Leading Intelligence in Persistent Maritime Domain Solutions | Top Border Security Solutions Company-2023
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Leading Intelligence in Persistent Maritime Domain Solutions

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The tides are shifting with the advancement of technology, necessitating a demand for digitalization and stable communication in the maritime industry. Today’s maritime operations, including fishing, transportation, scientific research, and border control security, rely on data to function at optimum levels.

However, floating buoys that carry the sensors, data acquisitors and communication devices to facilitate real-time decision-making and enhanced monitoring require a reliable and secure power solution. Better power supplies would improve connectivity and facilitate large-scale, real-time data transfers for applications like hydrographic surveys, marine life monitoring, illegal unreported and unregulated (IUU) fishing, maritime domain awareness (MDA) and vessel tracking, among others.

Working across multiple industries to provide intelligent maritime solutions and services that enable safer and more productive ocean operations is Ocean Power Technologies (OPT).

Since its inception, OPT has developed core technologies that harness the ocean’s power to generate electrical energy. It designed its proprietary PowerBuoy wave energy converter (WEC) as a novel wave energy device capable of generating large quantities of power for the grid.

Now, OPT has improved upon this technology optimizing size to power intelligent maritime solutions and provide enhanced connectivity. This enables safer and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets.

The company provides 24/7 full-scale data capabilities and real-time communications for the increasing electrical needs of offshore industries, scientific research, territorial security, and other applications without the need for human intervention.

A Product Evolution

Over the years, OPT has emerged as a pioneer in delivering products and solutions geared toward marine data, power, and services with an emphasis on sustainability, protection of ocean resources, and contributing to the blue economy. It shifted PowerBuoy’s focus to find more specific niches as offshore power systems, surveillance, and communication devices.

“Our sustainable power generation and data capabilities with low- and low-to-no-carbon solutions allow for smarter and faster actionable insights for ocean operations that are becoming increasingly digitized,” says Matthew Burdyny, Vice President of Sales and Marketing at Ocean Power Technologies. “These solutions are ideally suited to enable customers to lower their costs and carbon emissions associated with offshore defense and security and ocean energy production while providing full persistent MDA above and below the waterline.”

  • It is our passion that fuels our drive to innovate and put technology in the hands of our men and women on the front lines to help provide a voice to those that don’t have one in the fight against IUU fishing, human trafficking, drug smuggling, and other illicit activities

Maritime surveillance, domain awareness, and shoreline border security are daunting challenges due to the vast areas that must be monitored, weather-related access limitations, and the significant manpower required. The PowerBuoy offshore power and data platform can support multiple sensors and communication equipment to enable an autonomous approach to monitoring and detection, providing real-time data processing and data transmission capabilities critical to actionable intelligence.

OPT provides maritime domain awareness through radar, automatic identification systems (AIS), HD thermal cameras, and passive acoustic sonar systems. This array of sensor systems tracks all types of vessels, from full submersibles to fishing and panga boats.

“For instance, if we hear something on a passive sonar array, even though nothing is caught on our cameras or the radar, that’s an automatic flag for us to focus and inspect below the water surface,” elaborates Burdyny.

Proprietary Solutions Made Better

OPT’s first fully commercial product was the PB3 PowerBuoy, which acts as an uninterruptible power supply (UPS) that constantly recharges itself by harvesting energy from the waves. It is ocean-deployed, moored, and floats over the point of use and supplies power continuously to onboard payloads or equipment located on the seabed while providing real-time data transfer and communication to remote shore facilities.


We create a geofence on the water surveillance system by combining leading edge sensors in a coherent system and providing intelligence to the decision points in real-time allowing our customers to focus on interdiction rather than detection and identification

To expand its product line and diversify its solutions, OPT also introduced the hybrid PowerBuoy as an alternative to the PB3 PowerBuoy in locations with extreme weather conditions, heavy seas, or low waves. Instead of using the motion of the waves, the hybrid PowerBuoy is equipped with solar panels and a Stirling backup engine to give power to the topside or subsea payloads. In OPT’s latest evolution the buoy has transitioned to harness wind, solar, and waves to facilitate enhanced power generation and provide optimized persistence in any maritime environment.

Today, PowerBuoy-based solutions provide power and communications for a wide range of offshore applications. Its data communications abilities enable new technical solutions and enhance capability in remote offshore locations and offer real-time remote user control and equipment monitoring.

OPT’s highly reliable and proven technologies serve different fields of applications and give it a competitive edge over its peers.

