Greenwave Technology Solutions, Inc. - Common Stock (GWAV)

Greenwave Technology Solutions (NASDAQGWAV) announced that CEO Danny Meeks will appear on Good Morning America to discuss the impact of newly enacted metal tariffs. Through its subsidiary Empire, Greenwave operates the largest scrap metal chain in Hampton Roads, supplying military-grade scrap to key defense contractors and shipyards. With President Trump’s shipbuilding initiative expected to drive demand, Greenwave anticipates increased opportunities in its primary market. The company also expects forthcoming copper tariffs to accelerate revenue growth and expand margins across its 13 metal recycling facilities in Virginia, North Carolina, and Ohio.

Greenwave Technology Solutions (NASDAQGWAV) announced significant margin expansion driven by a 20% rise in scrap steel prices since early February, with further increases expected as U.S. steel and aluminum import tariffs take effect on March 12, 2025. Through its wholly owned subsidiary, Empire, Greenwave operates Hampton Roads’ leading scrap metal chain, supplying major defense contractors and the world’s largest naval base with military-grade scrap metal. The company runs 13 metal recycling facilities across Virginia, North Carolina, and Ohio, serving industry giants such as Nucor, Sims, and Cleveland-Cliffs. Greenwave’s competitive positioning is further strengthened by a portfolio of protected operational licenses, key facility acquisitions reducing rental costs, and its role as a major supplier to Nucor’s upcoming steelmaking facility in North Carolina.

Greenwave Technology Solutions (NASDAQGWAV) announced that its chairman and CEO, Danny Meeks, will appear on Fox Business Network’s Varney & Co. at 11:30 a.m. EST today. The interview will highlight the rising demand for U.S. scrap metal in response to the recently announced 25% steel and aluminum tariffs set to take effect on March 12, 2025. As a leading supplier of mill-ready shred and recycled metals in the Mid-Atlantic, Greenwave anticipates increased demand and wider profit margins as the industry shifts toward domestic sourcing.

Greenwave Technology Solutions (NASDAQGWAV) announced its selection of GreenSpark, an AI-powered operating system, as its core platform to enhance operational efficiency and accelerate revenue growth. GreenSpark, founded by Goldman Sachs veteran Gordon Driscoll, has seen rapid expansion, securing approximately $25 million in funding and growing its customer base by over 300% in the past year. Greenwave plans to implement GreenSpark across its operations in early March 2025, expecting the platform to contribute to revenue and margin growth throughout the year.

Greenwave Technology Solutions (NASDAQGWAV) announced it has no immediate plans to raise capital, citing a strong financial position with approximately $10 million in cash and $7 million in current inventories. The company expects surging scrap metal prices ahead of the anticipated 25% tariffs on steel and aluminum imports set to take effect in March 2025. Greenwave has also raised its FY 2025 revenue guidance to $47-$50 million, driven by increasing demand from U.S. steel producers and secured government contracts, including exclusive agreements for recycling non-ferrous metals and municipal scrap programs. Additionally, the company anticipates growth opportunities with Nucor’s new Lexington, N.C., steelmaking facility set to open in 2025.

Greenwave Technology Solutions (NASDAQGWAV) announced that Chairman and CEO Danny Meeks was interviewed on BNN Bloomberg, where he discussed the company’s role in providing 100% U.S.-sourced recycled metals. As a leading Mid-Atlantic supplier of mill-ready shred and recycled metals, Greenwave expects rising demand and widening profit margins throughout fiscal year 2025. With the U.S. steel industry emphasizing domestic sourcing, the company’s operations in Virginia, North Carolina, and Ohio strategically position it for growth.

Greenwave Technology Solutions (NASDAQGWAV) announced that it has been covered by S&P Global Commodity Insights. The interview provides insights into the company’s operations and industry position.

Greenwave Technology Solutions (NASDAQGWAV) is preparing for increased demand for its 100% domestically sourced scrap metal products, including steel, aluminum, copper, and zorba, as U.S. tariffs reshape the industry. President Trump announced a 25% tariff on steel and aluminum imports without exceptions, reinforcing the need for domestic production. Greenwave recently raised its FY 2025 revenue guidance to $47-50 million and reported an inventory value exceeding $6 million. The company has secured government and municipal contracts, acquired real estate to cut annual rent costs by $1.7 million, and expanded its AI-powered Scrap App platform. Positioned in key Mid-Atlantic markets, Greenwave expects to capitalize on shifting supply chains and rising metal prices.

Greenwave Technology Solutions, Inc. (NASDAQGWAV) ("Greenwave" or the "Company"), today announced its scrap metal inventories are estimated to havesurpassed $6 million in

Greenwave Technology Solutions (NASDAQGWAV) announced the rapid expansion of its AI-powered car-buying platform, Scrap App, into 27 new markets, driven by adoption from one of the largest junk car buyers in the U.S. The platform, which recently launched in Charlotte, Winston-Salem, and Columbia, aims to dominate the fragmented $32 billion auto recycling industry. Scrap App’s AI automation optimizes vehicle pricing, scheduling, and customer interactions, enhancing efficiency and margins. Developed for $20,000, its AI-driven approach is expected to generate substantial cost savings and accelerate revenue growth.

