Ocean Power Technologies, Inc. announced it has been awarded a contract for immediate delivery of a PowerBuoy equipped with Merrows, its Artificial Intelligence capable Maritime Domain Awareness Solution, in the Midde East. This contract will generate revenues in the current quarter. Due to the confidential nature of the award, details are not being disclosed.
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- Ocean Power Technologies, Inc. Receives Contract for Delivery of AI Capable Merrows Buoy in the Middle East