Followers | 1870 |
Posts | 90259 |
Boards Moderated | 1 |
Alias Born | 09/02/2006 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, September 24, 2020 9:55:56 PM
This could have easily been forgotten by lots of folks.
Groundbreaking Carbon-Free Autonomous Subsea Vehicle Residency Solution Advances
Ocean Power Technologies, Modus Seabed Intervention & Saab Seaeye Project Seeks U.S. Government Funding
MONROE TOWNSHIP, N.J., March 10, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that it is working on a groundbreaking solution for carbon-free subsea autonomous underwater vehicle (AUV) residency – long-term, persistent deployment without support from manned vessels – with joint development partners Modus Seabed Intervention and Saab Seaeye.
Ocean Power Technologies’ PB3 PowerBuoy® wave energy converter is pictured with innovative single point mooring integrating power and data transmission connected to a subsea battery solution and autonomous underwater vehicle (AUV) charging station. Developed with Modus Seabed Intervention utilizing a Saab Seaeye Sabertooth AUV, the concept has been submitted for U.S. government development and demonstration project funding consideration.
16.5% of total annual spending happens in Sept before end of the fiscal year. It's a use it or lose it type thing.
The government spends 8.7% during the last week of Sept.
Spending is 4.9 times higher in the last week than compared with the weekly average for the rest of the year.
These stats are from 2018 but imo hasn't changed by much.
Recent OPTT News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 09:04:27 PM
- Ocean Power Technologies Launches Global 24/7 Service Support Offering • GlobeNewswire Inc. • 06/17/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:05:15 PM
- Ocean Power Technologies Completes Delivery of First Set of New WAM-Vs to Sulmara • GlobeNewswire Inc. • 06/11/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:05:32 PM
- Ocean Power Technologies Awarded Contract for Immediate Delivery of Unmanned Surface Vehicle to Offshore Construction Contractor • GlobeNewswire Inc. • 06/05/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 08:05:38 PM
- Ocean Power Technologies Completes Engineering of Merrows for Hot Climates • GlobeNewswire Inc. • 05/30/2024 12:00:00 PM
- Ocean Power Technologies Completes Operation with Multiple Unmanned Surface Vehicles for US Government • GlobeNewswire Inc. • 05/28/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 09:21:51 PM
- Ocean Power Technologies Successfully Demonstrates Counter Unmanned Underwater Vehicle Capability • GlobeNewswire Inc. • 05/14/2024 12:39:31 PM
- Ocean Power Technologies Announces Renewable Energy Production Milestone • GlobeNewswire Inc. • 05/13/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:05:36 PM
- Ocean Power Technologies Successfully Demonstrates Advanced AI Solutions in the North Atlantic • GlobeNewswire Inc. • 05/06/2024 12:15:00 PM
- Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract • GlobeNewswire Inc. • 04/30/2024 12:15:00 PM
- Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium • GlobeNewswire Inc. • 04/17/2024 12:15:00 PM
- Ocean Power Technologies Announces Teaming Agreement with Major International Defense Contractor to Deploy Maritime Domain Awareness Solutions • GlobeNewswire Inc. • 04/16/2024 12:15:00 PM
- Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions • GlobeNewswire Inc. • 04/09/2024 12:01:12 PM
- Ocean Power Technologies Announces Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions • GlobeNewswire Inc. • 04/08/2024 12:15:00 PM
- Ocean Power Technologies Announces “Merrows”: A Consolidated Solution for Maritime Domain Awareness • GlobeNewswire Inc. • 04/02/2024 01:33:27 PM
- Ocean Power Technologies to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10 • GlobeNewswire Inc. • 04/01/2024 08:30:00 PM
- Ocean Power Technologies Secures $1.5 Million in Purchase Orders for WAM-V USV's in Latin America • GlobeNewswire Inc. • 03/26/2024 12:15:00 PM
- Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results • GlobeNewswire Inc. • 03/13/2024 08:15:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 03/07/2024 01:26:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 02:07:30 PM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM