Ocean Power Technologies secures European contract for WAM-V system
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Ocean Power Technologies Inc (NYSE-A:OPTT) has secured a contract with a European offshore services provider for the delivery of a WAM-V system, marking its expansion into the EU market.
March 13, 2025 | 2:30 pm
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Ocean Power Technologies has secured a contract with a European offshore services provider for a WAM-V system, marking its entry into the EU market.
The contract signifies a strategic expansion for OPTT into the European market, potentially increasing its revenue and market presence. This positive development is likely to boost investor confidence and positively impact the stock price in the short term.
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