Ocean Power Technologies and Mitsui Engineering & Shipbuilding announce agreement to commercialize PowerBuoys? Friday, Nov 01, 2013 Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or the "Company") and Mitsui Engineering & ...
Tags: Transportation, bike, Service
The ¥70 million (approximately US $900,000) contract from Mitsui (MES) will be to further develop the Company’s PowerBuoy technology for Japanese sea conditions. Under the contract, OPT will continue to analyse methods to ...
Tags: Mitsui, PowerBuoy technology, sea conditions