Core Insights - Greenwave Technology Solutions, Inc. has selected GreenSpark as its core platform to enhance operational efficiency and revenue growth in the metal recycling sector [1][3] - GreenSpark has raised approximately $25 million from notable investors, indicating strong momentum with a customer base growth of over 300% in the past year [2][6] - The partnership is expected to significantly contribute to Greenwave's revenue and margin growth starting in March 2025, aligning with its ambitious growth plans [3][4] Company Overview - Greenwave operates 13 metal recycling facilities and supplies 100% U.S.-sourced metals to major industry players, playing a critical role in infrastructure and national security [5] - GreenSpark provides AI-driven software solutions aimed at improving customer relationships and increasing revenue and profit margins for metal recyclers [6] Market Position - The integration of GreenSpark's platform positions Greenwave alongside over 500 top-tier scrap yard locations, enhancing its competitive edge in the multi-billion-dollar scrap metal industry [3][4] - Greenwave has recently raised its 2025 revenue outlook to between $47 million and $50 million, reflecting robust growth influenced by market conditions [7]
Greenwave Technology Solutions, Inc. Selects GreenSpark as Operating System to Drive Rapid Growth