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Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE

Provided By GlobeNewswire

Last update: Sep 2, 2025

MONROE TOWNSHIP, N.J., Sept. 02, 2025 (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 it is shipping two WAM-V® Unmanned Surface Vehicles (“USV”) to Remah International Group (“RIG”), a privately held and UAE headquartered company with a focus on military services. RIG, in its roles as OPT’s defense partner in the UAE, is expected to use these vehicles to highlight their expeditionary capabilities and ability for autonomous ocean operations.

Read more at globenewswire.com

OCEAN POWER TECHNOLOGIES INC

NYSEARCA:OPTT (10/16/2025, 9:31:09 AM)

0.5587

+0 (+0.16%)



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