Ocean Power Technologies Inc (OPTT)

[smeller]

"Prior to securing commercial orders of any significance, oil and gas end users require that a new system operate in the intended application for a set duration in order to prove out the application.
It is these specific demonstrations which we’re working toward and which highlights the need for strategic partnerships around the highest potential applications in order to achieve sustainable revenues." From 2nd quarter earnings call George Kirby middle of December 2016