OPT Sends Off WAM-V USV for Indo-Pacific Operations
Marine power, data and service solutions company Ocean Power Technologies (OPT) has shipped its WAM-V unmanned surface vehicle (USV) for Indo-Pacific operations.The WAM-V features autonomous capabilities and is designed to provide offshore surveys with 24/7 operational payloads for multiple days without requiring a return to base.This unit recently completed demonstration, conducting a three day fully remote, continuous survey operation, while deploying a simulated survey payload."This is a great milestone for OPT. The vastness of the Pacific Ocean makes this an important capability for our
OPT to Deliver AI-Driven PowerBuoy to US Customer
Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast.Due to the confidential nature of the contract, further details have not been disclosed."In addition to the material growth of our WAM-V business, we are excited to continue growing our PowerBuoy business. We believe that providing persistent and resident monitoring offers a lot of opportunities for our solutions in research and security applications
OPT Bags WAM-V Order from European Offshore Services Provider
U.S.-based Ocean Power Technologies has secured a contract from a new European Offshore Services Provider for a fully integrated unmanned surface vehicle WAM-V, set for near term delivery.The contract expands the company’s previously announced expansion into certain regions to the European Union, working with end customers and resellers.The vehicle will be assembled immediately and shipped to the customer. Training and services will be provided in-country, according to OPT."Securing this contract is testament to demand for our systems in the market. Recent efforts globally, whether focused
OPT Scoops $2M PowerBuoy Order from Latin America
Marine power, data and service solutions company Ocean Power Technologies (OPT) has booked $2 million order for its wave, solar, and wind power generation PowerBuoy from a customer in Latin America.OPT’s next generation PowerBuoy, to be delivered to unnamed customer, can be deployed for long durations in water depths ranging from coastal to deep ocean water and support payload above and below the surface.The systems can be equipped with a range of communication solutions."We are thrilled to add PowerBuoys to our offering in Latin America. This order builds on the growth of our WAM-V solutions
OPT Assembles PowerBuoy Bound for Naval Postgraduate School
Ocean Power Technologies (OPT) has finalized the main assembly of the AI-capable PowerBuoy for Naval Postgraduate School, ahead of shipment planned for early 2025.The full system, which includes installing AT&T 5G technology and integrating advanced subsea sensors into a PowerBuoy equipped with OPT’s latest Merrows suite for AI capable seamless integration of Maritime Domain Awareness (MDA) across platforms, is now being readied for shipment.Once deployed, the PowerBuoy will provide continuous, autonomous monitoring and data collection capabilities in one of the world’s most strategicall
OPT Wraps Up Second Set of WAM-V Trials US Navy
Ocean Power Technologies (OPT) has completed the second set of exercises for several of its WAM-V autonomous surface vehicles during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.The tests are part of the previously announced follow-on contract as a subcontractor to EpiSci and Naval Information Warfare Center Pacific’s Project Overmatch.Under this contract, OPT continues to enhance the operational capability of its autonomous maritime technologies to support the U.S. military and its allies. The first set of exercises was concluded over the summer and the completion of
OPT Teams Up with Brazilin Institute for Autonomous Ocean Developments
Ocean Power Technologies Signs (OPT) has signed a memorandum of understanding (MoU) with Brazil’s SENAI to advance autonomous ocean developments.OPT and SENAI, short for Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil, will jointly explore blue economy opportunities including deployment of WAM-V autonomous and unmanned surface vehicles and Next Generation PowerBuoys equipped with AI capable Merrows.The agreement follows recent discussions between SENAI and OPT in Brazil."As we continue our growth, we are
OPT Bags $1M Contract from US Navy for Autonomous Maritime Tech
Ocean Power Technologies (OPT) been awarded a follow-on contract valued at $1 million to further advance the operational capability of its autonomous maritime technologies to support the U.S. military and its allies.OPT secured the follow-on contract as a subcontractor to EpiSci after the successful 12-month demonstration of its autonomous surface vehicle technologies during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.With this award, OPT will continue to ruggedize and enhance its operational capability of its autonomous maritime technologies to support the U.S. military
OPT Set to Deliver New WAM-V to Latin America
Ocean Power Technologies has completed the construction of a new unmanned surface vehicle WAM-V, which is now ready for delivery to a survey customer in Latin America.The delivery is part of OPT’s previously announced expansion into the region, working with end customers and resellers.According to the company, the construction milestone triggers revenue recognition of the fully integrated system, including survey equipment."We believe that the delivery of this vehicle is testament to the execution ability of our team and our ability to deliver fully integrated systems, including survey
February 2025
