Ocean Power Ships Multiple Unmanned Surface Vehicles to US Government -- Shares Rise Pre-Bell

MT Newswires Live
2024-09-27

Ocean Power Technologies (OPTT) said Friday that it has shipped multiple unmanned surface vehicles, or WAM-Vs, to an unidentified US Government department under a previously signed contract.

Financial and other terms of the deal were not disclosed "due to the sensitive nature of this relationship," the company said.

Shares of Ocean Power Technologies were up more than 5% in recent premarket activity.

Price: 0.1710, Change: +0.01, Percent Change: +5.10

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