{"id":867859,"date":"2025-07-09T08:35:13","date_gmt":"2025-07-09T12:35:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/"},"modified":"2025-07-09T08:35:13","modified_gmt":"2025-07-09T12:35:13","slug":"ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/","title":{"rendered":"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School"},"content":{"rendered":"<h2>\nSystem includes AT&amp;T\u00ae 5G technology for seamless Maritime Domain Awareness<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">MONROE TOWNSHIP, N.J., July  09, 2025  (GLOBE NEWSWIRE) &#8212; <strong>Ocean Power Technologies, Inc. (NYSE American: OPTT) (\u201cOPT\u201d or the \u201cCompany\u201d),<\/strong> a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful installation of its previously contracted PowerBuoy<sup>\u00ae<\/sup> system for the Naval Postgraduate School (NPS).<\/p>\n<p>The full system, now deployed in Monterey Bay, integrates AT&amp;T<sup>\u00ae<\/sup> 5G technology and advanced subsea sensors into OPT\u2019s latest PowerBuoy<sup>\u00ae<\/sup> equipped with its proprietary Merrows\u2122 suite\u2014designed for AI-capable, seamless Maritime Domain Awareness (MDA) integration across manned and unmanned platforms. The PowerBuoy<sup>\u00ae<\/sup> will provide continuous, autonomous monitoring and data collection in one of the world\u2019s most strategically significant maritime regions and is configured to support additional environmental sensors from NPS or other research partners.<\/p>\n<p>This marks another milestone in the execution of OPT\u2019s strategic plan to deliver advanced, persistent offshore infrastructure that supports defense, security, and research missions.<\/p>\n<p>\u201cWe are excited to complete this installation and move into the lease phase of our contract with NPS,\u201d said Philipp Stratmann, CEO of Ocean Power Technologies. \u201cThis deployment enables our current and future customers to evaluate the PowerBuoy<sup>\u00ae<\/sup> with AI-capable Merrows\u2122 technology as a critical asset for enhancing maritime security and operational awareness above and below the surface. The collaboration with AT&amp;T<sup>\u00ae<\/sup> also demonstrates how PowerBuoys<sup>\u00ae<\/sup> can serve as 5G communications nodes along the U.S. coastline. As the demand grows for rapidly deployable maritime systems, OPT\u2019s differentiated technology and expanding partnerships will accelerate the growth of our services business.\u201d<\/p>\n<p>\u201cAt AT&amp;T, we modernize network infrastructure to support the technologies of the future,\u201d said Wes Anderson, President Public Sector, AT&amp;T. \u201cThat\u2019s why we\u2019re proud to have launched a 5G cell site at sea with the Navy, Naval Postgraduate School, and OPT. This collaboration fuels our commitment to developing 5G and edge computing solutions for manned and unmanned naval platforms that support national defense, homeland security, and the maritime community.\u201d<\/p>\n<p>For additional information about OPT, please visit our website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2J080OyQhAtmfD7jDndFuFc4nd-FOUaHoXh1fPPIxWiaswHISRWkN7LUVyoAbrhva3Br_UValfJbdwwf8AtPNreaQLNH5n4oBgho8PGUy49whFnd2iuf30zVwzfuQ2pX\" rel=\"nofollow\" target=\"_blank\">Ocean Power Technologies<\/a>.<\/p>\n<p>\n        <strong>ABOUT OCEAN POWER TECHNOLOGIES<\/strong>\n      <\/p>\n<p>OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows\u2122, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy<sup>\u00ae<\/sup> platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V<sup>\u00ae<\/sup> unmanned surface vehicles (USV\u2019s) and marine robotics services. The Company\u2019s headquarters is located in\u00a0Monroe Township, New Jersey\u00a0and has an additional office in\u00a0Richmond, California. To learn more, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3SzdY8pxcQvvjr9-i6Nk1S6sDXMDF_k0hlz6Ei2aJZIqDTAn_XR6nm6s_uABGQCOW0hqvWk5icLaYNfdyd4OyJ3duy2x6bKt5F4k_tAc8WoJmPBdvFC7msSya6dDMbDPQlQN0uiADn2lElNQN7wuUlFA4u2Vsev1NWcL5UdgE4jLpm824v87LuiWtd9zbvsTQu16Xx9N8iJDT-msAYJm-IrPUCklKxB404fM_x9XUUlHmf_xENmOP7gkx-z41LEMq0W3HGv5AbU7acatlPh9wgp9TZt6sVIAq8EGpxscdYUyb-WspEXdp47-XIowNvQ5dM9idqmtswfOsAqVIZMUED-VFGBoaUiw-zDHk353bMN1rj9-NU_xh8RsND94lKefZysrpvXWqCb_0FYY4t_OZYB1TzPf2LMeAfvbtD9Z64Xj1v8buebSYjkHPcBwVuyNL8P48HfESS-6y8eT9rJs_pbVpdIv-tRUjf9MAH-0W6GLyk2XuP5BZXCcOSzLAzSME2RMKe_7fuIAOn0ag5d3oZEA27O-EOUV6Ua_AVthXHa2wrRl2AhqWyesEN7rqxBO\" rel=\"nofollow\" target=\"_blank\">www.OceanPowerTechnologies.com.