Scrap App Aims to be the #1 Junk Car Platform in the $32 Billion Auto Recycling IndustryCompany Accelerating Nationwide Expansion, Building on Objective Success in Key CitiesPlatform Set New Weekly Record Both in Number of Cars and Revenue from January 26 to February 1, 2025 CHESAPEAKE, Va., Feb. 5, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading innovator in the metal recycling sector, today announced the adoption of its AI-powered car buyi ...

Tariffs Expected to Drive 10-20% Revenue Growth on Metal Products with 40-45% Gross Profit MarginsGreenwave Supplies 100% Domestically-Sourced Steel, Aluminum, Copper, and Rare-Earth Metals to Industry Titans Company in Active Negotiations with Multiple Entities Seeking Access to its High-Volume Flow of Mill-Ready MetalsCHESAPEAKE, Va., Feb. 4, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leader in metal recycling, is raising revenue guidance to ...

On January 31, 2025, President Trump Stated he will be Placing Significant Tariffs on Steel, Aluminum, and Copper Tariffs are Expected to Drive Price Increases on Domestically-Sourced MetalGreenwave's customers include subsidiaries of Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, and Georgia-PacificCHESAPEAKE, Va., Feb. 3, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leader in metal recycling, is primed for significant revenue accelera ...

Scrap App's AI Operator Drives Automation of Quotes, Scheduling, and Customer Support Company Accelerates Nationwide Expansion in 2025, Building on Success in Key Cities Aims to Dominate $32 Billion Auto Recycling Industry CHESAPEAKE, Va., Jan. 27, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leader in metal recycling, today announced the launch of an advanced AI-powered operator in its subsidiary, Scrap App (www.scrapapp.com). This innovation p ...

Initial value estimates at over $500,000 in revenues Company secures exclusive operations in Virginia's largest city and industrial hub, home to several military bases, advanced manufacturers, and defense contractors Leveraging municipal and federal agreements further establishes Greenwave's leadership in metal recycling CHESAPEAKE, Va., Jan. 23, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV), a prominent leader in sustainable metal recycling across Virginia, North Carolina, and ...

Company to Accelerate Recovery and Monetization of Rare Earth MetalsTransaction Prohibits Short Selling, Optimizes Capital Structure, and Aligns Investors with Long-Term GrowthCHESAPEAKE, Va., Jan. 13, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading supplier of sustainably-sourced ferrous, non-ferrous and rare-earth metals, announced today the entry into a securities purchase agreement with institutional and accredited investors for a regist ...

Company Announcement - Greenwave Technology Solutions, Inc has decided to cancel the January 2025 Special Meeting of Stockholders previously scheduled for January 10, 2025 [1] Company Overview - Greenwave Technology Solutions, Inc operates 13 metal recycling facilities and supplies ferrous and non-ferrous metal to leading steel mills and industrial conglomerates [2] - The company plays a critical role in supplying raw metal for infrastructure projects and U.S. warships, contributing to American national security interests [2] - Headquartered in Chesapeake, VA, the company employs 167 people and operates metal recycling facilities across Virginia, North Carolina, and Ohio [2] Financial Information - Detailed financial information and updates are available on the company's website at www.GWAV.com [3] Forward-looking Statements - The press release contains forward-looking statements regarding revenue growth, expansion plans, margin improvement, and cash flow projections [4] - These statements are identified by terms such as "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," and "project" [4] - The company acknowledges that actual results may differ from forward-looking statements due to various risks and uncertainties [4]

Government contracts, including agreements with the U.S. Federal Government, municipalities, and contractors, drive revenue growth Greenwave's customers are industry giants such as Nucor Corporation, Sims Limited, Cleveland-Cliffs, Inc., and Georgia-Pacific Expansion of Scrap App and hurricane recovery contracts position Greenwave for continued growth and leadership Over 500,000 GWAV shares purchased by insiders in December 2024 CHESAPEAKE, Va., Dec. 30, 2024 /PRNewswire/ -- Greenwave Technology Solutions, ...

On December 3, 2024, China banned the export of gallium, germanium, and antimony to the United States – vital minerals utilized in the production of semiconductors, solar panels, and electric car batteries The Company expects to generate significant revenue in FY 2025 through the efficient extraction of these rare-earth minerals from vehicles, appliances, equipment, and heavy machinery Greenwave believes its proprietary rare-earth metal recovery initiative is a "catalytic converter-level" opportunity, with ...

Insiders made open market purchases of more than 500,000 GWAV shares in December 2024Company has increased shareholders' equity by approximately $51 million in 2024Greenwave continues to prioritize government contracts as a key driver of revenue and cash flow growthThe Company recently purchased the real estate for seven of its core facilities, reducing annual rent expenses by approximately $1.7 millionNumerous upcoming catalysts expected to benefit Greenwave -- including the opening of Nucor Corporation's  ...