Innovative Technology CalWave's proprietary wave energy converter technology offers a high-performance, durable solution for harnessing ocean wave energy, making it a compelling option for utility companies and coastal utilities seeking reliable renewable energy sources.

Strong Government Backing The company has secured multiple R&D contracts and funding from the U.S. Department of Energy, indicating robust government support and potential for expanding collaborations with public energy programs looking to invest in marine renewable technologies.

Strategic Partnerships CalWave's collaborations with organizations like AltaSea and the National Hydropower Association showcase its active efforts to establish a local infrastructure for wave energy development, presenting opportunities for regional project funding and joint ventures.

Growing Market Presence Recent pilot projects and awards such as the Wave Energy Prize emphasize CalWave's increasing visibility and credibility in the wave energy sector, positioning it to attract utility clients and project developers seeking proven, award-winning technologies.

Available Funding & Revenue With a revenue range of up to 10 million dollars and recent funding of 1.1 million dollars, CalWave demonstrates financial stability and growth potential, making it attractive for investors and partners aiming to leverage ocean energy innovations.