Ocean Power Technologies ships first PowerBuoy under USD 6.5 million DHS contract

Ocean Power Technologies, Inc. -4.68%

Ocean Power Technologies, Inc.

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  • Ocean Power Technologies shipped the first PowerBuoy system under a previously announced USD 6.5 million contract with the US Department of Homeland Security.
  • The system is intended to support maritime domain awareness operations for the US Coast Guard.
  • Deployment is planned off the coast of California following final site preparations and operational readiness procedures.
  • Integration work with Anduril is ongoing in parallel with the deployment effort.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603240815PRIMZONEFULLFEED9677207) on March 24, 2026, and is solely responsible for the information contained therein.

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