{"id":490639,"date":"2026-06-09T13:03:31","date_gmt":"2026-06-09T13:03:31","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/490639\/"},"modified":"2026-06-09T13:03:31","modified_gmt":"2026-06-09T13:03:31","slug":"ocean-power-technologies-reports-successful-powerbuoy-field-performance-for-us-coast-guard","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/490639\/","title":{"rendered":"Ocean Power Technologies reports successful PowerBuoy field performance for US Coast Guard"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/finance.yahoo.com\/quote\/OPTT\" data-ylk=\"slk:Ocean Power Technologies Inc (NYSE-A:OPTT);elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Ocean Power Technologies Inc (NYSE-A&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Ocean Power Technologies Inc (NYSE-A:OPTT)<\/a> has reported successful power generation from its MERROWS-equipped PowerBuoy system deployed off the coast of San Diego in support of US Coast Guard maritime domain awareness operations.<\/p>\n<p class=\"yf-1fy9kyt\">The system has generated close to 0.5MWh of energy to date and has maintained operational performance in an active maritime environment.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;This deployment represents an important validation of our technology, our operational capabilities, and our ability to deliver mission-critical maritime solutions on accelerated timelines,&#8221; said CEO Philipp Stratmann.<\/p>\n<p class=\"yf-1fy9kyt\">Senior vice president of commercial sales Jason Weed said the deployment&#8217;s performance, alongside integration with Anduril&#8217;s Lattice AI-powered command and control system, demonstrates the company&#8217;s readiness to support larger-scale programs.<\/p>\n<p class=\"yf-1fy9kyt\">The company said it is also implementing tools to improve operational decision-making and scale execution across manufacturing, deployment, logistics, and customer support.<\/p>\n<p class=\"yf-1fy9kyt\">Separately, OPT said its compensation committee has approved an inducement award of 65,000 restricted stock units to Rob O&#8217;Malley, hired as U.S. Defense Senior Director of Business Development. The RSUs will vest over nine months, subject to continued employment and achievement of certain performance targets.<\/p>\n<p class=\"yf-1fy9kyt\">O&#8217;Malley brings nearly two decades of experience in ocean, defense, and autonomous technologies.<\/p>\n<p class=\"yf-1fy9kyt\">Shares of OPT gained nearly 3% on Monday morning at $0.30.<\/p>\n","protected":false},"excerpt":{"rendered":"Ocean Power Technologies Inc (NYSE-A:OPTT) has reported successful power generation from its MERROWS-equipped PowerBuoy system deployed off the&hellip;\n","protected":false},"author":2,"featured_media":490640,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[246,61,60,206183,210767,126,82,118706],"class_list":["post-490639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-ie","tag-ireland","tag-ocean-power-technologies","tag-operational-capabilities","tag-performance","tag-science","tag-us-coast-guard"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/490639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=490639"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/490639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/490640"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=490639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=490639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=490639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}