Ocean Power Technologies Confirms Shipment of AI capable Merrows™ PowerBuoy® for the Middle East

Group 1 - Ocean Power Technologies, Inc. has confirmed a shipment of its AI capable Merrows™ PowerBuoy® to a customer in the Middle East [1] - The company specializes in low-carbon marine power solutions and provides services for various sectors including defense, oil and gas, science and research, and offshore wind [2] - The Merrows™ PowerBuoy® integrates Maritime Domain Awareness Systems and offers clean electric power and real-time data communications for remote maritime applications [2] Group 2 - Ocean Power Technologies is headquartered in Monroe Township, New Jersey, with an additional office in Richmond, California [2] - The company also offers WAM-V® autonomous surface vessels and marine robotics services [2]