Core Insights - Greenwave Technology Solutions, Inc. has reported that its scrap metal inventories have surpassed $6 million in current market value, positioning the company to benefit from rising metal prices and increasing demand [1][2][8] - The company has strategically accumulated high-value steel, aluminum, and copper since President Trump's election, anticipating higher tariffs on imported metals, which is expected to drive revenue growth [3][8] - Greenwave's operational capabilities include a fleet of over 50 trucks, enabling efficient transportation and fulfillment of customer orders, thereby maintaining a robust liquidity position [2][4][8] Inventory and Market Position - The estimated value of Greenwave's inventories is driven by surging metal prices and increasing demand, with domestic scrap steel prices expected to continue climbing [2][8] - The company has completed a multi-year capital expenditure cycle, investing over $20 million in equipment and infrastructure to support its expansion [8] - Greenwave's primary customers remit payment on the same day as metal delivery, ensuring a steady cash flow [4][8] Industry Dynamics - The scrap metal industry is experiencing rapid consolidation, with steelmakers acquiring scrap companies to secure raw material supplies and mitigate operational risks [5] - Greenwave holds exclusive operational licenses for its metal recycling facilities, creating significant barriers to entry for competitors in tightly regulated markets [6][8] - The company operates strategically located facilities in Virginia, benefiting from proximity to major industrial hubs and a steady influx of scrap metal [10][11]

Group 1: Company Overview - Greenwave Technology Solutions, Inc. is a leading innovator in the metal recycling sector, operating 13 metal recycling facilities across Virginia, North Carolina, and Ohio [8] - The company aims to become the 1 junk car buying platform in the $32 billion U.S. auto recycling industry [5][4] - Greenwave's Scrap App is now utilized by one of the largest buyers of junk cars in the industry, indicating strong market penetration [5] Group 2: Product and Technology - Scrap App leverages AI technology to provide real-time, AI-generated quotes for junk vehicles, ensuring competitive pricing [7] - The platform has automated scheduling for vehicle pickups, which increases operational efficiency [7] - An AI Operator was deployed on January 27, 2025, developed at a cost of approximately $20,000, expected to yield significant annual cost savings and boost profit margins [6] Group 3: Market Expansion and Performance - Scrap App has expanded into three new key markets: Charlotte, NC, Winston-Salem, NC, and Columbia, SC, in addition to its five existing markets [4] - The company plans to continue expanding into multiple new markets every week, aiming to capture substantial market share [5] - From January 26 to February 1, 2025, Scrap App set a new weekly record in both the number of cars processed and revenue generated [1]

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 ...

Core Viewpoint - President Trump's announcement of significant tariffs on steel, aluminum, and copper imports is expected to drive price increases for domestically sourced metals, positioning Greenwave Technology Solutions, Inc. as a key supplier in the evolving market landscape [1][3][4]. Group 1: Tariff Impact on Revenue - The anticipated tariffs are expected to significantly accelerate revenue growth for Greenwave, with a projected gross profit margin of 40-45% [2]. - Greenwave's operations are entirely domestic, which aligns with the U.S. steel and metals industry's shift towards domestic sourcing [2]. Group 2: Market Position and Demand - Greenwave is strategically positioned in Virginia, North Carolina, and Ohio, making it a dominant supplier of mill-ready shred and recycled metals in the Mid-Atlantic region [2]. - The company is poised to capture a significant share of the expanding domestic metals market due to surging demand for American-sourced steel, aluminum, and copper [4]. Group 3: Strategic Partnerships - Greenwave supplies subsidiaries of major companies such as Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, and Georgia-Pacific, ensuring a reliable flow of mill-ready metals [3]. - The company's diverse sourcing network includes corporations, municipalities, and individuals, enhancing its operational capabilities [3]. Group 4: Company Overview - Greenwave Technology Solutions, Inc. operates 13 metal recycling facilities and plays a critical role in infrastructure projects and U.S. national security [5]. - The company is headquartered in Chesapeake, VA, and is focused on sustainably sourced metals [5].

Core Insights - Greenwave Technology Solutions, Inc. has launched an advanced AI-powered operator in its subsidiary, Scrap App, aiming to disrupt the $32 billion U.S. auto recycling market [1][8] - The AI operator enhances operational efficiency by providing real-time quotes, scheduling vehicle pickups, and handling customer inquiries [7][8] - Greenwave plans to expand Scrap App into the top 25 U.S. markets by the end of 2025, building on its existing presence in key cities [3][4] Company Overview - Greenwave operates 13 metal recycling facilities and supplies sustainably sourced metals to leading steel mills and industrial partners [5] - The company plays a critical role in infrastructure projects and U.S. national security, with operations across Virginia, North Carolina, and Ohio [5] Market Opportunity - The auto recycling industry is fragmented, presenting a significant market opportunity for Greenwave with a proven, scalable model [8] - A leading competitor in the industry reported $130.7 million in revenue for FY 2024, indicating the potential for Scrap App to capture significant market share [2][8] Strategic Focus - The company's focus on innovation and scalability is aimed at unlocking long-term shareholder value [4] - Automation through AI is expected to reduce operating costs, enhance scalability, and improve customer experience [2][8]

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 ...

Core Viewpoint - Greenwave Technology Solutions, Inc. is accelerating its recovery and monetization of rare earth metals amid global supply chain challenges, particularly due to China's export restrictions on critical materials [7]. Group 1: Financing and Capital Structure - The company has entered into a securities purchase agreement to raise approximately $4 million through a registered direct offering and concurrent private placement [1][2]. - The offering involves the sale of 7,544,323 shares of common stock at a price of $0.5302 per share, along with warrants to purchase an equal number of shares [2]. - Investors have agreed to a prohibition on short selling the company's common stock while holding warrants, aligning their interests with the company's long-term growth [10]. Group 2: Rare Earth Metals Recovery - Greenwave is leveraging advanced technologies to recover rare earth elements from high-value sources such as lithium batteries, solar cells, and electronic components [8]. - The company is evaluating the development of a dedicated rare earth recovery facility to meet the growing domestic demand for these materials [8]. Group 3: Strategic Positioning - Greenwave's recycling facilities are strategically located near Naval Station Norfolk and the Port of Virginia, benefiting from premium scrap metal streams sourced from military bases and defense contractors [9]. - The company plays a critical role in infrastructure projects and U.S. national security, with operations across Virginia, North Carolina, and Ohio [11].

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 ...