OPT to Deliver AI-Driven PowerBuoy to US Customer

Monday, March 24, 2025

Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.

This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast.

Due to the confidential nature of the contract, further details have not been disclosed.

"In addition to the material growth of our WAM-V business, we are excited to continue growing our PowerBuoy business. We believe that providing persistent and resident monitoring offers a lot of opportunities for our solutions in research and security applications.

“Offering proven technology solutions makes it easy for our potential customers to integrate additional WAM-V’s and PowerBuoys into their operations,” said Philipp Stratmann, CEO and President of OPT.

Categories: Offshore Energy Renewable Energy Subsea Industry News Activity North America Wave Energy

Related Stories

CorPower Ocean to Develop 5MW Wave Energy Farm off Scotland

SLB Launches New Well Completions Tech to Boost Production

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

Current News

Empire Wind Gets Green Light

Equinor, Polenergia Agree on Polish Offshore Wind Project

Denmark Plans Offshore Wind Tender With Up to $8.3 Billion Subsidy

Halliburton Launches EarthStar 3DX Horizontal Look-Ahead Resistivity Service

Subscribe for OE Digital E‑News