Ocean Power Technologies Announces “Merrows”: A Consolidated Solution for Maritime Domain Awareness [Yahoo! Finance]
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
MONROE TOWNSHIP, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced Merrows, a projected significant instep forward to enhance maritime domain awareness (MDA) and underline the critical importance of ocean security's role in national security. Merrows will be OPT's groundbreaking consolidated solution offering comprehensive ocean surveillance. This initiative, which builds on OPT's recently completed R&D efforts, demonstrates the company's commitment to safeguarding the world's oceans through advanced technology and innovation. Maritime Domain Awareness represents a complex challenge that encompasses the collection and transmission of data relating to all aspects of, on, under, adjacent to, or bordering on a sea, ocean, or other navigable waterway. OPT's approach to addressing this challenge involves the
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- Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium [Yahoo! Finance]Yahoo! Finance
OPTT
Sec Filings
- 4/26/24 - Form 8-K
- 4/22/24 - Form DFAN14A
- 4/17/24 - Form SC
- OPTT's page on the SEC website