$Ocean Power Technologies (OPTT.US)$ NEWS Ocean Power Techno...
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Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract
Ocean Power Technologies, Inc. (NYSE American: OPTT) has been awarded a multi-year NOAA ProTech Oceans IDIQ contract, positioning the company as a service provider supporting NOAA's mission. OPT will provide advanced technologies like PowerBuoy® systems and WAM-V® autonomous surface vessels for NOAA's research and operational missions. The contract has a minimum duration of five years with an early potential for several million in revenue per year.
Ocean Power Technologies, Inc. (NYSE American: OPTT) has been awarded a multi-year NOAA ProTech Oceans IDIQ contract, positioning the company as a service provider supporting NOAA's mission. OPT will provide advanced technologies like PowerBuoy® systems and WAM-V® autonomous surface vessels for NOAA's research and operational missions. The contract has a minimum duration of five years with an early potential for several million in revenue per year.
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