Ocean power technologies announces doe award supporting phase ii development of next generation technologies

Monroe township, n.j., july 18, 2022 (globe newswire) -- ocean power technologies, inc. ("opt" or "the company") (nyse american: optt), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced that the u.s. department of energy (doe) selected the company for the phase ii development of a next-generation wave energy converter.
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