<\/a><\/p>\n<p>\n        <strong>FORWARD-LOOKING STATEMENTS<\/strong>\n      <\/p>\n<p align=\"justify\">This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;aim&#8221;, &#8220;will likely result&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;will continue&#8221;, &#8220;anticipate&#8221;, &#8220;estimate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;contemplate&#8221;, &#8220;seek to&#8221;, &#8220;future&#8221;, &#8220;objective&#8221;, &#8220;goal&#8221;, &#8220;project&#8221;, &#8220;should&#8221;, &#8220;will pursue&#8221; and similar expressions or variations of such expressions. These forward-looking statements reflect the Company&#8217;s current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the continuing successful operations of the AI capable Merrows\u2122 PowerBuoy<sup>\u00ae<\/sup>, success with NPS, the delivery of customer services, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company&#8217;s most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MTQ2MCM3MDM5MDM1IzIwMDY5MTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWYyMzk1ODItNWVlYy00YWFkLTk2NmYtOTYzMGI2Y2FjNGE4LTEwMTg0ODctMjAyNS0wNy0wOS1lbg==\/tiny\/Ocean-Power-Technologies-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>CONTACT INFORMATION\r\nInvestors: 203-561-6945 or investorrelations@oceanpowertech.com\r\nMedia: 609-730-0400 x402 or MediaRelations@oceanpowertech.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>System includes AT&amp;T\u00ae 5G technology for seamless Maritime Domain Awareness MONROE TOWNSHIP, N.J., July 09, 2025 (GLOBE NEWSWIRE) &#8212; Ocean Power Technologies, Inc. (NYSE American: OPTT) (\u201cOPT\u201d or the \u201cCompany\u201d), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful installation of its previously contracted PowerBuoy\u00ae system for the Naval Postgraduate School (NPS). The full system, now deployed in Monterey Bay, integrates AT&amp;T\u00ae 5G technology and advanced subsea sensors into OPT\u2019s latest PowerBuoy\u00ae equipped with its proprietary Merrows\u2122 suite\u2014designed for AI-capable, seamless Maritime Domain Awareness (MDA) integration across manned and unmanned platforms. The PowerBuoy\u00ae will provide continuous, autonomous monitoring and data collection in one of the world\u2019s most strategically significant maritime regions and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-867859","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"System includes AT&amp;T\u00ae 5G technology for seamless Maritime Domain Awareness MONROE TOWNSHIP, N.J., July 09, 2025 (GLOBE NEWSWIRE) &#8212; Ocean Power Technologies, Inc. (NYSE American: OPTT) (\u201cOPT\u201d or the \u201cCompany\u201d), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful installation of its previously contracted PowerBuoy\u00ae system for the Naval Postgraduate School (NPS). The full system, now deployed in Monterey Bay, integrates AT&amp;T\u00ae 5G technology and advanced subsea sensors into OPT\u2019s latest PowerBuoy\u00ae equipped with its proprietary Merrows\u2122 suite\u2014designed for AI-capable, seamless Maritime Domain Awareness (MDA) integration across manned and unmanned platforms. The PowerBuoy\u00ae will provide continuous, autonomous monitoring and data collection in one of the world\u2019s most strategically significant maritime regions and &hellip; Continue reading &quot;Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-09T12:35:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MTQ2MCM3MDM5MDM1IzIwMDY5MTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School\",\"datePublished\":\"2025-07-09T12:35:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/\"},\"wordCount\":681,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ5MTQ2MCM3MDM5MDM1IzIwMDY5MTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\\\/\",\"name\":\"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School - 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(NYSE American: OPTT) (\u201cOPT\u201d or the \u201cCompany\u201d), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful installation of its previously contracted PowerBuoy\u00ae system for the Naval Postgraduate School (NPS). The full system, now deployed in Monterey Bay, integrates AT&amp;T\u00ae 5G technology and advanced subsea sensors into OPT\u2019s latest PowerBuoy\u00ae equipped with its proprietary Merrows\u2122 suite\u2014designed for AI-capable, seamless Maritime Domain Awareness (MDA) integration across manned and unmanned platforms. The PowerBuoy\u00ae will provide continuous, autonomous monitoring and data collection in one of the world\u2019s most strategically significant maritime regions and &hellip; Continue reading \"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-09T12:35:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MTQ2MCM3MDM5MDM1IzIwMDY5MTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School","datePublished":"2025-07-09T12:35:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/"},"wordCount":681,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MTQ2MCM3MDM5MDM1IzIwMDY5MTQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ocean-power-technologies-installs-ai-capable-merrows-powerbuoy-for-naval-postgraduate-school\/","name":"Ocean Power Technologies Installs AI Capable Merrows\u2122 PowerBuoy\u00ae for Naval Postgraduate School - 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