Ocean Power Technologies ships PowerBuoy and WAM-V demonstrating accelerated innovation for defense

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2d ago 3:46

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Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce the shipment of a Merrows™-capable PowerBuoy® to support demonstrations for defense and security applications, including both surface and subsea monitoring. The deployment comes as part of a collaboration agreement signed last year with a major international defense contractor, targeting specific strategic regions. According to Stratmann, the simultaneous shipment of both a buoy and a vehicle in the same week underscores the company’s operational evolution and momentum. In addition to the buoy, Stratmann highlighted the shipment of a WAM-V® 22’, an autonomous surface vehicle engineered for offshore survey missions. The WAM-V® is equipped with 24/7 operational payload capacity, allowing it to operate for multiple days without needing to return to base. It recently completed a successful demonstration in which it conducted a three-day fully remote, continuous survey, while deploying a simulated payload. Stratmann emphasized that these deployments reflect OPT’s growing capabilities in supporting complex, autonomous maritime operations—especially in environments where persistent, unmanned monitoring is critical. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann, #USGovernmentContract, #OffshoreAutonomy, #MaritimeSecurity, #CommercialPlatforms, #GrowthStrategy, #BuoyBusiness, #VehicleBusiness, #InternationalExpansion, #ReadyToDeploy

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