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Ocean Power Technologies deploys PowerBuoy for homeland security

April 13, 2026 8:15 AM

Ocean Power Technologies Inc. (NYSE American: OPTT) deployed its first PowerBuoy system off the California coast under a contract with the U.S. Department of Homeland Security. The autonomous system will support maritime domain awareness operations for the U.S. Coast Guard.

The deployment represents the transition of the company's offshore monitoring infrastructure into active mission support. The PowerBuoy system provides persistent offshore power, communications, and sensor integration for maritime surveillance and security operations.

The platform operates autonomously for extended periods while providing continuous monitoring of maritime environments. The system supports advanced sensors and data collection technologies that enhance situational awareness for government and defense customers.

"This successful deployment represents an important step forward in delivering autonomous maritime infrastructure to support critical homeland security missions," said Philipp Stratmann, president and chief executive officer of Ocean Power Technologies. "Our PowerBuoy platform is uniquely designed to provide persistent offshore power and surveillance capabilities, enabling government agencies to extend their operational reach while reducing the need for costly manned assets."

The system will support ongoing maritime monitoring activities as part of DHS's effort to enhance coastal and offshore security. Additional PowerBuoy systems are planned for deployment under the program to create a networked offshore monitoring capability for real-time maritime domain awareness.

Ocean Power Technologies continues to collaborate with DHS and technology partners to advance autonomous maritime monitoring solutions. The company is based in Monroe Township, New Jersey, and provides maritime solutions for defense, security, oil and gas, science and research, and offshore wind markets.

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