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home / news releases / OPTT - Ocean Power unveils breakthrough in autonomous maritime technology

OPTT - Ocean Power unveils breakthrough in autonomous maritime technology

Ocean Power Technologies Inc.

2023-08-17 08:04:53 ET

  • Ocean Power Technologies Inc ( NYSE: OPTT ) Thursday announced a pivotal achievement in the field of autonomous maritime technology.
  • During a presentation at the 10th Annual Maritime Security West (MARSEC West) event, OPT revealed the successful demonstration of the Wave Adaptive Modular Vessel (WAM-V) attaching itself remotely to a buoy and establishing a connection that will enable charging.
  • The successful connection that will enable charging represents a significant leap forward in the integration of renewable energy sources within the maritime industry.
  • OPTT +5% premarket to $0.49
  • Source: Press Release

For further details see:

Ocean Power unveils breakthrough in autonomous maritime technology
Stock Information
Company Name: Ocean Power Technologies Inc.
Stock Symbol: OPTT
Market: NYSE
Website: oceanpowertechnologies.com
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