OPT signs US reseller agreement for WAM-V USVs; confirms supply chain operational

Ocean Power Technologies, Inc.

Reseller agreement with Grava Hydrographic Solutions to sell WAM-V USVs across the United States.
No financial terms disclosed; part of broader channel partner strategy.
Majority domestic supply chain ensures no material inventory cost impact and on-time deliveries.
Workforce is fully U.S.-based with over 20% veterans; positioned for defense and energy demand.

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