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InvestorNewsBreaks – Greenwave Technology Solutions Inc. (NASDAQ: GWAV) to Generate Up to $35 Million from Army Corps of Engineers Contract
December 9, 2024

InvestorNewsBreaks – Greenwave Technology Solutions Inc. (NASDAQ: GWAV) to Generate Up to $35 Million from Army Corps of Engineers Contract

Greenwave Technology Solutions (NASDAQ: GWAV), a sustainable metal recycling leader, is set to generate $15–$35 million in revenue through a subcontract with Core Tree Care, Inc., tied to an Army Corps of Engineers prime contract. The company is contributing to recovery efforts following Hurricane Helene by processing and removing trees near Asheville, North Carolina, using advanced wood recycling equipment valued at $1.4 million each. Greenwave, led by Chairman and CEO Danny Meeks, leverages decades of expertise in disaster recovery and federal contracts to expand into new revenue streams while maintaining focus on high-value government contracts, including critical infrastructure projects and municipal recycling agreements.

To view the full press release, visit https://ibn.fm/PVDxN

About Greenwave Technology Solutions Inc

Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. (“Empire”), is an operator of 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The Company’s recycling facilities collect, classify, and process raw scrap metal (ferrous and nonferrous).

NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/GWAV

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