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Ocean Power Technologies ships PowerBuoy and WAM-V demonstrating accelerated innovation for defense

Author
Proactive Investors
Published
Thu 01 May 2025
Episode Link
https://proactive-interviews-for-investors.simplecast.com/episodes/ocean-power-technologies-ships-powerbuoy-and-wam-v-demonstrating-accelerated-innovation-for-defense-ozvZw3Tv

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce the shipment of a Merrows™-capable PowerBuoy® to support demonstrations for defense and security applications, including both surface and subsea monitoring. The deployment comes as part of a collaboration agreement signed last year with a major international defense contractor, targeting specific strategic regions. According to Stratmann, the simultaneous shipment of both a buoy and a vehicle in the same week underscores the company’s operational evolution and momentum.

In addition to the buoy, Stratmann highlighted the shipment of a WAM-V® 22’, an autonomous surface vehicle engineered for offshore survey missions. The WAM-V® is equipped with 24/7 operational payload capacity, allowing it to operate for multiple days without needing to return to base. It recently completed a successful demonstration in which it conducted a three-day fully remote, continuous survey, while deploying a simulated payload.

Stratmann emphasized that these deployments reflect OPT’s growing capabilities in supporting complex, autonomous maritime operations—especially in environments where persistent, unmanned monitoring is critical.

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