Ocean Power Technologies Highlights Demonstration Of Wave Adaptive Modular Vessel's Remote Connection To PowerBuoy For On-Water Charging
Portfolio Pulse from Benzinga Newsdesk
Ocean Power Technologies (OPTT) has demonstrated the remote connection of its Wave Adaptive Modular Vessel to PowerBuoy for on-water charging. This showcases the company's ability to provide renewable, offshore power solutions.

August 17, 2023 | 11:36 am
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Ocean Power Technologies' demonstration of its Wave Adaptive Modular Vessel's remote connection to PowerBuoy for on-water charging could potentially boost investor confidence in the company's renewable, offshore power solutions.
The successful demonstration of the remote connection of its vessel to PowerBuoy for on-water charging showcases Ocean Power Technologies' capabilities in providing renewable, offshore power solutions. This could potentially attract more investors, driving up the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100