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Ocean Power Technologies Signs 12-Month PowerBuoy Lease With Stanford for Marine Research

PUBT·11/09/2026 13:17:16
Ocean Power Technologies Signs 12-Month PowerBuoy Lease With Stanford for Marine Research
  • Ocean Power Technologies announced a 12-month PowerBuoy lease agreement with Stanford Doerr School of Sustainability to support marine research.
  • The arrangement would transfer the Naval Postgraduate School's lease to Stanford, keeping the system in Monterey Bay, California.
  • The lease includes remote monitoring, diagnostics and maintenance; third-party research instruments would require separate arrangements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611090815PRIMZONEFULLFEED9872518) on November 09, 2026, and is solely responsible for the information contained therein.