Greenwave Technology Solutions (GWAV) on Thursday said it won a contract to exclusively provide scrap metal recycling services to the city of Virginia Beach.
The contract is expected to generate over $500,000 in revenue for the company in its first year, based on estimates for 2023 scrap metal output, the company said.
Shares of Greenwave Technology were up more than 6% in recent trading.
Price: 0.44, Change: +0.03, Percent Change: +6.32
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