Ocean Power ships first PowerBuoy for U.S. Coast Guard contract

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce the shipment of the first PowerBuoy® system under its previously awarded $6.5 million contract with the United States Department of Homeland Security. The system will support maritime domain awareness operations for the United States Coast Guard and marks a key milestone as the program transitions from development and integration into active deployment. Stratmann explained that this initial shipment is part of a broader network of PowerBuoy® systems that will be deployed off the coast of California. These systems are designed to provide persistent, autonomous offshore surveillance, enhancing situational awareness and supporting critical security missions. Integration with systems from Anduril Industries is progressing in parallel, positioning the deployment within a next-generation maritime defense and sensing architecture. Final site preparations and operational readiness procedures are currently underw ay, with full deployment expected to follow shortly. Once installed, the PowerBuoy® network will contribute to strengthened coastal and offshore monitoring capabilities as part of broader DHS security initiatives. Ocean Power Technologies continues to collaborate closely with government partners and technology providers to deliver scalable, autonomous maritime solutions aimed at improving surveillance, security, and operational effectiveness in challenging ocean environments. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann, #USGovernmentContract, #USCoastGuard #MaritimeSecurity #DefenseTech #AutonomousSystems #BuoySystems #WAMV #PowerBuoy #MERROWS #USCoastGuard #HomelandSecurity #AndurilIndustries #MaritimeSecurity #DefenseTech #AutonomousSystems #CleanEnergy #OceanTech #GovContracts #EnergyInnovation #TechStocks #SmallCap #EmergingTech #SecuritySolutions #BlueEconomy #Innovation