Ocean Power Technologies announces an achievement in the field of autonomous maritime technology. During a presentation by OPT’s VP of Global Sales and Marketing, Matt Burdyny, at the 10th Annual Maritime Security West event, OPT revealed a groundbreaking milestone: the successful demonstration of the Wave Adaptive Modular Vessel attaching itself remotely to a buoy and establishing a connection that will enable charging. This significant achievement was unveiled through a video, captured during on-water trials conducted earlier this month. “Our successful demonstration of a WAM-V remotely attaching itself to a buoy that will enable establishing a charging connection is a defining moment for OPT and the maritime technology sector as a whole,” stated Matt Burdyny after the presentation. “This achievement underscores our commitment to reshaping autonomous maritime operations by leveraging renewable energy for sustainable charging solutions.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OPTT:
- Ocean Power Technologies Unveils Breakthrough: WAM-V Demonstrates Remote Connection to PowerBuoy® for On-Water Charging
- UPDATE – Ocean Power Technologies, Inc.
- Ocean Power Technologies to Report 2023 First Quarter Results on September 13, 2023
- Paragon calls on Ocean Power to refrain from equity issuances
- Paragon files complaint to inspect books, records of Ocean Power