Ocean Power Technologies signs OEM agreement with Teledyne Marine

  • Ocean Power Technologies (NYSE:OPTT) on Thursday announced the signing of an Original Equipment Manufacture agreement with Teledyne Marine, a division of Teledyne Technologies (NYSE:TDY), a supplier in the maritime technology inclusive of connectors, instruments, and vehicles.
  • “This strategic partnership aims to enhance OPT’s product offerings and drive innovation within the industry providing customers with a turnkey system,” it said.
  • Source: Press Release