Ocean Power Technologies Announces Successful Completion of Its Lease Stage Gate Review and Significant Product Performance Validation Milestones
PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today the successful completion of the pre-requisite stage gate review with Mitsui Engineering and Shipbuilding (“MES”), which allows OPT to proceed with the PB3 shipment to Japan.- OPT also announced its operational performance validation for two PB3 PowerBuoys® currently deployed...
Read More »Ocean Power Technologies Announces Successful Completion of Its Lease Stage Gate Review and Significant Product Performance Validation Milestones
PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today the successful completion of the pre-requisite stage gate review with Mitsui Engineering and Shipbuilding (“MES”), which allows OPT to proceed with the PB3 shipment to Japan.Ã- OPT also announced its operational performance validation for two PB3 PowerBuoysî currently...
Read More »Ocean Power Technologies Announces New Contract with the U.S. Department of Defense Office of Naval Research
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has been awarded a contract (or “Contract”), valued at nearly $250,000, by the U.S. Department of Defense Office of Naval Research (“ONR”) to conduct the design of a new mass-spring oscillating PowerBuoy for mission critical sensors.- Such a PowerBuoy differs from the...
Read More »Ocean Power Technologies Announces New Contract with the U.S. Department of Defense Office of Naval Research
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has been awarded a contract (or “Contract”), valued at nearly $250,000, by the U.S. Department of Defense Office of Naval Research (“ONR”) to conduct the design of a new mass-spring oscillating PowerBuoy for mission critical sensors.Ã- Such a PowerBuoy differs from...
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Read More »Ocean Power Technologies Announces the Deployment of its First Commercially Designed PB3 PowerBuoy®
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today the deployment of its commercial design of the PB3 PowerBuoy-® approximately four miles off of the coast of New Jersey. The commercial PB3 incorporates multiple enhancements over early prototypes including a redesigned power take-off (“PTO”), a high-capacity, modular energy...
Read More »Ocean Power Technologies Announces the Deployment of its First Commercially Designed PB3 PowerBuoy-®
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today the deployment of its commercial design of the PB3 PowerBuoyÃ-® approximately four miles off of the coast of New Jersey.ÃÂ The commercial PB3 incorporates multiple enhancements over early prototypes including a redesigned power take-off (“PTO”), a high-capacity, modular...
Read More »Ocean Power Technologies Announces the Deployment of its PB3 PowerBuoy with Integrated Payload from National Data Buoy Center
Ocean Power Technologies Announces the Deployment of Its PB3 PowerBuoy with Integrated Payload from National Data Buoy Center PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has re-deployed the PB3-A1 PowerBuoy-® (“PB3 PowerBuoy” or “PB3-A1”) off the coast of New Jersey after completion of necessary repairs and...
Read More »Ocean Power Technologies Announces the Deployment of its PB3 PowerBuoy with Integrated Payload from National Data Buoy Center
Ocean Power Technologies Announces the Deployment of Its PB3 PowerBuoy with Integrated Payload from National Data Buoy Center PENNINGTON, N.J. - Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has re-deployed the PB3-A1 PowerBuoyÃ-® (“PB3 PowerBuoy” or “PB3-A1”) off the coast of New Jersey after completion of necessaryÃÂ ...
Read More »Ocean Power Technologies Partnered with the National Data Buoy Center
PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) today announced that it is partnering with the National Data Buoy Center (“NDBC”) under a Cooperative Research and Development Agreement (“CRADA”) to conduct ocean demonstrations of its innovative Self-Contained Ocean Observing Payload (“SCOOP”) monitoring system integrated into OPT’s APB350 PowerBuoy®. Considering...
Read More »Ocean Power Technologies Partnered with the National Data Buoy Center
PENNINGTON, N.J. -Ã- Ocean Power Technologies, Inc. (Nasdaq:OPTT) today announced that it is partnering with the National Data Buoy Center (“NDBC”) under a Cooperative Research and Development Agreement (“CRADA”) to conduct ocean demonstrations of its innovative Self-Contained Ocean Observing Payload (“SCOOP”) monitoring system integrated into OPT’s APB350 PowerBuoyî....
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Eliminate Expensive Repairs with the Hot-Shot Pipe Thawing Machine
The new Hot Shot Pipe Thawing Machine delivers an innovative and highly effective approach to thawing frozen pipes. Easy to use and versatile, it is loaded with robust features that further suit it to many challenging environments. To learn all about it, see our video.
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