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Stock impact report

Ocean Power Technologies Announces Complimentary New Products

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: GlobeNewswire
Rapid, Low-Cost Development of New Products to Address Customer Demand Initiatives to Strengthen Industry Reach and Further Revenue Generation MONROE TOWNSHIP, N.J., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the expansion of their suite of complimentary products that leverage the core technology of the PowerBuoy™, which include subsea batteries and a hybrid (liquid-fueled) PowerBuoy™. George H. Kirby, President and Chief Executive Officer of OPT, commented, “Our team has been working diligently to identify opportunities to leverage our technologies to address the needs of current and potential customers in subsea environments. These new product offerings provide OPT with the means to better serve customers by expanding its product and service offerings. In addition, this allows us the opportunity to have broader discussions during each customer visit, providing Show less Read more
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