OPT - Ocean Power Technologies announces multiple WAM-V 16s vehicle order from Sulmara

(NewsDirect)

Ocean Power Technologies CEO PhilippStratmann joined Steve Darling from Proactive to to share someexciting news.

OPT has secured asubstantial volume order from Sulmara, a prominent player in offshoreservices, for their cutting-edge WAM-V 16 uncrewed surface vehicles.Sulmara is a recognized leader in offshore survey services, and thisorder represents a milestone achievement as it stands as the largestsingle order of WAM-Vs in OPT's history.

Stratmann emphasized to Proactive thesignificance of this order, which amounts to a substantial $1.6million. What's even more remarkable is that production for thesestate-of-the-art vehicles is already well underway, ensuring that therevenue generated from this contract will be realized within thecurrent fiscal year.

The WAM-V 16,celebrated for its exceptional versatility, is poised to revolutionizethe way marine data is collected and utilized in the industry.Designed to seamlessly adapt to various marine environments andapplications, the WAM-V 16 offers unmatched reliability,maneuverability, and modularity.

This innovative technology empowers remote marine operationslike never before, opening up new horizons for offshore surveyservices and marine data collection. Sulmara's decision to placethis substantial order is a testament to the confidence they have inOPT's cutting-edge technology and the transformative impact itwill have on their operations.

As the offshore services sectorcontinues to evolve and demand for precise marine data increases,partnerships like this highlight OPT's commitment to deliveringgroundbreaking solutions that push the boundaries of what'spossible in the industry.

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