Ocean Power Technologies Launches Global 24/7 Service Support Offering [Yahoo! Finance]
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has launched its Global 24/7 Service Support (“Services”). The Company was already servicing its Artificial Intelligence Capable Maritime Domain Awareness Solution, Merrows, in regions such as Latin America and Sub-Saharan Africa. In addition, OPT's customers have been deploying WAM-Vs Unmanned Surface Vehicles (“USV”) in Asia and the Company anticipates additional deployments of its PowerBuoys and WAM-Vs in the Middle East. The new Services offering gives customers the opportunity for 24/7 support with tiered options to maintain operations around the globe. This new offering creates an additional recurring revenue stream for OPT that is complementary to our existing products Philipp Stratman, CEO of OPT, expressed his enthusiasm about this Service offering, stating, "Our customers have consistently asked us to propose services
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News
- Ocean Power Technologies Signs OEM Agreement with Key Maritime Technology Provider Teledyne Marine [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Signs OEM Agreement with Key Maritime Technology Provider Teledyne MarineGlobeNewswire
- Ocean Power Technologies Reaches Agreement in Principle for Delivery of Multiple Unmanned Surface Vehicles to US Government [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Reaches Agreement in Principle for Delivery of Multiple Unmanned Surface Vehicles to US GovernmentGlobeNewswire
- Ocean Power Technologies Selected as Preferred Supplier for Delivery of AI capable Merrows Buoy in the Middle East [Yahoo! Finance]Yahoo! Finance
OPTT
Sec Filings
- 6/26/24 - Form 8-K
- 6/17/24 - Form 8-K
- 6/14/24 - Form 8-K
- OPTT's page on the SEC website