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
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Ocean Power unveils breakthrough in autonomous maritime technology