Ocean Power (OPTT) Technologies announced the signing of a reseller agreement with Elektron, a Cartegena, Colombia based specialist in hydrographic and oceanographic instrumentation services. This partnership significantly expands OPT’s commercial footprint across Latin America, leveraging Elektron’s strong regional presence and deep relationships. Under the agreement, Elektron will offer sales, integration, and support services and includes a $4M purchase commitment for OPT’s full suite of intelligent maritime technologies, including the WAM-V Unmanned Surface Vehicles, the Next Generation PowerBuoy, and the AI-powered Merrows platform.
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