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Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group
Ocean Power TechnologiesOcean Power Technologies(US:OPTT) GlobeNewswire News Roomยท2024-10-16 12:15

Core Insights - Ocean Power Technologies, Inc. has shipped a WAM-V Unmanned Surface Vehicle to the UAE, following a partnership with Unique Group, an offshore services provider [1][2] - The WAM-V will be showcased at the ADIPEC event in Abu Dhabi, which will feature over 2,200 organizations from the global energy sector [1] - The CEO of OPT expressed optimism about increasing demand for services in the Middle East, particularly in the UAE, and anticipates meeting potential customers at ADIPEC [2] Company Overview - Ocean Power Technologies specializes in low-carbon marine power solutions, providing services for various sectors including defense, oil and gas, science, research, and offshore wind [3] - The company offers products such as PowerBuoy platforms for clean electric power and real-time data communications, as well as WAM-V autonomous surface vessels [3] - The headquarters is located in Monroe Township, New Jersey, with an additional office in Richmond, California [3]