Unmanned surface vehicle

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

Retrieved on: 
Tuesday, January 9, 2024
Aircraft, ASVS, Research, Environment, Law enforcement, Component, Communication, Navigation, Data collection, Commercial, USV, Growth, Mechanical, LIG, Mobility, Hanwha Group, Ring laser, Federal law, Microelectromechanical systems, Electricity, Defense, UAV, Homeland security, Environmental monitoring, UGV, Optical fiber, Unmanned surface vehicle, Segment, Shipbuilding

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: 
Tuesday, January 9, 2024
Aircraft, ASVS, Research, Environment, Law enforcement, Component, Communication, Navigation, Data collection, Commercial, USV, Growth, Mechanical, LIG, Mobility, Hanwha Group, Ring laser, Federal law, Microelectromechanical systems, Electricity, Defense, UAV, Homeland security, Environmental monitoring, UGV, Optical fiber, Unmanned surface vehicle, Segment, Shipbuilding

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.

Ocean Power Technologies, Inc. Announces Fourth Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, July 12, 2023
U.S. Department of Energy, Office of Inspector General, International Maritime Rescue Federation, Astronomical survey, OPT, U.S. Navy Diving Manual, U.S. Department of Defense Strategy for Operating in Cyberspace, DHS Science and Technology Directorate, Marketing, Controller, National Oceanic and Atmospheric Administration, SBIR, Telephone, MAR, Disclosure, Initiative, Estonian Academy of Security Sciences, National Ocean Service, Ocean Power Technologies, DOE, Sale, NOAA, Motion, Acquisition, USV, MDAS, Data as a service, Investment, Data, Unmanned surface vehicle, CFO, Cyclone, Growth, Government, NYSE, Conference, Video game, Shipbuilding, Health care, Computer data storage, Life insurance, Cryptocurrency, Internet service provider

MONROE TOWNSHIP, N.J., July 12, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q23”) and full-year ended April 30, 2023 (“FY23”).

Key Points: 
  • MONROE TOWNSHIP, N.J., July 12, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q23”) and full-year ended April 30, 2023 (“FY23”).
  • Highlights include:
    Total orders for the 4Q23 were $2.3 million, as compared to $0.7 million for the fourth quarter ended April 30, 2022 (“4Q22”).
  • As announced on June 15, 2023, a conference call to discuss OPT’s financial results will be held tomorrow morning, Thursday, July 13, 2023, at 9:00 a.m. Eastern time.
  • Call Replay: Will be available by telephone approximately two hours after the call's completion until August 13, 2023.

Ocean Power Technologies Signs $0.5M Extension to Provide WAM-V® 22 for ongoing Activities Overseas

Retrieved on: 
Friday, April 21, 2023
Communication, OPT, Ocean Power Technologies, Data collection, Unmanned surface vehicle, Government, USV, ASV, NYSE, Shipbuilding, Marketing

"Ocean Power Technologies is proud to continue our support for the US Government with our state-of-the-art WAM-V® ASV," said Philipp Stratmann, President, and CEO of OPT.

Key Points: 
  • "Ocean Power Technologies is proud to continue our support for the US Government with our state-of-the-art WAM-V® ASV," said Philipp Stratmann, President, and CEO of OPT.
  • "This contract extension reflects the confidence our clients have in our technology and our ability to deliver reliable and effective solutions.
  • With this contract extension, OPT continues to strengthen its financial position through recurring revenues from this contract and others like it.
  • This success underscores OPT's commitment to providing innovative and reliable marine solutions and supporting its clients' needs in the ever-evolving maritime landscape.

The Metals Company Announces an Extensive Deep-sea Environmental Data Submission to the International Seabed Authority

Retrieved on: 
Tuesday, March 28, 2023
International Seabed Authority, Metal, Research, Natural History Museum, The Metals Company, Biodiversity, CCZ, TMC, Data, Collection, Environmental manager, ISA, Biophysical environment, Unmanned surface vehicle, Social impact assessment, Environment, ROV, Natural History Museum, London, Dredging, ESIA

TMC’s subsidiary NORI submits data collected during two benthic baseline campaigns on the NORI-D area, adding more than 270,000 benthic biological occurrences to the International Seabed Authority’s ‘DeepData’ catalogue of contractor exploration data.

