Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific's Project Overmatch' Mission Autonomy Proving Grounds
OPTTOcean Power Technologies(OPTT) GlobeNewswire News Room·2024-09-12 20:41

MONROE TOWNSHIP, N.J., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it has been awarded a follow-on contract valued at $1M as a subcontractor to EpiSci after the successful 12 month demonstration of its autonomous surface vehicle technologies during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch. Wi ...