Ocean Power Technologies Receives Contract For WAM-V From Undisclosed Nordic Client

Ocean Power Technologies, Inc. (NYSE: OPTT) has secured a contract for a fully integrated WAM-V from an undisclosed Nordic client, marking an expansion of its operations in the region. The vehicle will be assembled and delivered immediately, enhancing the company's presence in underwater research solutions. This contract aligns with OPT's strategy to collaborate with end customers and governments in the Nordics.