(15)
With partnerships that include government contracts and industry giants, their proximity to the Port of Virginia and key U.S. Navy operations provides a competitive edge that few can rival.
📊 Sustainability and Profitability on the Horizon
As the world shifts toward greener
technologies and infrastructure, Greenwave is uniquely positioned to meet the growing demand for recycled materials.
Their 13 strategically located recycling facilities are aligned with national security and infrastructure priorities, ensuring consistent demand for their services. (9)(10)
Expanding Horizons
Greenwave isn’t just maintaining momentum; it’s accelerating at
full speed. Here’s how they’re preparing for a record-setting year in 2024 and beyond:
🌍 Global Copper Demand Surge
With copper prices hitting two-year highs, Greenwave is poised to benefit from a global shortage of this vital resource. (6)
Copper is a linchpin for EVs, AI technologies, and renewable energy projects, making Greenwave’s capabilities even more
valuable.
🏭 Doubling Processing Capacity
The launch of a second shredder will double Greenwave’s processing capacity, enabling them to handle significantly higher volumes of recycled metals. (4)
This move not only enhances efficiency but also ensures they can meet the growing demand head-on.
📲 Expanding ScrapApp.com
ScrapApp is already
making a name for itself by modernizing the scrap metal industry.
With plans to expand into new markets, ScrapApp is set to become a cornerstone of Greenwave’s growth strategy, leveraging technology to streamline operations and boost profitability. (13)
🏘️ Reducing Costs Through Ownership
Greenwave recently acquired the real estate for seven of its core facilities, reducing
annual rent expenses by $1.7 million. (10)(11)
This strategic move not only strengthens cash flow but also positions them for future high-value transactions.
Positioned for the Future
What makes Greenwave truly exceptional is its alignment with global trends.
As federal funding pour into infrastructure and domestic sourcing becomes a priority, the demand for recycled metals
will continue to rise.
Greenwave’s ability to deliver consistent results, backed by innovative technology and strategic partnerships, makes them a standout in this space.
Their role as a supplier for industry giants such as Nucor Corporation and Cleveland-Cliffs positions them as a trusted partner in critical sectors, including national security and infrastructure.
As tariffs and trade policies continue to evolve, Greenwave is well-prepared to capitalize
on the resulting market shifts.
A Closer Look at the Numbers
Greenwave’s 2024 revenue guidance of $40 million is well within reach, thanks to their diversified operations and commitment to excellence. (10)(11)
Their recent contract with Core Tree Care, Inc., valued at up to $35 million, is a prime example of their ability to secure high-value deals. (9)
Additionally, their focus on domestic sales, which are projected to account for 75% of revenue by 2025, aligns with the growing emphasis on sustainability and American-made materials.
The Bottom Line
Greenwave Technology Solutions, Inc. (NASDAQ: GWAV) is not just another recycling company—it’s a forward-thinking leader at the heart of the green
revolution.
From record-breaking revenues to bold innovations, their story is one of resilience, growth, and forward momentum.
As the world continues to prioritize sustainability, companies like Greenwave are becoming indispensable.
Their ability to adapt, innovate, and execute on ambitious plans positions them for long-term success.
