Private company
Cape Fear Public Transportation Authority
Logo: WaveTransit, CC BY-SA 4.0, via Wikimedia Commons3
Public transportation operator in North Carolina, US
The Cape Fear Public Transportation Authority, operating as Wave Transit, is the public transportation operator for the metro area of Wilmington, North Carolina. Sixteen regular routes are provided, with all but one running seven days per week. A free downtown shuttle also runs using road trolleys.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersWilmington1
- Websitewww.wavetransit.com
See how the biggest companies compare on our leaderboards

The Cape Fear Public Transportation Authority, operating as Wave Transit, is the public transportation operator for the metro area of Wilmington, North Carolina. Sixteen regular routes are provided, with all but one running seven days per week. A free downtown shuttle also runs using road trolleys.2
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Federal grants $106.6M
Figures by year
| Year | Federal grants | Total |
|---|---|---|
| 2026 | $5.8M | $5.8M |
| 2025 | $10.2M | $10.2M |
| 2024 | $4.4M | $4.4M |
| 2023 | $3.9M | $3.9M |
| 2022 | $4.5M | $4.5M |
| 2021 | $2.6M | $2.6M |
| 2020 | $10.3M | $10.3M |
| 2019 | $5.1M | $5.1M |
| 2018 | $7.7M | $7.7M |
| 2017 | $5.9M | $5.9M |
| 2016 | $3.4M | $3.4M |
| 2015 | $9.8M | $9.8M |
| 2014 | $4.1M | $4.1M |
| 2013 | $5.6M | $5.6M |
| 2012 | $9.4M | $9.4M |
| 2011 | $1.9M | $1.9M |
| 2010 | $4.6M | $4.6M |
| 2009 | $3.2M | $3.2M |
| 2008 | $4.3M | $4.3M |
Federal awards
Obligated amounts from USAspending.gov5, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest grants
- Jul 10, 2023$7.9M from Federal Transit Administration: Federal Transit Formula Grants6 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-2023-040
- Apr 17, 2020$6.9M from Federal Transit Administration: Federal Transit Formula Grants7 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-2020-009
- Apr 24, 2012$6.0M from Federal Transit Administration: Federal Transit_Capital Investment Grants8 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-04-0043-00
- Oct 1, 1999$4.7M from Federal Transit Administration: Federal Transit Formula Grants; Federal Transit_Formula Grants9 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-2016-029
- Sep 9, 2010$4.3M from Federal Transit Administration: Federal Transit_Formula Grants10 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-90-X438-02
- Jun 15, 2022$4.2M from Federal Transit Administration: Federal Transit Formula Grants11 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-2022-031
- $4.1M from Federal Transit Administration: Federal Transit Formula Grants12 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-2017-015
- Feb 25, 2013$3.8M from Federal Transit Administration: Federal Transit_Formula Grants13 To CAPE FEAR PUBLIC TRANSPORTATION AUTHORITY Award NC-90-X525-00
Links
- Websitewww.wavetransit.com1
- X (Twitter)x.com/WaveTransitILM1
- Facebookwww.facebook.com/WaveTransitILM1
- WikipediaCape Fear Public Transportation Authority
- WikidataQ5034793
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6USAspending.govNC-2023-040: Federal Transit Administration
- 7USAspending.govNC-2020-009: Federal Transit Administration
- 8USAspending.govNC-04-0043-00: Federal Transit Administration
- 9USAspending.govNC-2016-029: Federal Transit Administration
- 10USAspending.govNC-90-X438-02: Federal Transit Administration
- 11USAspending.govNC-2022-031: Federal Transit Administration
- 12USAspending.govNC-2017-015: Federal Transit Administration
- 13USAspending.govNC-90-X525-00: Federal Transit Administration