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Stock impact report

Ocean Power Technologies to Highlight Its Anchorless PowerBuoy™ at Global Maritime Exposition

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: GlobeNewswire
MONROE TOWNSHIP, N.J., April 06, 2018 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced today that it will be discussing its anchorless PowerBuoy™ at the Navy Forum for SBIR/STTR Transition in National Harbor, Maryland on Monday, April 9th. The Navy Forum has been a long-standing venue for connecting SBIR/STTR-funded technologies with other governmental entities, defense suppliers, and other potential partners and collaborators.  OPT’s anchorless PowerBuoy™ is a sponsored project by the Department of Defense Office of Naval Research, focused on a motion based, wave energy harvesting technology that is steerable to accommodate multiple concepts of operation such as self-propelling from a distance, and ship-based launch, operation, and recovery.  The device leverages proven OPT designs and capabilities such as energy storage and wave energy analysis.  OPT’s Principal Technologist, Dave Stewart, will be speaking during the event’s “Tech Talk” on Monday, April Show less Read more
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