Key Points: 
  • TMC’s subsidiary NORI submits data collected during two benthic baseline campaigns on the NORI-D area, adding more than 270,000 benthic biological occurrences to the International Seabed Authority’s ‘DeepData’ catalogue of contractor exploration data.
  • Remaining baseline data and samples including geochemical samples and biological samples from the water column are being collated and categorized, with all data expected to be shared with the ISA in the coming months.
  • This first submission of benthic data will provide a significant expansion to the biological holdings contained within the ISA’s ‘DeepData’ platform by contributing over 270,000 occurrences.
  • The total NORI-D dataset is expected to be one of the most comprehensive datasets ever compiled in the deep sea.

Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2023 Results

Retrieved on: 
Monday, March 13, 2023
Conference, VA-52 (U.S. Navy), CFO, OPT, NYSE, Telephone, DOE, Cyclone, Balance sheet, Data, Controller, Ocean Power Technologies, U.S. Department of Defense Strategy for Operating in Cyberspace, U.S. Department of Energy, Office of Inspector General, WAM-V, Investment, Astronomical survey, United Nations Ocean Conference, Area studies, Growth, Unmanned surface vehicle, MAR, USV, International Maritime Security Construct, SBIR, NOAA, Reinsurance, Video game, Internet service provider

MONROE TOWNSHIP, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2023 (“Q323”), including year-to-date revenue growth of over 74.7% and total order growth of 111%.

Key Points: 
  • MONROE TOWNSHIP, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2023 (“Q323”), including year-to-date revenue growth of over 74.7% and total order growth of 111%.
  • Highlights from the third quarter and recent activity include:
    Total orders for the Q323 were $0.8 million, as compared to $0.7 million for the third quarter ended January 31, 2022 (“Q322”).
  • As announced on February 12, 2023, a conference call to discuss OPT’s financial results will be held tomorrow morning, Tuesday, March 14, 2023, at 9:00 a.m. Eastern Time.
  • Call Replay: Will be available by telephone approximately two hours after the call's completion until June 14, 2023.

Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, December 14, 2022
ASV, Conference, MDA, Ocean Power Technologies, NYSE, Controller, Robotics, PowerBuoy, Science, CFO, Area studies, Balance sheet, MAR, Telephone, OPT, Atmosphere, Engineering, VFA-195 (U.S. Navy), SG, Growth, Investment, Research, Wind, Form 10-Q, Unmanned surface vehicle, Form, Video game, Cryptocurrency, Internet service provider, Mobile phone

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 financial results for its second quarter ended October 31, 2022 (“2Q23”).

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 financial results for its second quarter ended October 31, 2022 (“2Q23”).
  • Total orders for the 2Q23 were $2.3 million, as compared to $0.1 million for the second quarter ended October 31, 2021 (“2Q22”).
  • Continued second round of field testing of a proprietary next-generation Maritime Domain Awareness ("MDA") solution.
  • Remained on plan for completion during the quarter ended January 31, 2023.

Siemens Software expands Xcelerator as a Service; SaaS business transition accelerating

Retrieved on: 
Thursday, April 7, 2022
Cloud, NX, Kia, LinkedIn, Organization, Cloud computing, MAC, Automation, Transport, Multimedia, Internet, Software as a service, Hyundai Motor Company, Plant, Conference, Environment, CEO, Entrepreneurship, Agriculture, ARR, DI, Daimler Trucks North America, Collaboration, Industry, Technology, Xcelerator, Unmanned surface vehicle, Twitter, Siemens Healthineers, CAD, Data collection, Running, Engineering, Income, Facebook, Solution, Electronics, Digital Enterprise Research Institute, Instagram, Growth, Water, Temperature, Renewable energy, Video game, Network equipment, Online shopping, Software

DETROIT, April 7, 2022 /PRNewswire/ --Siemens Digital Industries Software announced today that its transition to a software-as-a-service (SaaS) led business is progressing well and its momentum is increasing.

