Ocean Power Technologies (NASDAQ: OPTT) develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in North America, Europe, Asia, and Australia. The company offers autonomous PowerBuoy system that is designed to generate power for use independent of the power grid in remote offshore locations. The company focuses on serving public and private entities, and agencies that use electricity in the ocean. For more information, visit the company’s website at www.oceanpowertechnologies.com.
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