ASVS

Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions

Retrieved on: 
Mardi, avril 9, 2024

The partnership will enable organizations using OPT’s PowerBuoy® and WAM-V® platforms to deploy Teal 2 Drones as part of their strategy to leverage autonomous vehicles to assess and address maritime threats in real time.

Key Points: 
  • The partnership will enable organizations using OPT’s PowerBuoy® and WAM-V® platforms to deploy Teal 2 Drones as part of their strategy to leverage autonomous vehicles to assess and address maritime threats in real time.
  • “Partnering with Ocean Power Technologies is a significant part of our strategy to address the needs and requirements of the Pentagon’s Replicator Initiative with drone and swarming capabilities across multiple domains, including maritime missions,” said George Matus, Red Cat’s Chief Technology Officer.
  • “Our core mission is to provide advanced autonomy solutions for greater maritime situational awareness for a variety of science and technology applications, including defense and security missions,” said Matt Burdyny, Chief Commercial Officer of Ocean Power Technologies.
  • OPT’s PowerBuoy® can act as an Uninterruptable Power Supply (UPS) which constantly recharges itself by harvesting energy from the waves.

Unmanned Surface Vehicles Market worth $1.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, janvier 9, 2024

The Unmanned Surface Vehicle (USV) system market witnesses a remarkable growth trajectory, with the payload segment emerging as a focal point due to escalating demands for specialized mission capabilities.

Key Points: 
  • The Unmanned Surface Vehicle (USV) system market witnesses a remarkable growth trajectory, with the payload segment emerging as a focal point due to escalating demands for specialized mission capabilities.
  • By Unmanned Surface Vehicle type, market for Autonomous Surface Vehicles is projected to grow at highest CAGR during forecast period.
  • These self-driving vehicles are programmed by operators to undertake various tasks, showcasing significant potential in surface operations.
  • The Asia-Pacific region exhibits the highest growth rate for the unmanned surface vehicle (USV) segment due to a confluence of strategic factors.

Unmanned Surface Vehicles Market worth $1.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, janvier 9, 2024

The Unmanned Surface Vehicle (USV) system market witnesses a remarkable growth trajectory, with the payload segment emerging as a focal point due to escalating demands for specialized mission capabilities.

Key Points: 
  • The Unmanned Surface Vehicle (USV) system market witnesses a remarkable growth trajectory, with the payload segment emerging as a focal point due to escalating demands for specialized mission capabilities.
  • By Unmanned Surface Vehicle type, market for Autonomous Surface Vehicles is projected to grow at highest CAGR during forecast period.
  • These self-driving vehicles are programmed by operators to undertake various tasks, showcasing significant potential in surface operations.
  • The Asia-Pacific region exhibits the highest growth rate for the unmanned surface vehicle (USV) segment due to a confluence of strategic factors.

Unmanned Surface Vehicles Market worth $1.2 billion by 2027- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, mars 7, 2023

Growth of this market can be attributed to the rise in trade of Unmanned surface vehicles, developments in the military sector, and unmanned commercial sector.

Key Points: 
  • Growth of this market can be attributed to the rise in trade of Unmanned surface vehicles, developments in the military sector, and unmanned commercial sector.
  • Although these activities are also performed by USVs (unmanned surface vehicles), they have high production costs.
  • The US is estimated to account for the major share (84.4%) of the unmanned surface vehicle market in North America in 2022.
  • The report covers various industry trends and new technological innovations in the Unmanned surface vehicles market for the period, 2018-2027.

Unmanned Surface Vehicles Market worth $1.2 billion by 2027- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, mars 7, 2023

Growth of this market can be attributed to the rise in trade of Unmanned surface vehicles, developments in the military sector, and unmanned commercial sector.

Key Points: 
  • Growth of this market can be attributed to the rise in trade of Unmanned surface vehicles, developments in the military sector, and unmanned commercial sector.
  • Although these activities are also performed by USVs (unmanned surface vehicles), they have high production costs.
  • The US is estimated to account for the major share (84.4%) of the unmanned surface vehicle market in North America in 2022.
  • The report covers various industry trends and new technological innovations in the Unmanned surface vehicles market for the period, 2018-2027.

