Ocean Power Technologies Unveils Breakthrough: WAM-V Demonstrates Remote Connection to PowerBuoy® for On-Water Charging
17 Agosto 2023 - 8:30AM
Ocean Power
Technologies, Inc.
("OPT" or "the
Company") (NYSE American:
OPTT), a leader in innovative and cost-effective
low-carbon marine power, data, and service solutions, is proud to
announce a pivotal achievement in the field of autonomous maritime
technology. During a presentation by OPT's VP of Global Sales and
Marketing, Matt Burdyny, at the 10th Annual Maritime Security West
(MARSEC West) event, OPT revealed a groundbreaking milestone: the
successful demonstration of the Wave Adaptive Modular Vessel
(WAM-V) attaching itself remotely to a buoy and establishing a
connection that will enable charging.
This significant achievement was unveiled through a compelling
video, captured during on-water trials conducted earlier this
month. The video showcases the docking of the WAM-V to a buoy,
exemplifying OPT's advanced autonomous capabilities. The successful
connection that will enable charging represents a significant leap
forward in the integration of renewable energy sources within the
maritime industry.
"Our successful demonstration of a WAM-V remotely attaching
itself to a buoy that will enable establishing a charging
connection is a defining moment for OPT and the maritime technology
sector as a whole," stated Matt Burdyny after the presentation.
"This achievement underscores our commitment to reshaping
autonomous maritime operations by leveraging renewable energy for
sustainable charging solutions."
By showcasing the successful docking of the WAM-V on-water, OPT
paves the way for a future where autonomous vessels can operate for
extended durations, opening doors to various applications within
the maritime domain.
Additionally, OPT's CEO, Philipp Stratmann, expressed his
enthusiasm about the achievement, stating, "Our team's success in
demonstrating remote docking that will enable charging capabilities
is a testament to OPT's leadership in advancing maritime
technology. This milestone propels us towards realizing a future
where sustainable energy and autonomous operations integrate
seamlessly."
For more information, please visit
www.oceanpowertechnologies.com.
ABOUT OCEAN POWER TECHNOLOGIES
OPT provides intelligent maritime solutions and services that
enable safer, cleaner, and more productive ocean operations for the
defense and security, oil and gas, science and research, and
offshore wind markets. Our PowerBuoy® platforms provide clean and
reliable electric power and real-time data communications for
remote maritime and subsea applications. We also provide WAM-V®
autonomous surface vessels (ASVs) and marine robotics services
through our wholly owned subsidiary Marine Advanced Robotics. The
Company’s headquarters are located in Monroe Township, New Jersey
and we have offices in Houston, Texas, and Richmond, California. To
learn more, visit www.OceanPowerTechnologies.com.
FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements that are
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are
identified by certain words or phrases such as "may", "will",
"aim", "will likely result", "believe", "expect", "will continue",
"anticipate", "estimate", "intend", "plan", "contemplate", "seek
to", "future", "objective", "goal", "project", "should", "will
pursue" and similar expressions or variations of such expressions.
These forward-looking statements reflect the Company’s current
expectations about its future plans and performance. These
forward-looking statements rely on a number of assumptions and
estimates which could be inaccurate and which are subject to risks
and uncertainties. Actual results could vary materially from those
anticipated or expressed in any forward-looking statement made by
the Company. Please refer to the Company’s most recent Forms 10-Q
and 10-K and subsequent filings with the SEC for a further
discussion of these risks and uncertainties. The Company disclaims
any obligation or intent to update the forward-looking statements
in order to reflect events or circumstances after the date of this
release.
CONTACT INFORMATION
Investors: 609-730-0400 x401 or
InvestorRelations@oceanpowertech.com
Media: 609-730-0400 x402 or
MediaRelations@oceanpowertech.com
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