Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey

Group 1 - Ocean Power Technologies, Inc. has successfully completed its first WAM-V 22 sea trials for a significant customer operating in Sub Saharan Africa, conducted at its newly permitted test site in Southern New Jersey [1][2] - The completion of these sea trials allows the company to conduct year-round testing on both the East and West Coasts, facilitating quicker product delivery and reducing the time from booking to revenue recognition [2] - Ocean Power Technologies specializes in intelligent maritime solutions, including AI-capable systems for maritime domain awareness, PowerBuoy platforms for clean energy, and WAM-V unmanned surface vehicles [3]