other material
confidence medium
sentiment positive
materiality 0.50
Ocean Power Technologies secures WAM-V order from new international government customer
Ocean Power Technologies, Inc.
- Contract for fully integrated WAM-V from new international government customer; assembly begins immediately.
- Vehicle to be shipped for near-term delivery; training and services provided in-country.
- CEO cites demand in Latin America and Middle East; expects continued pipeline-to-backlog conversion.
- No specific dollar value or quantity disclosed for the order.