OPTT - Why Ocean Power Shares Are Gaining Today | Benzinga
Ocean Power Technologies, Inc. (AMEX:OPTT) shares are trading higher after the company announced it partnered with Unique Group for autonomous vehicle services in the Middle East.
Unique has more than 600 employees and 20 operational bases around the world.
The companies plan to deploy Ocean Power Technologies’ existing WAM-V Unmanned Surface Vehicles in the UAE and other countries in the Gulf Collaboration Council region.
Combining the company’s available vehicles with Unique’s prominent role in the UAE’s offshore energy sector will expedite the adoption of USVs in the region, according to a press ...