“We create a geofence on the water surveillance system by combining leading edge sensors in a coherent system and providing intelligence to the decision points in real-time allowing our customers to focus on interdiction rather than detection and identification. Marrying the OPT autonomous surface vehicle that acts like the mobile node and the moored system as the stationary node offers information without gaps that bad actors can take advantage of,” says Burdyny. “Our buoys also hide in plain sight and look like nothing more than a navigation aid.”

Constantly Innovating with Technology and Collaboration

To remain technologically advanced, it seeks out partners that complement its core technology. In early 2021, OPT acquired 3Dent Technology, now Strategic Consulting, an offshore energy engineering and design services company with expertise in structural engineering, hydrodynamics, and naval architecture.

The 3Dent team forms the core of OPT’s Strategic Consulting Services, providing offshore engineering consultation to support oil and gas, offshore wind, and other industries, from early-stage innovation to detailed structural analysis.

By the end of 2021, OPT had also acquired Marine Advanced Robotics, a developer and manufacturer of autonomous surface vehicles (ASV). The wholly-owned company offers three models of highly maneuverable and stable ASVs using Wave Adaptive Modular Vessel (WAM-V) technology–the ultra-portable 8-foot WAM-V 8, the WAM-V 16, and the more powerful WAM-V 22–along with marine robotics services. Now with the combination of businesses under the OPT fold this enables users to leverage the MDA PowerBuoys to geofence a region for detection and identification of threats while utilizing the WAM-V for further investigation and interrogation. The power generation capability of the PowerBuoy enables the WAM-V to remain in persistence, dock, and recharge.

OPT continues to lead the way in ocean-energy technology, with plans to expand the PowerBuoy platform by integrating patented technologies in hydrodynamics, electronics, energy storage, energy conversion, and computer control systems to produce reliable, clean, and environmentally beneficial electricity for long or short-term offshore applications

“As part of our expansion, we have been consistently onboarding top talent and enhancing the operational capacity of our business. We are also investing heavily in engineering to drive rapid innovation and optimize what is considered core IP. This will involve more acquisitions and partnerships along the way to expand our products, remain nimble, and move quickly. It is our passion that fuels our drive to innovate and put technology in the hands of our men and women on the front lines to help provide a voice to those that don’t have one in the fight against IUU fishing, human trafficking, drug smuggling, and other illicit activities.,” says Burdyny.

Top 10 Border Security Solutions Companies- 2023

Company
Ocean Power Technologies

Management
Matthew Burdyny, Vice President, Sales & Marketing, Ocean Power Technologies.

Description
A pioneer in ocean-energy technology and maritime security solutions, OPT's sustainable power generation and data capabilities with low- and low- to no-carbon solutions allow for smarter and faster actionable insights for ocean operations that are becoming increasingly digitized.

Ocean Power Technologies News

Ocean Power Technologies, Inc. to Participate in Water Tower Fireside Chat Series

MONROE TOWNSHIP - Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative, cost-effective, and autonomous low-carbon marine data, power, and consulting service solutions, today announced Matt Burdyny, Vice President, Global Sales & Marketing, will be participating in the Water Tower Research Fireside Chat Series on April 28, 2023, at 11:00 am ET.

This event is open access for all investors to participate. Topics will include:

• The recent announcement from various government agencies that will further accelerate operationalizing OPTT’s strategy.

• How OPTT has positioned itself to service the government market and still maintain a solid commercial market offering.

• The introduction of next-generation technologies, which the company is already field testing.

Interested parties can register for the event at the link below. Replays of the webcast will also be available after the event.

Ocean Power Technologies Awarded Contract with WildAid and Caribbean Law Enforcement to Combat Illegal Fishing with Uncrewed Technologies

MONROE TOWNSHIP, N.J., : Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced they have entered a contract with WildAid and Caribbean Law Enforcement partners. This collaboration aims to protect vital marine species and combat illegal, unreported, and unregulated (IUU) fishing activities in critical habitats using OPT's state-of-the-art uncrewed technologies.

Under this new agreement, OPT will provide WildAid and their Caribbean Law Enforcement partners with an OPT WAM-V 16 Uncrewed Surface Vessel (USV) equipped with an integrated quadcopter aerial drone. This cutting-edge technology will empower law enforcement agencies and conservation organizations to safeguard marine life from illegal harvesting while ensuring the sustainability of these critical ecosystems.

WildAid, an organization dedicated to inspiring change and empowering the world to protect wildlife and essential habitats from critical threats, including illegal fishing, wildlife trafficking, and climate change, will play a pivotal role in this partnership. WildAid's work spans the globe, with innovative communications campaigns reaching millions of people in China, Southeast Asia, Africa, and the U.S., encouraging them to take action to protect endangered wildlife and reduce climate impacts.

