This paper describes first results obtained from the SWIM (Surface Waves Investigation and Monitoring) instrument carried by CFOSAT (China France Oceanography Satellite), which was launched on October 29 th , 2018. SWIM is a Ku-Band radar with a near-nadir scanning beam geometry. It was designed to measure the spectral properties of surface ocean waves. First, the good behavior of the instrument is illustrated. It is then shown that the nadir products (significant wave height, normalized radar cross-section and wind speed) exhibit an accuracy similar to standard altimeter missions, thanks to a new retracking algorithm, which compensates a lower sampling rate compared to standard altimetry missions. The off-nadir beam observations are analyzed in details. The normalized radar cross-section varies with incidence and wind speed as expected from previous studies presented in the literature. We illustrate that, in order to retrieve the wave spectra from the radar backscattering fluctuations, it is crucial to apply a speckle correction derived from the observations. Directional spectra of ocean waves and their mean parameters are then compared to wave model data at the global scale and to in situ data from a selection of case studies. The good efficiency of SWIM to provide the spectral properties of ocean waves in the wavelength range [70m-500m] is illustrated. The main limitations are discussed, and the perspectives to improve data quality are presented. 1

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In spite of continuous improvements of ocean wave models in the last decades, large errors still remain in particular under strongly forced conditions, often encountered in the Southern Ocean, where strong westerly winds generate some of the fiercest waves on Earth in almost unlimited fetch conditions. The newly launched China‐France Oceanography SATellite (CFOSAT) provides directional spectra of ocean waves for both wind seas and swells. Compared to Synthetic Aperture Radar (SAR), it can resolve shorter wavelengths in all directions, which dominate in non‐fully developed wind waves. Here, the assimilation of these CFOSAT wavenumber components is proved to bring more accurate predictions of wave growth compared to the assimilation of significant wave height alone. A notable reduction of model bias is found in the Southern Ocean, especially in the Pacific Ocean sector. Results further exhibit a downward shift of the wave age, consistent with theoretical wave growth curves.