PENNINGTON, N.J. – Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") today announced the deployment off New Jersey of its innovative autonomous wave energy device, marking an important milestone in the roll-out of the Company's Autonomous PowerBuoy® ("APB") product line.<br />
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This latest deployment, 35 miles off the coast and in 43 meters of water depth, is in connection with a previously-announced Cooperative Research and Development Agreement ("CRADA") with ...This story is related to the following:Electrical Equipment and Systems Sponsored by: Globtek Inc. - MOBILE BANNER ADPower Take-Off (PTO) Driven Generators | Marine Generators | Buoys