Ocean Power Technologies (OPTT) announced that it has been awarded a contract valued at more than $5 million by the Department of Homeland Security to deploy and operate four PowerBuoy systems off the coast of San Diego. The contract will see the near‑term delivery of the buoys, each equipped with OPTT’s MERROWS payload and integrated into the Coast Guard’s command, control, communications, computers, and intelligence (C4I) environment.
Each PowerBuoy will work in concert with surveillance towers from defense technology firm Anduril. Data collected by the buoys and the towers will be transmitted to Anduril’s Lattice command‑and‑control system, providing real‑time situational awareness for the Coast Guard’s maritime security mission. The integration of OPTT’s autonomous buoy platform with Anduril’s AI‑driven sensor fusion enhances the Coast Guard’s ability to detect and track vessels in the San Diego area.
The award adds a high‑margin, recurring revenue stream to OPTT’s growing portfolio of maritime domain‑awareness solutions. By securing this contract, OPTT strengthens its strategic partnership with the Coast Guard and positions itself for future multi‑year contracts in the U.S. maritime security arena. The deal also signals confidence from federal agencies in OPTT’s technology, potentially opening doors to additional defense and homeland security opportunities.
The contract underscores the broader trend of expanding maritime domain awareness capabilities. As the Coast Guard seeks to enhance border protection, counter‑narcotics, and search‑and‑rescue operations, autonomous platforms like PowerBuoy provide persistent surveillance that complements fixed‑site sensors. OPTT’s role in this ecosystem highlights its growing influence in a critical national security domain.
Overall, the $5 million contract represents a strategic win for OPTT, reinforcing its foothold in federal defense markets and setting the stage for further growth in maritime surveillance and security services.
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