Ocean Power Technologies Provides Operational Update on Global Deployments and Infrastructure Development

Core Insights - Ocean Power Technologies, Inc. (OPT) has provided an operational update showcasing its advancements in offshore autonomy infrastructure and global deployments [1] Group 1: Operational Developments - The company has shipped a WAM-V, an autonomous surface vehicle, to Greece to support customer operations, expanding its international operational footprint in defense and commercial maritime markets [2] - OPT has transitioned its integrated docking and charging program from prototype to full-scale build, which includes autonomous docking and redeployment capabilities [2] - Orders have been placed for components to support system integration and open-water validation, with a target to launch its first early access commercial solution in 2026 [3] Group 2: Technological Advancements - The company is advancing its autonomous navigation and control capabilities through collaboration with Mythos AI, enhancing perception, decision-making, and functionality for reliable maritime operations [4] - The focus remains on disciplined execution across deployments, government programs, and infrastructure development to support scalable maritime autonomy for defense and commercial customers [5] Group 3: Company Overview - Ocean Power Technologies provides intelligent maritime solutions for various sectors, including defense, oil and gas, and offshore wind, with products like PowerBuoy platforms and WAM-V unmanned surface vehicles [6]