Ocean Power stock soars after WAM-V deal with the US government
OPTTOcean Power Technologies(OPTT) Invezz·2024-06-27 00:23

Ocean Power Technologies Inc (NYSE: OPTT) witnessed a remarkable surge of 70% on Wednesday following its announcement of a preliminary deal. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. The company revealed its success in securing a sole source contract award for multiple WAM-Vs, which are set to be delivered to a department of the US Government. The contract will ultimately be awarded as a Firm-Fixed-Price purchase order through a noncompetitive ...