Ocean Power Technologies Appoints Authorized Service Partner 3B General Trading & Contracting Co. W.L.L. In Kuwait For PowerBuoys And WAM-Vs
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Ocean Power Technologies (NYSE:OPTT) has partnered with 3B General Trading & Contracting Co. in Kuwait to explore offshore energy projects, deploying WAM-V autonomous vehicles and Next Generation PowerBuoys.
October 14, 2024 | 12:21 pm
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Ocean Power Technologies has signed an agreement with 3B General Trading & Contracting Co. in Kuwait to explore offshore energy projects, including the deployment of WAM-V autonomous vehicles and PowerBuoys.
The partnership with 3B General Trading & Contracting Co. in Kuwait represents a strategic expansion for Ocean Power Technologies into the Middle Eastern market. This could lead to increased demand for their innovative marine solutions, potentially boosting OPTT's revenue and market presence.
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