Ocean Power Technologies Advances Autonomous Maritime Technology in U.S. Navy Project Overmatch

Proactive - Interviews for investors

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to share updates on OPT's recent completion of the second set of exercises as part of Project Overmatch, under a follow-on contract as a subcontractor to EpiSci. During these exercises, OPT deployed multiple WAM-V autonomous surface vehicles (ASVs) in the Mission Autonomy Proving Grounds to further support the U.S. military. Stratmann noted that the latest completion will support immediate revenue recognition, emphasizing the strategic importance of OPT’s ruggedized autonomous maritime technologies for enhancing operational capabilities. Following the successful initial round of exercises this summer, these latest deployments underline OPT’s commitment to advancing autonomous capabilities for the U.S. Navy and allied forces, positioning its WAM-V ASVs as a pivotal tool for the military’s future autonomous operations. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann, #USGovernmentContract, #OffshoreAutonomy, #MaritimeSecurity, #CommercialPlatforms, #GrowthStrategy, #BuoyBusiness, #VehicleBusiness, #InternationalExpansion, #ReadyToDeploy, #AutonomousSystems, #EconomicImpact, #ShippingLanes, #FreedomOfNavigation, #CostEffectiveSolutions, #LowEmissionTech, #SecurityInnovation, #GlobalShipping, #ProactiveNewsroom#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews