Ocean Power Technologies has recently showcased their innovative AI solutions in successful field demonstrations in the North Atlantic. The company revealed that these demonstrations have proven the Intelligence, Surveillance, and Reconnaissance capabilities of their PowerBuoy, allowing them to fast-track the sales process by eliminating the need for lengthy feasibility studies.
The CEO and President of Ocean Power Technologies, Philipp Stratmann, expressed his excitement about this significant achievement, emphasizing that witnessing the PowerBuoy in action in its natural environment, the open ocean, is a powerful tool for attracting new customers. He highlighted the advanced algorithms of the Merrows offering, which have played a crucial role in boosting sales efforts and driving revenue growth for the company.
Ocean Power Technologies, based in Monroe Township, New Jersey, specializes in providing intelligent maritime solutions for various industries such as defense and security, oil and gas, science and research, and offshore wind. Their PowerBuoy platforms offer clean and reliable electric power as well as real-time data communications for remote maritime and subsea applications. Additionally, the company offers WAM-V autonomous surface vessels and marine robotics services to cater to a wide range of ocean-related operations.
Looking ahead, Ocean Power Technologies aims to continue leveraging their advanced AI solutions to enhance maritime operations, promote sustainability, and increase productivity across different sectors. The successful field demonstrations in the North Atlantic have positioned the company as a leader in the industry, showcasing their commitment to innovation and excellence in maritime technology.
For more information about Ocean Power Technologies and their range of services, interested individuals can visit the company’s official website at www.OceanPowerTechnologies.com.