The collaboration between OPT, WildAid, and Caribbean Law Enforcement will harness the power of uncrewed surface and air assets to identify, track, and collect data from individuals seeking to disrupt the pattern of life and threaten the environment through their illicit activities. These technologies will provide unprecedented, networked surveillance capabilities and evidence collection, allowing authorities to gather critical information and support legal actions while keeping personnel safely out of harm's way until the precise time and conditions favor interdiction efforts.

This partnership represents a significant step forward in the fight against illegal fishing and the protection of marine life in vital habitats. OPT's uncrewed technologies, coupled with the expertise of WildAid and Caribbean Law Enforcement, will contribute to the preservation of marine ecosystems and the prevention of IUU fishing activities, which pose a significant threat to the environment.

"Ocean Power Technologies is honored to work with WildAid and Caribbean Law Enforcement on this vital initiative," said OPT CEO and President, Philipp Stratmann. "Our uncrewed technologies are a game-changer in the fight against illegal fishing. This is a natural extension of our work in the defense and offshore energy markets, and we are proud to contribute to this crucial effort to protect marine species and their habitats. We believe these kinds of autonomous deployments will also be of great interest for applications such as border protection and homeland security."

Through this collaboration, Ocean Power Technologies, WildAid, and Caribbean Law Enforcement are determined to make a substantial difference in preserving marine life and critical habitats, setting an example for innovative conservation efforts worldwide.

Ocean Power Technologies Advances Maritime Domain Awareness Solution with Successful Demonstrations

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to share exciting news with Proactive regarding the company's recent achievement in completing multiple offshore demonstrations for potential customers of its Artificial Intelligence-capable Maritime Domain Awareness Solution, Merrows. These demonstrations were conducted utilizing OPT's Next Generation PowerBuoy, marking a significant milestone in showcasing the solution's capabilities to key stakeholders.

Stratmann emphasized that these successful field demonstrations position OPT uniquely, allowing the company to demonstrate the fully functional Intelligence, Surveillance, and Reconnaissance (ISR) capabilities of the PowerBuoy directly to potential customers. By bypassing traditional paper studies and accelerating the sales cycle, OPT demonstrates its commitment to providing innovative and practical solutions to meet evolving maritime security needs.

The Next Generation PowerBuoy, designed with survivability and cybersecurity in mind, offers a secure and reliable platform for collecting actionable intelligence in maritime environments. With the ability to securely connect to the Merrows solution from anywhere in the world, OPT provides customers with real-time insights and situational awareness to enhance maritime security operations.

Furthermore, OPT's solution is designed to integrate seamlessly with Advanced AI systems, leveraging data generated by the PowerBuoy to feed into Large Language Models and other AI technologies. This integration enhances the effectiveness of maritime surveillance and enables proactive decision-making to address emerging threats and challenges.

Looking ahead, OPT is scheduled to conduct further demonstrations for additional potential customers, including overseas prime contractors, in the coming weeks. These ongoing efforts underscore OPT's commitment to advancing maritime security capabilities and delivering innovative solutions to meet the evolving needs of the maritime industry.

Ocean Power Technologies CEO Philipp Stratmann Announces Contract for AI-Enhanced PowerBuoy

VANCOUVER - Ocean Power Technologies (OPT), a leader in innovative ocean energy solutions, has secured a significant new contract for the immediate delivery of a PowerBuoy equipped with Merrows, its cutting-edge Artificial Intelligence capable Maritime Domain Awareness Solution. CEO Philipp Stratmann shared this exciting news with Steve Darling from Proactive, highlighting that this contract, focused on deployment in the Middle East, is set to generate revenues within the current quarter.

In his discussion with Steve Darling from Proactive, Stratmann emphasized that this achievement builds on the company's previous announcement of its selection as a preferred supplier for its Merrows-equipped buoys in the region. This new revenue-generating contract underscores OPT's continued business growth across all its product lines, including WAM-Vs (Wave Adaptive Modular Vessels) and PowerBuoys.

Stratmann elaborated on the strategic importance of this shipment, which features a solar and wind-powered system. He noted that it demonstrates OPT's capability to provide robust and versatile solutions capable of servicing a wide range of marine environments globally. The deployment of this AI-enhanced PowerBuoy not only strengthens OPT's presence in the Middle East but also exemplifies its commitment to delivering advanced maritime technology solutions worldwide.