Ocean Power (OPTT) Technologies has completed its first WAM-V 22 sea trials for a customer with substantial operations in Sub Saharan Africa. The sea trials were carried out at OPT’s newly permitted test site in Southern New Jersey following site visits and operational reviews by the US Coast Guard.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPTT:
- Ocean Power Technologies Secures $25M Convertible Notes Deal
- Ocean Power awarded contract to provide multiple WAM-Vs for defense customer
- Ocean Power ships AI-capable Merrows PowerBuoy
- Ocean Power ships multi-day capable WAM-V for Indo-Pacific operations
- Ocean Power secures order for fully integrated WAM-V