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Tuesday, May 26, 2026

Ocean Power Technology announces U.S. expansion

Monroe Township-based Ocean Power Technologies (OPT) has expanded its global deployment footprint across the U.S. government, international, and research customers.

Ocean Power is a leader in innovative, cost-effective, low-carbon marine power, data, and service solutions.

OPT has increased its PowerBuoy® deployments from a single research-focused system to five concurrent deployments.

These include three systems supporting U.S. Department of Homeland Security activities, one system supporting Department of War research for the U.S Navy, and one additional deployment supporting a U.S.-based research institution.

This US expansion reflects a transition from initial research deployments toward broader multi-agency use, according to a release.

Internationally, OPT has expanded its presence with three WAM-V® autonomous surface vehicles and one PowerBuoy® deployed in the United Arab Emirates, as well as additional WAM-V deployments supporting customer activities in Taiwan and other regions.

The company said in a release that its increase in concurrent deployments across multiple regions and customers reflects growing demand for persistent offshore monitoring and autonomous maritime capabilities.

Earlier this month, Monroe Township-based Ocean Power announced progress in offshore charging and autonomous operations, supporting its industry-leading strategy to enable longer-duration, lower-cost maritime missions.

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