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Ocean Power Technologies engages with Poland and Norway defense sectors

June 1, 2026 9:08 AM

Ocean Power Technologies Inc. (NYSE American: OPTT) announced expanded defense engagement activities across Europe, including recent discussions with Polish Naval Academy representatives and preparations for maritime demonstrations in Norway.

The company engaged with stakeholders in Poland's defense industrial base to discuss maritime security requirements and autonomous, renewable-powered maritime systems for regional defense and infrastructure protection. Ocean Power Technologies is also preparing for international demonstrations involving its WAM-V unmanned surface vehicle platforms in Norway.

"Maritime security challenges continue to evolve across strategic waterways and critical offshore infrastructure areas around the world," said Jason Weed, Senior Vice President Commercial Sales. "We are seeing growing interest in persistent maritime intelligence, autonomous systems, and renewable-powered offshore infrastructure from allied nations seeking scalable solutions to enhance maritime awareness and operational readiness."

The company's portfolio includes PowerBuoy systems, WAM-V unmanned surface vehicles, and the Merrows maritime domain awareness solution for monitoring, communications, sensing, and operational support for defense and security missions.

Ocean Power Technologies provides maritime solutions for defense and security, oil and gas, science and research, and offshore wind markets. The company is headquartered in Monroe Township, New Jersey, with an additional office in Richmond, California.

The information is based on a company press release statement.

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