Good morning, ladies and gentlemen, and welcome to the Eco Wave Power mid-year 2022 earnings call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Mr. Rob Fink of FNK IR. Rob, over to you.

Thank you, operator, and welcome everyone to Eco Wave Power’s midyear 2022 earnings conference call. Hosting the call today is Inna Braverman, Eco Wave’s Co-founder and Chief Executive Officer. Before I turn the call over to Inna, I would like to remind everyone that matters discussed on this conference call will constitute forward looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements generally relate to the company's plan, objectives and expectations for future operations and are based on management's current estimates, projections and futures results or trends. Actual results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, please see risk factors as described in Eco Wave Power’s registration statements on Form F1 that have been filed with the SEC and which are available on the SEC’s website at sec.gov. With that said, I'd like to turn the call over to Inna. Inna, the call is yours.

Thank you, Rob, and I'm very excited to be here today and announce that we are well impressed towards achieving the goals that we have set for this year, and are also moving steadily towards the commercialization of Wave -- of our technology and of Wave Energy in general. And some of our investors may already know we have previously proven our technology in Gibraltar and during the first half of 2022, we have continued to advance key projects in strategic market for Eco Wave Power around the world. The first key market for Eco Wave Power is Israel, since this is the company’s base and we want to show success in our country of origin. Our most advanced project in Israel is the EWP-EDF One project in Jaffa port in Israel, which is executed in collaboration and co-investment from the Israeli Energy Ministry and EDF Renewables IL. The project is currently in final stages of grid connection and is soon expected to become fully operational. Recently, in August, the Israeli Electrical Authority has set a special Feed-in Tariff for the electricity produced from our Wave Energy pilot as part of our technology's recognition as pioneering technology by the Israeli Energy Ministry. I'm extremely proud of our project in Israel, which will become the first time in the history of Israel in which electricity from the Wave will be sent to Israel's national electrical grid. This will enable us to gradually position Wave Energy as part of Israel's future renewable energy mix. Two additional targeted market for Eco Wave Power are Europe and the United States. Europe is a key market for Eco Wave Power because of its high wave climate and energy generation potential. According to recent studies, Wave Energy is expected to generate 188 gigawatt, which is 10%…