A wave energy converter for compressing air from the movement of waves of a body of water is provided. The wave energy converter includes a middle cylinder upon which an upper cylinder slides thereon and in which a lower cylinder slides therewithin. An upper and lower compression chamber disposed within the upper and lower cylinders allows air to be drawn therewithin and compressed when the upper and lower cylinders are moved relative to the middle cylinder as waves progress through their wavelength from crest to trough and vice versa.