Ocean Power Technologies to Participate in a Fireside Chat with Water Tower Research on Friday, December 16

Retrieved on: 
Jeudi, décembre 15, 2022

ET on December 16, 2022 followed by a brief question-and-answer session.

Key Points: 
  • ET on December 16, 2022 followed by a brief question-and-answer session.
  • “I am looking forward to discussing OPT, our autonomous and roaming ocean intelligence solutions, and our approach to further commercial growth with Water Tower Research” said OPT CEO Dr. Philipp Stratmann when asked about the upcoming conversation.
  • Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications.
  • We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics.

Ocean Power Technologies Announces Adjournment of Annual Meeting of Stockholders

Retrieved on: 
Mercredi, décembre 14, 2022

MONROE TOWNSHIP, N.J., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced that the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) was convened on December 14, 2022 at 9:00 AM EST and adjourned, without any business being conducted, due to lack of the required quorum.

Key Points: 
  • MONROE TOWNSHIP, N.J., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced that the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) was convened on December 14, 2022 at 9:00 AM EST and adjourned, without any business being conducted, due to lack of the required quorum.
  • The Annual Meeting will reconvene on January 13, 2023, at 10:00 AM EST.
  • During this adjournment period, the Company will continue to solicit votes from its stockholders with respect to the proposals set forth in the Proxy Statement.
  • Proxies previously submitted in respect of the Annual Meeting will be voted at the adjourned Annual Meeting unless properly revoked as described in the Proxy Statement, and stockholders who have previously submitted a proxy or otherwise voted need not take any action.

Ocean Power Technologies to Report 2023 Second Quarter Results on December 14, 2022

Retrieved on: 
Jeudi, novembre 10, 2022

MONROE TOWNSHIP, N.J., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 second quarter for the period ended October 31, 2022 results after the market closes on Wednesday, December 14, 2022.

Key Points: 
  • MONROE TOWNSHIP, N.J., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 second quarter for the period ended October 31, 2022 results after the market closes on Wednesday, December 14, 2022.
  • A conference call to discuss OPTs financial results will be held the following morning, Thursday, December 15, 2022, at 9:00 a.m. Eastern time.
  • Call Replay: Will be available by telephone approximately two hours after the call's completion until March 15, 2023.
  • Our PowerBuoy platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications.

L3Harris Invests in Seasats to Accelerate Delivery of New, Autonomous Maritime Capabilities to U.S. Navy

Retrieved on: 
Mercredi, octobre 19, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221019005268/en/
    Inexpensive, versatile and ideally suited for L3Harris suite of maritime payloads, the Seasats X3 is well positioned to enhance existing maritime capabilities L3Harris provides for its customers.
  • Our investment and collaboration with Seasats provides a proven, multi-capability solution for global maritime security challenges.
  • Future collaboration and technology sharing between L3Harris and Seasats has the potential to increase the autonomous capabilities, artificial intelligence and endurance of the X3 while cutting production time up to 75 percent.
  • Earlier this year the Navy invited Seasats to participate in its Digital Horizon 2022 exercise designed to develop maritime domain awareness and accelerate the Navy's robotic and artificial intelligence maritime capabilities.

Ocean Power Technologies to Participate in the LD Micro Main Event XV Conference

Retrieved on: 
Mardi, octobre 11, 2022

MONROE TOWNSHIP, N.J., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Philipp Stratmann, Chief Executive Officer, will participate in the LD Micro Main Event XV Conference.

Key Points: 
  • MONROE TOWNSHIP, N.J., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Philipp Stratmann, Chief Executive Officer, will participate in the LD Micro Main Event XV Conference.
  • The conference will take place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles, CA, and feature over 200 notable microcap companies in a variety of industries.
  • For more information about the conference or to schedule a one-on-one meeting with management, please contact your LD Micro representative or OPT IR at [email protected] or 609-730-0400 x401.
  • Our PowerBuoy platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications.