Ocean Power Technologies Signs $0.5M Extension to Provide WAM-V® 22 for ongoing Activities Overseas

April 21, 2023

https://www.globenewswire.com/news-release/2023/04/21/2651883/9069/en/Ocean-Power-Technologies-Signs-0-5M-Extension-to-Provide-WAM-V-22-for-ongoing-Activities-Overseas.html

MONROE TOWNSHIP, N.J., April 21, 2023 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative, cost-effective, and autonomous low-carbon marine data, power, and consulting service solutions, is pleased to announce a $0.5M extension of its contract to continue providing their WAM-V® 22 Autonomous Surface Vehicle (USV) asset to a US Government Agency Overseas for ongoing autonomous maritime activities.

Read more at globenewswire.com

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