The Department of the Navy is seeking to identify parties with commercial interest in acquiring a 500-kilowatt wave energy converter currently located at a test site in Kane‘ohe Bay, Hawaii. The government seeks to determine the asset's commercial viability and will not award a contract from this announcement. Interested parties must submit a capabilities statement by 2:00 PM PST on 16 February 2026 and would be fully responsible for the device's removal and transportation. No budget information is specified. The notice is for market research only and is not a solicitation for proposals.