Ocean Power Technologies Confirms Shipment Of AI capable Merrows PowerBuoy For The Middle East
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Ocean Power Technologies (NYSE:OPTT) has confirmed the shipment of its AI capable Merrows PowerBuoy to a customer in the Middle East, marking a significant step in its low-carbon marine power solutions.
October 07, 2024 | 12:16 pm
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Ocean Power Technologies has confirmed the shipment of its AI capable Merrows PowerBuoy to a Middle Eastern customer, potentially boosting its revenue and market presence in the region.
The shipment of the AI capable Merrows PowerBuoy to the Middle East is a positive development for Ocean Power Technologies, as it signifies a successful sale and potential revenue increase. This move could enhance the company's market presence in the Middle East, a region with significant marine power needs.
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