocean, and Phillippe Cousteau, ocean explorer and
the grandson of Jacques Cousteau.
"I am incredibly humbled and honored to join the likes of ocean
legends such as Dr. Ballard and Sylvia
Earle," said Ms. Braverman. "AltaSea represents a
transformative vision for the future of our oceans, and I am
grateful to be a part of this remarkable community of innovators
and advocates. Together, we can inspire and create meaningful
change – one wave at a time."
The theme for the fourth annual Blue Hour is "Women
Stewarding the Ocean." Ms. Braverman will be one of four women to
be honored at the event. Other Innovation Award recipients will be
announced in the coming months.
"We are excited to recognize Inna
Braverman at the Blue Hour: Women Stewarding the
Ocean for her incredible work in promoting ocean energy
throughout the world," said AltaSea President & CEO
Terry Tamminen, who served as
Secretary of the California Environmental Protection Agency for
then Governor Arnold Schwarzenegger.
"Ms. Braverman is leading the charge in making ocean energy a
reality and we are excited to be home to their first ever ocean
energy power station in the United
States."
In 2022, Eco Wave Power signed a collaboration agreement with
AltaSea at the Port of Los Angeles
to bring their technology to AltaSea's 35-acre campus at the Port
of Los Angeles, the nation's
busiest seaport. Eco Wave Power's energy conversion unit has been
on static display at AltaSea, allowing prominent policymakers,
businesses, celebrities, and philanthropists to tour the station
and see the technology up close.
Ms. Braverman hosted former California Governor Arnold Schwarzenegger for a tour of the power
station at AltaSea this past spring, showcasing the technology and
the simplicity of the design. Schwarzenegger, whose time as
governor was marked by visionary environmental leadership,
expressed his admiration for the technology and the significant
potential of wave energy along California's coastline.
The pilot station, believed to be the first of its kind in
the United States, is set to be
installed in the coming months.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology
company that developed a patented, smart and cost-efficient
technology for turning ocean and sea waves into green electricity.
Eco Wave Power's mission is to assist in the fight against climate
change by enabling commercial power production from the ocean and
sea waves.
The Company is currently finalizing the construction of its grid
connected project in Israel, with
co-investment from the Israeli Energy Ministry, which recognized
the Eco Wave Power technology as "Pioneering Technology" and will
soon commence the installation of its newest pilot in AltaSea's
premises in the Port of Los
Angeles. The Company also holds concession agreements for
commercial installations in Europe
and has a total projects pipeline of 404.7MW.
Eco Wave Power received funding from the European Union Regional
Development Fund, Innovate UK and the European Commission's Horizon
2020 framework program. The Company has also received the "Global
Climate Action Award" from the United Nations.
Eco Wave Power's American Depositary Shares (WAVE) are traded on
the Nasdaq Capital Market.
Read more about Eco Wave Power at www.ecowavepower.com.
Information on, or accessible through, the websites mentioned above
does not form part of this press release.
For more information, please contact:
Inna Braverman, CEO
Inna@ecowavepower.com
+97235094017
For media inquiries, please contact:
Jacob Scott, Vectis
Strategies
+14124457719
jscott@vectisstrategies.com
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. For example, the Company is using forward-looking
statements in this press release when it discusses that the Company
is expected to be the first ever ocean energy power station in
the United States, and that the
Company's pilot station is set to be installed in the coming
months. Forward-looking statements can be identified by words such
as: "anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "will", or variations of such words, and similar
references to future periods. These forward-looking statements and
their implications are neither historical facts nor assurances of
future performance and are based on the current expectations of the
management of Eco Wave Power and are subject to a number of
factors, uncertainties and changes in circumstances that are
difficult to predict and may be outside of Eco Wave Power's control
that could cause actual results to differ materially from those
described in the forward-looking statements. Therefore, you should
not rely on any of these forward-looking statements. Except as
otherwise required by law, Eco Wave Power undertakes no obligation
to publicly release any revisions to these forward-looking
statements to reflect events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events. More detailed
information about the risks and uncertainties affecting Eco Wave
Power is contained under the heading "Risk Factors" in Eco Wave
Power's Annual Report on Form 20-F for the fiscal year ended
December 31, 2022 filed with the SEC
on April 27, 2023, which is available
on the on the SEC's website, www.sec.gov, and other documents filed
or furnished to the SEC. Any forward-looking statement made in this
press release speaks only as of the date hereof. References and
links to websites have been provided as a convenience and the
information contained on such websites is not incorporated by
reference into this press release.
The following files are available for download:
https://mb.cision.com/Main/18497/3810307/2206767.pdf
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