Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys® in Latin America

OPT Expands Global Presence and Broadens Service OfferingsMONROE TOWNSHIP, N.J., Jan. 31, 2025 (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 a new partnership, with an initial $2 million of purchase orders in Latin America. The purchase orders are for OPT’s Next Generation PowerBuoys®, which utilize a combination of wave, solar, and wind power g ...