Ocean Power Technologies Announces Patent Pending on Innovative Docking and Recharging Buoy Technology

MONROE TOWNSHIP, N.J., Aug. 01, 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 the filing of a patent pending for its groundbreaking docking and recharging buoy technology, specifically designed for the Wave Adaptive Modular Vessel (WAMV) Unmanned Surface Vehicle (USV). This advanced system has already been successfully demonstrated, showcas ...