Ocean Power Technologies secures 2-million-dollar order for next-gen PowerBuoys in Latin America
Published: 10:50 03 Feb 2025 EST
Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce the company’s latest partnership, which includes $2 million in initial purchase orders for its Next Generation PowerBuoys in Latin America. These cutting-edge systems leverage wave, solar, and wind power to provide sustainable and long-duration offshore energy solutions.
The Next Generation PowerBuoy is designed for deployment in coastal and deep-ocean waters, supporting payloads both above and below the surface. Equipped with advanced communication capabilities, the system enhances marine intelligence and remote monitoring. This major order reflects the increasing demand for OPT’s innovative solutions and strengthens its position as a leader in marine robotics and intelligence technology.
Stratmann highlighted that this deal builds on the company’s growing WAM-V (Wave Adaptive Modular Vessel) solutions in the region. The addition of permanent monitoring and marine intelligence capabilities will complement existing roaming solutions, further enhancing maritime operations. OPT remains committed to delivering transformative technology that redefines the future of ocean-based intelligence and sustainability.
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