Wavefoil

Machinery Manufacturing • Ålesund, Møre og Romsdal, Norway • 1-10 Employees

Company overview

Headquarters	c/o Norwegian Maritime Competence Center, Borgundvegen 340, Ålesund, 6008, NO
Phone number	+47832004642
Website	wavefoil.com
NAICS	3327
SIC	373
Founded	2016
Employees	1-10
Socials

Key Contact at Wavefoil

Erlend Vastveit

Chief Technology Officer

Wavefoil Email Formats

Wavefoil uses 1 email format. The most common is {first initial} (e.g., j@wavefoil.com), used 100% of the time.

Format	Example	Percentage
{first initial}	j@wavefoil.com	100%

About Wavefoil

Wavefoil provides retractable bow foils that reduce fuel consumption and ship motions in waves. Fuel saving for suitable ships is typically in the range of 5-15%, while ship motions typically are reduced by 10-25%. A vessel operating in waves experiences increased resistance and decreased propulsion efficiency. This is effectively counteracted by the foils. In addition, the foils generate a thrust force due to the nature of an oscillating foil at forward speed – exploiting the same hydrodynamic principles as a swimming whale.

Wavefoil revenue & valuation

Annual revenue	$171,110
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Machinery Manufacturing industry and current estimated revenues	$547,552
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

Wavefoil has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Explore Wavefoil's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2020-08-29	1	N/A

Funding Insights

Number of funding rounds

Wavefoil Tech Stack

Discover the technologies and tools that power Wavefoil's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

Security

jQuery

JavaScript libraries

Nginx

Reverse proxies

Twenty Nineteen

WordPress themes

PHP

Programming languages

Open Graph

Miscellaneous

Font Awesome

Font scripts

WordPress

Blogs

Swiper

JavaScript libraries

jQuery Migrate

JavaScript libraries

Google Maps

Maps

MySQL

Databases

Frequently asked questions

Wavefoil is located in Ålesund, Møre og Romsdal, NO.

You can reach Wavefoil at +47832004642.

Wavefoil was founded in 2016, making it 10 years old. The company has established itself as a significant player in its industry over this time.

Wavefoil has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at Wavefoil

Erlend Vastveit

Chief Technology Officer

4.8

40,000 users