Ocean Power Technologies outlined its focus on autonomous maritime platforms combining renewable power, AI-driven ocean intelligence and edge data solutions, centered on its PowerBuoy, WAM-V uncrewed surface vehicles and the Merrows data platform. The company said it had approximately USD 19.9 million in contracted backlog and a sales pipeline of USD 163.9 million. Ocean Power Technologies also cited a USD 6.5 million multi-buoy contract from the U.S. Department of Homeland Security to support a U.S. Coast Guard maritime domain awareness mission in San Diego. The presentation described a collaboration with the U.S. Naval Postgraduate School to deploy a self-powered PowerBuoy system in Monterey Bay, including an AT&T 5G maritime base station as part of the communications backbone.

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