OPT deployment of next-generation Wave Energy Converter Buoys opens new chapter for customers

Ocean Power Technologies Inc (OPT) CEO Philipp Stratmann joins Natalie Stoberman from the Proactive newsroom to share how the latest deployment of next-generation Wave Energy Converter (WEC) Buoys is opening a new chapter for the company for elevated technology and cost-effectiveness for customers.

Stratmann says this prototype represents a significant improvement in multiple aspects. The innovative design enables modularity and commonality for the next-generation buoy platform, making it more efficient in terms of transportation, serviceability, and maintainability. Additionally, the MOSWEC buoy will be more cost-effective for customers.

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