New Wave Announces Investment in Cartwheel Robotics
Vancouver, BC, June 13, 2025 – New Wave Holdings Corp. (“New Wave” or the “Company”) (CSE:NWAI, FWB:0XM0, OTCPK:TRMNF) is pleased to announce that it has made a strategic investment of US$150,000 into Cartwheel Robotics Inc. (“Cartwheel Robotics”).Founded in 2021, Cartwheel Robotics develops and builds advanced robotics products and provides engineering services to businesses looking to solve complex problems. CartwheelRobotics’ interdisciplinary team has experience working on some of the most sophisticated and disruptive robotics platforms in the world.
Cartwheel Robotics was founded and is led by Scott LaValley, who serves as the company’sChief Executive Officer and Chief Technology Officer. Mr. LaValley brings extensive experience in robotics engineering and design from prominent companies, including Disney, Google, BostonDynamics, QinetiQ, and NACIO Systems.The company is engaged in a broad array of functions within the physical AI and humanoids industry, from prototyping new products using cutting-edge manufacturing techniques to delivering packaged, production-ready designs. By taking a holistic approach to every design challenge, Cartwheel Robotics delivers durable, high-quality products to their customers and partners for use in their specific applications.
New Wave’s investment in Cartwheel Robotics will accelerate the development and commercial deployment of the company’s advanced humanoid products and solutions. These initiatives include key R&D initiatives, as well as executing important go-to-market and commercialization plans.“We are thrilled to announce our inaugural investment in this sector with Cartwheel, a company driven by an exceptional team. This strategic step underscores our confidence in their vision and our commitment to advancing innovation in this space,” Chief Executive Officer of New Wave.“Our investment in Cartwheel Robotics represents a bold step into the future of intelligent automation. As humanoid robotics shifts from concept to commercial reality, we believe Cartwheel’s cutting-edge technology, strong bench of talent, and innovative manufacturing practices position the company to be a category leader in this transformative space.”
ABOUT NEW WAVE HOLDINGS CORP
New Wave Holdings Corp. (CSE:NWAI, FWB:0XM0, OTCPK:TRMNF) is an investment issuer that has been focused on supporting innovative and fast-growing companies within the E-Sports,Artificial Intelligence, Blockchain, and Web3 sectors.Investors interested in connecting with New Wave Holdings can learn more about the Company by contacting Joshua Matettore, Chief Executive Officer.For further information please contact: Joshua Matettore, Chief Executive Officer, New WaveHoldings Corp., (604) 602-0001
ON BEHALF OF THE BOARD OF DIRECTORS
Anthony ZelenDirector
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