Core Viewpoint - Greenwave Technology Solutions, Inc. is positioned to benefit significantly from anticipated copper tariffs announced by President Trump, which could lead to increased revenue due to its provision of 100% domestically-sourced recycled metals to major industry players [1][2]. Group 1: Company Overview - Greenwave operates 13 metal recycling facilities and supplies leading steel mills and industrial partners with 100% domestically-sourced metals [4]. - The company is headquartered in Chesapeake, Virginia, and plays a critical role in infrastructure projects and U.S. national security [4]. Group 2: Financial Outlook - Greenwave has raised its revenue guidance for Fiscal Year 2025 to between $47 million and $50 million [1]. - The company anticipates surging demand and expanding profit margins throughout Fiscal Year 2025 due to the shift in the U.S. steel and metals industry towards domestic sourcing [3]. Group 3: Market Position - Greenwave is recognized as one of the dominant suppliers of mill-ready shred and other recycled metals in the Mid-Atlantic region [3]. - Its strategic locations in Virginia, North Carolina, and Ohio position the company at the center of significant industry dynamics [3].
BNN Bloomberg Interviews Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks