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Monday, January 18, 2021 8:55:29 PM
OPTT has been expanding quite rapidly putting many irons in the fire.
New office in Houston down where many oil companies HQ.
New reps in Indonesia and South Europe.
New board members that have extensive knowledge of their operations.
Relationships with Modus Seabed Intervention and Saab Seaeye seeking government funding.
Contracts with Deepstar and contract with ACET for the U. S. Navy's SLAMMR initiative.
Recently Taps SeaTrepid International for First Remote OPT PowerBuoy® Deployment to Chile.
The system will be deployed off the coast of Las Cruces as an autonomous offshore platform powering a suite of oceanographic sensors and transmitting real-time data back to land. OPT shipped a PB3 PowerBuoy® and several components to Chile this past spring.
As the balance of the equipment arrives in Chile, OPT project engineers are supplying detailed procedures and documentation and will use remote collaboration tools to guide local contractors through system assembly.
Imo Seatrepid is a very nice fit for Ocean Power Technologies and could be a test run for them.
So much can be monitored with this/these systems that they could completely disrupt the illegal fishing industry which is a huge problem, especially in places like Indonesia.
Illegal Fishing Costs Indonesia 3 Billion Dollars A Year
https://www.reportingasean.net/illegal-fishing-costs-indonesia-3-billion-dollars-a-year/
Lastly, The Biden Plan will:
Ensure the U.S. achieves a 100% clean energy economy and reaches net-zero emissions no later than 2050. On day one, Biden will sign a series of new executive orders with unprecedented reach that go well beyond the Obama-Biden Administration platform and put us on the right track. And, he will demand that Congress enacts legislation in the first year of his presidency that: 1) establishes an enforcement mechanism that includes milestone targets no later than the end of his first term in 2025, 2) makes a historic investment in clean energy and climate research and innovation, 3) incentivizes the rapid deployment of clean energy innovations across the economy, especially in communities most impacted by climate change.
So again, I don't think it's for no reason. It's imho that Ocean Power Technologies will be a major player in the not so distant future and some others may be in agreement.
As the ZEN Master says, we'll see. Best to you and all my friend.
Recent OPTT News
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:05:26 PM
- Ocean Power Technologies to Report fiscal 2024 Third Quarter Results on March 13, 2024 • GlobeNewswire Inc. • 02/21/2024 09:15:00 PM
- Ocean Power Technologies to Report fiscal 2024 Third Quarter Results on March 13, 2024 • GlobeNewswire Inc. • 02/21/2024 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:30:35 PM
- Ocean Power Technologies Receives Funding for AT&T 5G-Enabled PowerBuoy® Deployment in Monterey Bay • GlobeNewswire Inc. • 02/14/2024 01:15:00 PM
- Ocean Power Technologies Secures Orders Exceeding $1.25 Million for Fully Integrated WAM-V Unmanned Surface Vehicles • GlobeNewswire Inc. • 02/12/2024 09:15:00 PM
FEATURED Element79 Gold Corp Continues Fostering Local Community Engagement • Jun 4, 2024 9:08 AM
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