Eco Wave Appoints New Vice President of Engineering to Accelerate Execution of the Projects

Source: www.gulfoilandgas.com 11/4/2024, Location: North America

Eco Wave Power Global AB (“Eco Wave Power” or the “Company”), a leading, publicly traded onshore wave energy technology company announced the appointment of Ran Atias as Vice President of Engineering for the Eco Wave Power Group.

Mr. Atias will begin his employment immediately and will be based in Eco Wave Power’s headquarters in Tel Aviv, Israel.

Mr. Atias holds an MBA and a B.Sc. in Mechanical Engineering from Ben-Gurion University and joins Eco Wave Power with a broad experience in the management of high-complexity mega projects, driving research and development, and managing diverse engineering teams. With more than 10 years of engineering experience, Ran has demonstrated success in product scaling across a variety of industries, including the automotive, defence and robotics industries.

Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, stated: “Ran brings an agile spirit to product and engineering teams. I believe that by challenging the status quo, he will be able to increase engineering efficiency and accelerate project delivery timelines. This will enable Eco Wave Power to execute more projects faster, which will drive the Company’s worldwide growth.”

“Thus far, Eco Wave Power has executed two grid connected projects (in Gibraltar and in Israel, in Collaboration with EDF Renewables IL) and is currently moving forward with its third, fourth and fifth projects in parallel. We have officially kicked-off the development and implementation of our first U.S.-based project in the Port of Los Angeles (with co-investment from Shell MRE), Taiwan (as part of a sale agreement entered with I-Ke International Ocean Energy Co.) and in Portugal (our first commercial project). As we plan to add more projects into our execution plans in the upcoming months and enhance the Company’s revenues, I believe that Ran will have a strategic value in achieving the Company’s goals,” added Ms. Braverman.

Mr Atias stated: “What attracted me to Eco Wave Power was the ability to transform the entire renewable energy industry. I am excited to join Eco Wave Power’s leadership team and leading its engineering team to contribute to Eco Wave Power’s success as the Company progresses to the next phase of its commercialization strategy.”

Mr. Atias will oversee all aspects of the Company’s engineering functions to facilitate alignment with its broader goals and objectives. He will be responsible for expanding the Company’s strategic technology development and implementation.

This strategic addition to its executive team underscores Eco Wave Power’s unwavering commitment to driving innovation and leadership within the wave energy industry, while accelerating the delivery of projects.


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