Ocean Power Technologies Selected As Preferred Supplier For PowerBuoy With AI-Enabled Maritime Domain Awareness Solution Merrows; Immediate Delivery In Middle East To Generate Current Quarter Revenues
Portfolio Pulse from Benzinga Newsdesk
Ocean Power Technologies has been selected as the preferred supplier for its PowerBuoy with AI-enabled maritime domain awareness solution, Merrows. The immediate delivery in the Middle East is expected to generate revenues in the current quarter.
June 24, 2024 | 12:15 pm
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Ocean Power Technologies has been chosen as the preferred supplier for its PowerBuoy with AI-enabled maritime domain awareness solution, Merrows. The immediate delivery in the Middle East is expected to generate revenues in the current quarter.
The selection of Ocean Power Technologies as the preferred supplier and the immediate delivery of their product in the Middle East is likely to positively impact their revenues in the current quarter. This news is highly relevant and important for investors as it indicates a successful partnership and immediate revenue generation.
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