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Ocean Power Technologies confirms shipment of AI-capable Merrows PowerBuoy to Middle East

Ocean Power Technologies Inc (NYSE-A:OPTT) has confirmed the shipment of its AI-capable Merrows PowerBuoy to a customer in the Middle East, marking an expansion of the Merrows offering in the region.

The Merrows PowerBuoy integrates seamlessly with Maritime Domain Awareness Systems and provides clean, reliable power and real-time data communications for various marine applications.

OPT delivers innovative maritime solutions for sectors such as defense, oil and gas, and offshore wind.