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Ocean Power Technologies (NYSE: OPTT) announced that three PowerBuoy® systems are now actively deployed off the California coast supporting US Department of Homeland Security maritime surveillance operations — marking a significant milestone in the company’s transition toward scaled offshore intelligence deployments. 🔹 All three PowerBuoy systems are simultaneously streaming real-time offshore data, including one operating in water depths exceeding 1,000 meters 🔹 The deployment integrates OPT’s AI-capable Merrows™ software suite with Anduril Industries’ Lattice command-and-control platform 🔹 Management described the shift from single deployments to coordinated offshore systems as a “paradigm shift” that expands opportunities across defense, offshore energy, and maritime security markets Read Peter Gastreich's full report for additional detail on OPT’s evolving recurring revenue model, offshore deployment strategy, backlog growth, and expanding defense and ISR opportunities. $OPTT #Maritime# #Defense# #AI# #Drones# #OceanTech# #NationalSecurity# #OffshoreEnergy# #NYSE# #SmallCaps# #WaterTowerResearch# @OceanPowerTech
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Autonomous maritime vessels can take on demanding offshore missions like survey and inspection, subsea support, infrastructure monitoring, and safety standby while reducing the need to put people in harm’s way. As our work in commercial maritime continues to grow, Kevin Humphreys joins Saronic as VP of Commercial, bringing deep experience from Lloyd’s Register and Wärtsilä. He’ll help grow Saronic’s expansion into these markets as we bring our autonomous maritime capabilities to a broader set of missions at sea. To hear more about where autonomy can make offshore operations safer and more efficient, check out a recent interview our COO, Doug Lambert, conducted with Veriten’s C.O.B. Tuesday podcast: Looking forward to our continued expansion across offshore energy and commercial maritime.
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Oceaneering has officially become an authorized Starlink reseller That gives offshore, maritime and remote industrial operations direct access to Starlink connectivity for: • Offshore communications • Remote operations and monitoring • Real-time data transfer • Remote technical support • Inspection systems • Asset management Starlink is expanding deeper into serious industrial operations Oceaneering operates across offshore energy, subsea robotics, defense and aerospace Starlink will now be integrated directly into the systems used to manage and operate equipment in some of the hardest environments on Earth Starlink started by connecting homes Now it is becoming communications infrastructure for ships, aircraft, emergency response and major industrial operations The network keeps expanding into everything
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This week, we worked to strengthen American energy, invest in public lands and modernize offshore energy policy.