Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group
Ocean Power Technologies (NYSE American: OPTT) has shipped a WAM-V Unmanned Surface Vehicle (USV) to the UAE, following its June 2024 partnership announcement with Unique Group. The 22ft WAM-V will be exhibited at ADIPEC, a major energy industry event in Abu Dhabi from November 4-7, 2024. This move aims to showcase OPT's autonomous vehicle services to potential customers in the offshore energy sector.
Unique Group, a UAE-based offshore services provider with over 500 employees worldwide, will demonstrate the vehicle to offshore energy companies. OPT's CEO, Philipp Stratmann, expressed enthusiasm for the increasing demand for their services in the Middle East, particularly in the UAE. The company anticipates that this exhibition will further boost their activity in the region.
Ocean Power Technologies (NYSE American: OPTT) ha spedito un Veicolo di Superficie Non Umano (USV) WAM-V negli UAE, a seguito dell'annuncio di partnership di giugno 2024 con Unique Group. Il WAM-V di 22 piedi sarà esposto all' ADIPEC, un importante evento del settore energetico ad Abu Dhabi dal 4 al 7 novembre 2024. Questa mossa mira a mostrare i servizi dei veicoli autonomi di OPT a potenziali clienti nel settore energetico offshore.
Unique Group, un fornitore di servizi offshore con sede negli UAE e oltre 500 dipendenti in tutto il mondo, dimostrerà il veicolo alle aziende energetiche offshore. Il CEO di OPT, Philipp Stratmann, ha espresso entusiasmo per la crescente domanda dei loro servizi in Medio Oriente, in particolare negli UAE. L'azienda prevede che questa esposizione contribuirà ulteriormente ad aumentare la loro attività nella regione.
Ocean Power Technologies (NYSE American: OPTT) ha enviado un Vehículo de Superficie No Tripulada (USV) WAM-V a los EAU, tras el anuncio de asociación en junio de 2024 con Unique Group. El WAM-V de 22 pies se exhibirá en ADIPEC, un importante evento de la industria energética en Abu Dhabi del 4 al 7 de noviembre de 2024. Este movimiento tiene como objetivo mostrar los servicios de vehículos autónomos de OPT a posibles clientes en el sector energético offshore.
Unique Group, un proveedor de servicios offshore con sede en los EAU y más de 500 empleados en todo el mundo, demostrará el vehículo a las empresas de energía offshore. El CEO de OPT, Philipp Stratmann, expresó su entusiasmo por la creciente demanda de sus servicios en Oriente Medio, especialmente en los EAU. La empresa anticipa que esta exhibición impulsará aún más su actividad en la región.
오세안 파워 테크놀로지스(Ocean Power Technologies)(NYSE American: OPTT)는 2024년 6월 유니크 그룹(Unique Group)과의 파트너십 발표 후, 아랍에미리트(UAE)로 WAM-V 무인 수상 차량(USV)을 배송했습니다. 22피트 WAM-V는 2024년 11월 4일부터 7일까지 아부다비에서 열리는 주요 에너지 산업 행사인 ADIPEC에 전시될 예정입니다. 이번 조치는 OPT의 자율 주행 차량 서비스를 해양 에너지 분야의 잠재 고객에게 선보이기 위한 것입니다.
UAE에 본사를 둔 유니크 그룹(Unique Group)은 전 세계적으로 500명이 넘는 직원을 보유한 해양 서비스 제공업체로, 이 차량을 해양 에너지 회사에 시연할 예정입니다. OPT의 CEO인 필립 스트랫만(Philipp Stratmann)은 중동, 특히 UAE 내에서 자사 서비스에 대한 수요 증가에 대한 기대감을 표명했습니다. 이 전시회가 해당 지역에서의 활동을 더욱 향상시킬 것이라고 회사는 기대하고 있습니다.
Ocean Power Technologies (NYSE American: OPTT) a expédié un Véhicule de Surface Autonome (USV) WAM-V vers les Émirats Arabes Unis, suite à l'annonce de son partenariat avec Unique Group en juin 2024. Le WAM-V de 22 pieds sera présenté lors de ADIPEC, un événement majeur de l'industrie énergétique à Abu Dhabi du 4 au 7 novembre 2024. Cette initiative vise à mettre en avant les services de véhicules autonomes d'OPT auprès de clients potentiels dans le secteur de l'énergie offshore.
Unique Group, un fournisseur de services offshore basé aux Émirats Arabes Unis et comptant plus de 500 employés dans le monde, démontrera le véhicule aux entreprises d'énergie offshore. Le PDG d'OPT, Philipp Stratmann, a exprimé son enthousiasme face à la demande croissante de leurs services au Moyen-Orient, en particulier aux Émirats. La société prévoit que cette exposition augmentera encore son activité dans la région.
Ocean Power Technologies (NYSE American: OPTT) hat ein unbemanntes Oberflächenfahrzeug (USV) vom Typ WAM-V in die VAE verschickt, nachdem sie im Juni 2024 eine Partnerschaft mit Unique Group angekündigt hatten. Der 22 Fuß lange WAM-V wird vom 4. bis 7. November 2024 auf der ADIPEC, einer wichtigen Veranstaltung der Energiebranche in Abu Dhabi, ausgestellt. Mit diesem Schritt möchte OPT seine autonomen Fahrzeugdienste potenziellen Kunden im Offshore-Energiesektor präsentieren.
Unique Group, ein in den VAE ansässiger Anbieter von Offshore-Dienstleistungen mit über 500 Mitarbeitern weltweit, wird das Fahrzeug vor Offshore-Energieunternehmen demonstrieren. Der CEO von OPT, Philipp Stratmann, äußerte sich begeistert über die steigende Nachfrage nach ihren Dienstleistungen im Nahen Osten, insbesondere in den VAE. Das Unternehmen erwartet, dass diese Ausstellung ihre Aktivitäten in der Region weiter ankurbeln wird.
- Expansion into the Middle East market with shipment of WAM-V to UAE
- Partnership with Unique Group, a major offshore services provider
- Participation in ADIPEC, a significant energy industry event
- Increasing demand for OPT's services in the Middle East
- None.
Ships WAM-V to the United Arab Emirates
MONROE TOWNSHIP, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has shipped a WAM-V Unmanned Surface Vehicle (“USV”) to the UAE. This follows the June 2024 announcement of its partnership with Unique Group (“Unique”), a UAE headquartered offshore services and equipment provider, offering multiple products and services to customers in a range of industry sectors. Unique has more than 500 employees and operational bases around the world. Unique and OPT will exhibit the 22ft WAM-V at ADIPEC, which takes place from 4-7 November 2024 in Abu Dhabi and brings together more than 2,200 organizations from the full spectrum of the global energy ecosystem to showcase the latest breakthroughs shaping the future of energy.
Philipp Stratmann, OPT’s CEO and President, stated his enthusiasm for this development. “We are excited to see the continued increase in demand for our services in the Middle East in general and the UAE specifically. We believe having Unique demonstrate the vehicle to offshore energy companies will further increase our activity levels in this region. We look forward to meeting many potential customers during ADIPEC.”
For additional information about OPT and its services, please visit our website Ocean Power Technologies.
ABOUT OCEAN POWER TECHNOLOGIES
OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.
FORWARD-LOOKING STATEMENTS:
This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the ultimate commercial success of the Unique partnership and the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
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