Greenwave Technology Solutions, Inc. (NASDAQGWAV) ("Greenwave" or the "Company"), a leading innovator in the metal recycling sector, today announced the adoption of its

Greenwave Technology Solutions (NASDAQGWAV) has increased its revenue guidance for fiscal year 2025 to $47–$50 million following former President Trump’s announcement of tariffs on steel, aluminum, and copper imports. The company, which supplies 100% domestically sourced metals, is in negotiations with multiple entities seeking access to its high-volume, mill-ready metal supply. Greenwave expects the tariffs to drive demand for its recycled steel, aluminum, copper, and rare-earth metals.

The company said the aggressive trade measures are expected to drive sharp price increases for domestically sourced metals, positioning the firm as a critical supplier in an increasingly protectionist market.

Greenwave Technology Solutions (NASDAQGWAV) a leading metal recycler, expects significant revenue growth following President Trump’s announcement of increased tariffs on steel, aluminum, and copper imports. With 100% domestic operations across Virginia, North Carolina, and Ohio, Greenwave is strategically positioned to benefit from rising demand for U.S.-sourced metals. The company supplies major industry players, including subsidiaries of Nucor Corporation and Cleveland-Cliffs Inc., reinforcing its role in the domestic metals supply chain as tariffs drive up prices and shift sourcing strategies.

Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQGWAV), a leader in metal recycling, is primed for significant revenue acceleration following President

Greenwave Technology Solutions, Inc. (NASDAQGWAV) ("Greenwave" or the "Company"), a leader in metal recycling, today announced the launch of an advanced AI-powered operator in

Greenwave Technology Solutions (NASDAQGWAV) as launched an advanced AI-powered operator within its Scrap App subsidiary, aiming to transform the $32 billion U.S. auto recycling market. The AI Operator autonomously provides real-time quotes for junk cars, schedules vehicle pickups, and handles customer inquiries, enhancing scalability, reducing costs, and improving user experience. Scrap App is active in markets such as Hampton Roads, Richmond, and Cleveland, with plans to expand into the top 25 U.S. markets by the end of 2025. CEO Danny Meeks emphasized the technology’s potential to redefine the industry and accelerate growth.

Greenwave Technology Solutions (NASDAQGWAV) a leader in sustainable metal recycling, has won an exclusive contract with Virginia Beach, the largest city in Virginia. Under the agreement, Greenwave will be the sole provider of scrap metal recycling services, benefiting from the city’s generation of 800 tons of ferrous metal and 179,000 pounds of non-ferrous scrap in 2023, projected to bring in over $500,000 in 2024. As Virginia Beach’s only metal recycling facility, Greenwave leverages strategic proximity to NAS Oceana and the Port of Virginia, while its recent real estate acquisitions and robust municipal licensing create significant barriers to entry. Focused on government contracts, the company supports major infrastructure projects, federal operations, and municipal vehicle recycling, aligning with its growth strategy.

Greenwave Technology Solutions (NASDAQGWAV), announced a $4 million direct offering and private placement, issuing 7,544,323 shares at $0.5302 per share and warrants exercisable at the same price, pending stockholder approval. The financing supports Greenwave’s rare earth recovery initiatives amid global supply chain challenges, leveraging advanced technologies to extract materials from lithium batteries and electronic components while exploring a dedicated recovery facility. Strategically located near Naval Station Norfolk, Greenwave’s facilities benefit from premium scrap streams, enhancing its leadership in sustainable metals recovery.

Greenwave Technology Solutions (NASDAQGWAV), a leading operator of 13 metal recycling facilities in the Mid-Atlantic, has canceled its January 2025 Special Meeting of Stockholders, originally scheduled for Jan. 10. The company, headquartered in Chesapeake, Va., supplies ferrous and non-ferrous metals to major steel mills and industrial conglomerates, supporting critical infrastructure projects and national security initiatives. Greenwave employs 167 workers across Virginia, North Carolina, and Ohio.

Greenwave Technology Solutions (NASDAQGWAV), a leading metal recycler operating in Virginia, North Carolina, and Ohio, has announced revenue guidance of $43–$45 million for fiscal year 2025. Key growth drivers include a $15–$35 million hurricane recovery contract, rising domestic sales anticipated to reach 75%, and increased demand for high-quality recycled metals from U.S. steel producers. With exclusive operational licenses, advanced technology platforms, and strategic proximity to industrial hubs, Greenwave is positioned for sustained growth. The company has significantly strengthened its financial position, reducing liabilities by 64% in 2024, and plans to expand its Scrap App into 25 top U.S. markets in 2025.

Greenwave Technology Solutions (NASDAQGWAV), a prominent metal recycler, announced the expansion of its rare-earth metal recovery operations, targeting high-demand materials like gallium, germanium, and antimony. Prompted by China’s export ban on these critical resources, Greenwave has fast-tracked its proprietary recycling technologies, leveraging its strategic location near the Port of Virginia to source premium scrap from defense and industrial sectors. The company anticipates significant revenue growth in FY 2025 through its efficient recovery processes and investments in advanced equipment and workforce training, positioning itself as a leader in the rare-earth recycling market.

Greenwave Technology Solutions (NASDAQGWAV) reported significant improvements in its financial position, reducing liabilities by 64% and growing current assets by 635% from December 2023 to September 2024. The company secured substantial government contracts, including one valued at $15–$35 million tied to Hurricane Helene recovery and another for recycling 550,000 pounds of non-ferrous metal. Greenwave stands to benefit from increased domestic demand for recycled metals, supported by U.S. trade policies and the opening of Nucor’s steelmaking facility in 2025. Additionally, recent insider purchases of shares signal strong leadership confidence as Greenwave leverages its strategic location, operational licenses, and key supplier relationships to capitalize on industry growth and consolidation.