Ocean Power Technologies Announces the Deployment of Its First Commercially Designed PB3 PowerBuoy®

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Ocean Power Technologies (OPTT) Surges to Session Highs On Commercial Deployment

July 14, 2016 1:55 PM EDT

Ocean Power Technologies (NASDAQ: OPTT) is pushing to session highs after announcing earlier the deployment of its commercial design of the PB3 PowerBuoy® approximately four miles off of the coast of New Jersey. Shares are up 55% on volume that is running 28x normal.

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