These demonstrations and the resulting discussions focused on its commercially available solutions in partnership with RIG’s leading position in the UAE, which should result in opportunities for further growth in the region. These opportunities include autonomous anti-submarine warfare and mine countermeasures support, national security applications, and maritime monitoring and intelligence solutions. OPT will provide additional updates as opportunities convert to backlog and revenues.

Dr. Philipp Stratmann, OPT’s CEO, expressed his enthusiasm about the demonstration, stating, “We are very excited to have demonstrated our capabilities to current and potential customers during NAVDEX. Our team, led by Matt Burdyny, our Chief Commercial Officer, together with several of our highly skilled ASV operators, showcased that our commercially available products provide cost-effective maritime security solutions. We believe that through these demonstrations, we can materially accelerate the adoption of autonomous, resident, persistent, and AI-capable ocean security technologies in the region. We look forward to further expanding our presence in the UAE and continuing our work with RIG and other partners.”