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Tuesday, October 27, 2026

Ocean Power venture to demonstrate offshore data centers powered by wave, wind, solar energy

Ocean Power Technologies and Stratum Holdings Corp. have proposed a collaboration to demonstrate offshore data center assets powered by renewable wave, wind, and solar energy.

Under the agreement, OPT would grant Stratum a limited, non-exclusive license to certain of its PowerBuoy patents for use in the demonstration program and make available certain prototype PowerBuoy assets. Stratum would make available certain graphics processing units and related equipment, including its latest generation NVIDIA B300 GPUs, and would pay OPT a monthly retainer.

The proposed collaboration would focus on integrating OPT’s PowerBuoy platforms with Stratum’s high-performance compute hardware to validate the feasibility of hosting edge AI inference and related workloads on systems powered primarily by onboard renewable generation, without a power umbilical to shore, according to the companies

OPT holds more than 60 issued patents worldwide relating to its PowerBuoy technology. These patents form the foundation of the PowerBuoy platform, which is designed to deliver persistent, renewable power and real-time communications in remote marine environments.

“By combining our patented PowerBuoy technology with Stratum’s GPU assets, we aim to demonstrate a practical path toward self-powered edge AI infrastructure that operates independently of shore-based power,” said Tracy Pagliara, acting president and CEO of Ocean Power.

Ocean Power, founded in 1984, has its global headquarters in Monroe Township, New Jersey, with an additional office in Richmond, California.

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