On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – Ocean Power Technologies (OPTT) Signs Joint Marketing Agreement with Sonalysts

Company: Ocean Power Technologies, Inc. (OPTT)
Category: News

In a news release issued earlier today, Ocean Power Technologies, Inc. (NASDAQ: OPTT) and Sonalysts, Inc. announced their entry into a joint marketing agreement in defense and oil and gas applications where persistent power, real-time data collection, processing, and transmission are critical. OPTT’s PB3 PowerBuoy® is a power and communication platform for remote offshore applications that enables the use of advanced multi-functional sensors and autonomous underwater vehicles. Sonalysts maintains core technology in undersea wireless communications and in autonomous undersea systems analysis, which are available to a variety of commercial and defense customers such as the U.S. Navy Submarine Force. “We are excited to partner with such an innovative company as Sonalysts.  We see great synergy with their core capabilities in systems integration, human-machine interfacing, big data processing, and undersea communication technologies.  For instance, we believe that OPT’s PB3 PowerBuoy® is uniquely situated to be the charging and communications platform of choice for autonomous underwater vehicles in the defense and oil and gas industries.  We believe that OPT’s technology combined with Sonalysts’ systems integration expertise will enable us to deliver real value to customers in the defense and oil and gas industries.” George Kirby, OPT CEO, stated in today’s news release.

To view the full press release, visit: http://nnw.fm/pGbC5

About Ocean Power Technologies, Inc.

Headquartered in Pennington, New Jersey, Ocean Power Technologies (NASDAQ:OPTT) is a leader in ocean wave energy conversion. OPT’s proprietary PowerBuoy® technology is based on a scalable and modular design.  OPT specializes in cost-effective and environmentally sound ocean wave based power generation and management technology. www.oceanpowertechnologies.com.

About Sonalysts Corporation

Sonalysts, Inc., an employee-owned business founded in 1973, offers extensive experience and strong qualifications in a wide variety of technical disciplines. The company’s multidisciplinary services organization includes approximately 350 engineers, scientists, computer scientists, and publication, media, and training specialists. www.sonalysts.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, visit https://www.networknewswire.com.

Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.net

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217