Key Points: 
  • DETROIT, April 7, 2022 /PRNewswire/ --Siemens Digital Industries Software announced today that its transition to a software-as-a-service (SaaS) led business is progressing well and its momentum is increasing.
  • "Last year we announced our transition to a SaaS-led business and introduced Xcelerator as a Service.
  • Customers are responding enthusiastically ready to embrace the cloud to accelerate their digital transformations," said Tony Hemmelgarn, CEO and president, Siemens Digital Industries Software.
  • "Siemens is transforming our business, so we can help our customers transform their industries, making our portfolio easier to access, more open, and integrated."

HII Releases Odyssey, a Suite of Advanced Autonomy Solutions for Platforms in All Domains

Retrieved on: 
Monday, April 4, 2022
ROS, Unmanned underwater vehicle, HII, Human, Robot Operating System, NYSE, UMAA, Unmanned ground vehicle, Perception, Unmanned surface vehicle, REMUS, Unmanned aerial vehicle, Workforce, Data Distribution Service, Industry, Robotics, ISR, GLOBE, Solution, DDS, Heavy equipment, Video game console, Odyssey

MCLEAN, Va., April 04, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today the launch of Odyssey, a suite of advanced autonomy solutions that can turn any ship or vehicle in any domain into an intelligent, robotic platform.

Key Points: 
  • MCLEAN, Va., April 04, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today the launch of Odyssey, a suite of advanced autonomy solutions that can turn any ship or vehicle in any domain into an intelligent, robotic platform.
  • The use and applications of unmanned systems are increasing worldwide, performing repetitive and dangerous tasks so humans can focus on the greater mission.
  • Odyssey is currently integrated on naval prototypes under development and has been fielded for more than 6,000 hours on 23 vessel types.
  • The introduction of Odyssey follows the successful rapid integration and demonstration in January of HIIs suite of solutions with third-party autonomy products onto an HII USV platform, demonstrating its open architecture and flexibility.

Salient's new advisory board draws industry-leading scientists from NASA, NCAR, Penn State, and Woods Hole

Retrieved on: 
Thursday, March 17, 2022
Face, Meteorology, Organization, Woods Hole Oceanographic Institution, UN, NASA, Climate change, Drought, Board, Earth, Multimedia, Advisory board, Salinity, National Center for Atmospheric Research, CEO, Data analysis, Assistant, Oceanography, Sustainable development, Science Advisory Board, Unmanned surface vehicle, Technology, Atmospheric science, Pennsylvania State University, Machine learning, Silverliner, Climate, Time, Salient, Science, Weather, Flood, Atmospheric Research, Renewable energy, Management, Oil

BOSTON, March 17, 2022 /PRNewswire/ -- Salient , a Boston-based startup that creates the world's most accurate subseasonal-to-seasonal (S2S) weather forecasts, welcomesfour highly distinguished scientists to its Science Advisory Board.

Key Points: 
  • BOSTON, March 17, 2022 /PRNewswire/ -- Salient , a Boston-based startup that creates the world's most accurate subseasonal-to-seasonal (S2S) weather forecasts, welcomesfour highly distinguished scientists to its Science Advisory Board.
  • "We are excited and honored to have such distinguished researchers on our Science Advisory Board" - Dr. Ray Schmitt
    "We are excited and honored to have such distinguished researchers on our Science Advisory Board," said Salient Co-Founder and President, Dr. Ray Schmitt.
  • "I am excited about Salient's use of global water cycle observations for climate predictions," said Dr. Lindstrom.
  • Dr. Li, another new member of the Board, was a postdoctoral scholar in physical oceanography who worked with Dr. Schmitt at Woods Hole.