OPTT awarded PowerBuoy contract for US East Coast; sells WAM-V to Latin American mining customer

Ocean Power Technologies, Inc.

PowerBuoy contract awarded for immediate delivery in USA; deployed on East Coast with surface and subsurface sensors.
WAM-V sold to new Latin American customer for onshore mining bathymetry surveys, expanding into new industry.
Both contract and sale parties remain confidential; no financial terms disclosed.
CEO cites growing PowerBuoy business and WAM-V adaptability for diverse missions and industries.

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