OPT Appoints Authorized Service Partner in Kuwait

16 October 2024
Edited By: Ocean News

Ocean Power Technologies, Inc. (OPT or the Company), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, has announced it has signed an agreement with 3B General Trading & Contracting Co. W.L.L. (3B) to explore projects in the offshore energy and maritime industry in Kuwait, including deployment of WAM-V^® autonomous and unmanned surface vehicles and Next Generation PowerBuoys^® equipped with AI capable Merrows™.

WAM-V® autonomous and unmanned surface vehicle. (Image credit: OPT)

Philipp Stratmann, CEO and President of OPT, expressed his enthusiasm about this agreement, stating, “As we continue our growth, we are excited to continue our expansion in the Middle East. The offshore energy and maritime industry market in Kuwait continues to grow and we believe our PowerBuoys and WAM-V unmanned surface vehicles coupled with AI Merrows solutions provide operators the tools to generate offshore energy and ocean intelligence more effectively, safely, and efficiently.”