An experimental investigation has been performed regarding the operation of a new type of wave-generating gas disperser in a liquid in entrainment mode in a compressor-free environment. The wave-generating disperser and ejector-caused gas flow relationship with the water pressure at the disperser inlet under different design factors has been obtained. The gas bubbles’ average size has been measured in a biphase stream leaving the disperser. Recommendations for the selection of the disperser parameters have been submitted. The goal of this work is the simplification of plants intended for dispersing gas in a liquid, diminishing the gas bubbles’ size, and reducing the dispersion energy flow. This is a pressing problem for many chemical technology targets, for wastewater biological treatment systems, and for chlorinating or ozonizing tap water.