Greenwave Technology Solutions, Inc. announced it is now operating a metal processing and equipment maintenance hub in Chesapeake, VA. Greenwave expects its profit margins on the metal processed through its Chesapeake facility will increase by 20-25% as a result of the Company preparing metal for steel mills, stripping wire and non-ferrous metals, and cutting metals to the proper size for shipping both international and domestic. The Company's Chesapeake location is optimally located in the heart of Hampton Roads' maritime industry, with access to both the interstate and the Elizabeth River.

Greenwave believes this facility provides the Company the infrastructure to continue its rapid expansion. Greenwave expects to open a 14th metal recycling facility in Richmond, VA in the coming weeks.