Core Insights - Ocean Power Technologies, Inc. announced a significant upgrade to its AI-capable Merrows™ Maritime Domain Awareness Solution (MDAS), enhancing its capabilities as an ISR node for improved maritime domain awareness and autonomous collaboration across various platforms [1][3]. Product Enhancements - The upgraded Merrows™ system offers faster performance, greater stability, and improved security, enabling operators to maintain persistent surveillance in challenging environments [2]. - The system's flexibility allows multiple users to monitor different assets simultaneously, and it now integrates third-party feeds such as global AIS, weather data, and advanced mapping tools [2]. Strategic Importance - The CEO of Ocean Power Technologies emphasized that Merrows™ is becoming essential for maritime operations, supporting autonomous platforms and enhancing decision-making in complex maritime environments [3]. - The enhanced Merrows™ MDAS can operate independently or in conjunction with the company's PowerBuoy platforms and WAM-V Unmanned Surface Vehicles, creating tailored autonomous monitoring networks [3]. Company Overview - Ocean Power Technologies provides intelligent maritime solutions aimed at improving safety, environmental sustainability, and productivity in various sectors, including defense, oil and gas, science, and offshore wind [5]. - The company is headquartered in Monroe Township, New Jersey, with an additional office in Richmond, California [5].

Core Points - Ocean Power Technologies, Inc. has achieved ISO 9001 certification for its quality management system, reinforcing its commitment to quality and continuous improvement [1][2] - ISO 9001 is recognized globally as a standard for quality management, ensuring that organizations meet customer and regulatory requirements [2] - The certification highlights the company's transition to providing scalable and reliable maritime intelligence solutions, particularly for defense, energy, and research sectors [3] Company Overview - Ocean Power Technologies specializes in intelligent maritime solutions and services aimed at enhancing safety, cleanliness, and productivity in ocean operations [5] - The company's product portfolio includes the PowerBuoy, WAM-V Unmanned Surface Vehicles, and the Merrows™ Maritime Domain Awareness Solution, which integrates AI capabilities [5] - The headquarters is located in Monroe Township, New Jersey, with an additional office in Richmond, California [5]