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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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The Markets
by Proactive
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Ocean Power Ships WAM-V Unmanned Surface Vehicle to UAE and Expands Middle East Presence

Ocean Power Ships WAM-V Unmanned Surface Vehicle to UAE and Expands Middle East Presence

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive shared exciting developments announcing the shipment of a WAM-V Unmanned Surface Vehicle to the UAE. This follows the company's June 2024 partnership with Unique Group, a UAE-based offshore services provider. OPT and Unique Group will exhibit the 22ft WAM-V at the upcoming ADIPEC event in Abu Dhabi from November 4-7, 2024, showcasing cutting-edge energy innovations alongside over 2,200 global organizations.

Stratmann also revealed that OPT has signed an agreement with 3B General Trading & Contracting to explore offshore energy and maritime projects in Kuwait. The partnership aims to deploy OPT’s autonomous WAM-V vehicles and Next Generation PowerBuoys equipped with AI-powered Merrows, enhancing offshore energy generation and ocean intelligence capabilities in the growing Kuwaiti market.

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