Ocean Power Technologies Deploys First PowerBuoy for US Homeland Security

Key Facts

1Ocean Power Technologies (OPTT) deployed its first PowerBuoy system under a contract with the U.S. Department of Homeland Security.

2The system was installed off the coast of California to support U.S. Coast Guard maritime domain awareness operations.

3The deployment marks an operational milestone for the company's autonomous, low-carbon offshore monitoring technology.

Ocean Power Technologies (OPTT) has successfully deployed its first PowerBuoy system as part of a strategic contract with the U.S. Department of Homeland Security. The installation took place off the coast of California, where it will support the U.S. Coast Guard’s maritime domain awareness operations. This deployment represents a significant operational milestone for the company, showcasing its autonomous and low-carbon offshore monitoring capabilities. By providing persistent surveillance and data solutions, the PowerBuoy system enhances security in critical maritime areas. The successful execution of this government contract validates OPTT's technology and its application within the defense and security sectors. This move is expected to strengthen the company's market position as a provider of innovative marine energy solutions.