Ocean Power Technologies Wins $5 Million U.S. Coast Guard PowerBuoy Contract

Reuters
01/06
<a href="https://laohu8.com/S/OPTT">Ocean Power Technologies</a> Wins $5 Million U.S. Coast Guard PowerBuoy Contract

Ocean Power Technologies Inc. (OPT) announced the award of a multi-buoy contract valued at over $5 million to deploy and operate MERROWS®-equipped PowerBuoy® systems for the U.S. Coast Guard under the U.S. Department of Homeland Security. The contract involves the near-term delivery of four maritime surveillance-equipped PowerBuoys® to support a mission off the coast of San Diego, California. The demonstration aims to provide persistent maritime domain awareness and enhance real-time monitoring capabilities. The project is being conducted in partnership with Anduril, integrating OPT’s PowerBuoy® platform with the Anduril Lattice C2 system.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9620267-en) on January 06, 2026, and is solely responsible for the information contained therein.

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