Ocean Power Technologies secures key deal for WAM-V USV's in Latin America [Yahoo! Finance]
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
Ocean Power Technologies has announced the largest quantity order in its history, signifying a significant achievement for the company. A valued customer operating in the offshore energy service industry in Latin America has placed purchase orders for multiple WAM-V USVs (Wave Energy Marine Vehicles), representing a substantial investment totaling over $1.5 million. This milestone underscores OPT's continued expansion in the region and highlights the growing demand for its innovative solutions. Stratmann explained to Proactive that the WAM-V USVs will be deployed in hydrographic applications, leveraging their adaptability and reliability to provide the customer with a versatile multi-application solution. This landmark order not only demonstrates the effectiveness of OPT's technology but also solidifies the company's position as a leader in the marine robotics industry. By delivering unrivaled solutions that redefine possibilities in marine robotics, OPT is poised to meet the evolv
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News
- Ocean Power Technologies Unveils Versatile New Generation of Buoy Systems [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive Compensation [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive CompensationAccesswire
- Wave and Tidal Energy Market Size Projected to Surge $5.1 Billion Growth by 2033, Exhibit a CAGR of 12.5% [Yahoo! Finance]Yahoo! Finance
- 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