Ocean Power Technologies nearing PowerBuoy deployment for Naval Postgraduate School
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Ocean Power Technologies Inc (NYSE-A:OPTT) has completed the final assembly of its AI-capable Merrows PowerBuoy for the Naval Postgraduate School. The system integrates AT&T 5G technology and subsea sensors for Maritime Domain Awareness.
December 23, 2024 | 3:30 pm
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Ocean Power Technologies has completed its AI-capable Merrows PowerBuoy for the Naval Postgraduate School, integrating AT&T 5G technology and subsea sensors. This development could enhance OPTT's reputation in maritime solutions.
The completion of the Merrows PowerBuoy for a prestigious institution like the Naval Postgraduate School showcases OPTT's capabilities in advanced maritime solutions. The integration of AT&T 5G technology and subsea sensors positions OPTT as a leader in Maritime Domain Awareness, likely boosting investor confidence and potentially leading to positive short-term stock movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100