Ocean power technologies announces teaming agreement with major international defense contractor to deploy maritime domain awareness solutions

Monroe township, n.j., april 16, 2024 (globe newswire) -- ocean power technologies, inc. (nyse american: optt) (“opt” or the “company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has signed a teaming agreement with a major international defense contractor to provide its merrows suite of solutions with a focus on certain geographic regions. this alliance is set to advance maritime domain awareness through opt's innovative maritime domain awareness solution (mdas).
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