Insights

Strategic Partnerships CalWave is actively pursuing collaborations with industry players and research institutions, including AltaSea and the National Hydropower Association, indicating strong potential for channel partnerships, project co-development, and access via anchor institutions to coastal deployment sites.

DOE Backing With multiple DOE Water Power Technologies Office contracts and a history of winning the Wave Energy Prize, CalWave demonstrates credible government support and potential for funded demonstrations, which could de-risk customer pilots and accelerate procurement conversations.

Pilot to Scale A proven path of pilot deployments since 2021 and plans for two-year PacWave deployments suggest opportunities to upsell from pilots to utility-scale or community-scale wave energy projects, especially along coastlines seeking local, reliable power.

Coastal Market Fit The focus on offshore floating devices with land-connected cabling positions CalWave to engage coastal utilities, municipal energy programs, and microgrids seeking resilient, clean energy in storms and winter conditions.

Technical Credibility CalWave’s xWave technology and 100 kW deployment plans, combined with a track record of awards and R&D funding, provide tangible talking points for procurement and engineering teams evaluating advanced marine energy solutions.

Similar companies to CalWave Inc.

CalWave Inc. Tech Stack

CalWave Inc. uses 8 technology products and services including SOLIDWORKS, RSS, WordPress, and more. Explore CalWave Inc.'s tech stack below.

Media & News

CalWave Inc.'s Email Address Formats

CalWave Inc. uses at least 3 email formats:
CalWave Inc. Email FormatsExamplePercentage
First@calwave.energyJohn@calwave.energy
100%
Last@calwave.orgDoe@calwave.org
50%
First@calwave.orgJohn@calwave.org
50%

Frequently Asked Questions

What is CalWave Inc.'s official website and social media links?

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CalWave Inc.'s official website is www.calwave.energy and has social profiles on LinkedIn and Crunchbase.

How much revenue does CalWave Inc. generate?

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As of July 2026, CalWave Inc.'s annual revenue is estimated to be $1M - $10M.

What is CalWave Inc.'s NAICS code?

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CalWave Inc.'s NAICS code is 22111 - Electric Power Generation.

How many employees does CalWave Inc. have currently?

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As of July 2026, CalWave Inc. has approximately 11 employees across 2 continents, including North America and Asia. Key team members include Chief Technology Officer: T. B. and Advisory Board Member: V. S. Explore CalWave Inc.'s employee directory with LeadIQ.

What industry does CalWave Inc. belong to?

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CalWave Inc. operates in the Electric Power Generation industry.

What technology does CalWave Inc. use?

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CalWave Inc.'s tech stack includes SOLIDWORKS, RSS, WordPress, Google Workspace, jQuery Migrate, PHP, MailChimp for WordPress and Apache HTTP Server.

What is CalWave Inc.'s email format?

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CalWave Inc.'s email format typically follows the pattern of First@calwave.energy. Find more CalWave Inc. email formats with LeadIQ.

How much funding has CalWave Inc. raised to date?

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As of July 2026, CalWave Inc. has raised $9.1M in funding. The last funding round occurred on Aug 26, 2024 for $1.1M.

When was CalWave Inc. founded?

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CalWave Inc. was founded in 2014.
CalWave Inc. logo

CalWave Inc.

Electric Power GenerationCalifornia, United States11-50 Employees

CalWave Inc. develops and commercializes wave energy conversion technology to generate electricity from ocean waves, aiming to provide clean, local power for coastal communities. The company emphasizes a technology that delivers high performance while withstanding storms and extreme ocean conditions, leveraging offshore devices connected to land via underwater cabling to supply grid-ready energy. Based in Oakland, California, CalWave operates in the electric power generation sector and maintains a focus on offshore, marine-based energy solutions with a global reach. The organization has established itself through partnerships and project initiatives along the California coast and with programs focused on advancing marine energy, including collaborations and pilot deployments in recent years. CalWave’s activity centers on bringing its wave energy systems to market for coastal customers seeking reliable renewable power that is available during night and winter conditions, complementing other renewable sources.

Section iconCompany Overview

NAICS Code
22111 - Electric Power Generation
Founded
2014
Employees
11-50

Section iconFunding & Financials

  • $9.1M

    CalWave Inc. has raised a total of $9.1M of funding over 9 rounds. Their latest funding round was raised on Aug 26, 2024 in the amount of $1.1M as a Grant.

  • $1M - $10M

    CalWave Inc.'s revenue is estimated to be in the range of $1M - $10M

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