Ocean Power Technologies (OPTT, Financial) has dispatched a PowerBuoy equipped with its Merrows technology to demonstrate its durability and effectiveness in defense and security roles. This initiative is part of OPTT's collaboration with a significant global defense partner, aimed at showcasing Merrows' capabilities in surface and underwater monitoring across specific regions.
Philipp Stratmann, the CEO and President of Ocean Power Technologies, highlighted the strategic progress made in strengthening the company's offerings in offshore intelligence and surveillance. OPTT's commitment to enhancing maritime security through innovative solutions is evident in this latest undertaking, marking a significant advancement in their ongoing global security initiatives.
