Ocean Power Technologies Unveils Versatile New Generation of Buoy Systems [Yahoo! Finance]
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
Proactive to share exciting news about the launch of a new generation of buoy systems that mark significant advancements in the company's renewable energy technology. In an interview with Steve Darling from Proactive, Stratmann highlighted key features of these innovative buoy systems, which are designed to accommodate multiple renewable energy sources, including solar panels, wind turbines, and optionally, a wave power cartridge. One of the most notable improvements is the modular, common equipment system, which eliminates the need for externally moving parts. This design change not only enhances deployment flexibility worldwide but also reduces costs and prices associated with these systems. Additionally, it expands the deployable areas to include regions with variable wave activity, such as the Gulf of Mexico, and even areas where wave power is absent, such as river outlets. This increased versatility allows for broader average power production across different marine and freshwa
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- Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ ContractGlobeNewswire
- 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
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