Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has announced what the company called a “pivotal achievement” in the field of autonomous maritime technology: the successful demonstration of the Wave Adaptive Modular Vessel (WAM-V) attaching itself remotely to a buoy and establishing a connection that will enable charging.
The groundbreaking milestone was revealed by OPT's vice president of global sales and marketing Matt Burdyny at the 10th Annual Maritime Security West (MARSEC West) event.
"Our successful demonstration of a WAM-V remotely attaching itself to a buoy that will enable establishing a charging connection is a defining moment for OPT and the maritime technology sector as a whole," Burdyny said in a statement.
"This achievement underscores our commitment to reshaping autonomous maritime operations by leveraging renewable energy for sustainable charging solutions," he added.
OPT noted the successful connection that will enable charging represents a significant leap forward in the integration of renewable energy sources within the maritime industry.
The company added that by showcasing the successful docking of the WAM-V on-water, OPT paves the way for a future where autonomous vessels can operate for extended durations, opening doors to various applications within the maritime domain.
The docking of the WAM-V to a buoy can be seen in the following video.
Ocean Power Technologies is a provider of ocean energy and intelligent data services through its innovative, low-carbon distributed and autonomous ocean power and data solutions, combined with its offshore engineering and design services.
Contact Sean at sean@proactiveinvestors.com