Ocean Power Technologies participated in a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment and Energy Committee.
OPT President and CEO emphasized New Jersey's potential in the marine energy sector.
The successful deployment of an AI-capable Merrows™ PowerBuoy® was highlighted as a significant milestone.
Marine Energy Sector Leadership
OPT showcased its marine technology solutions for clean energy and environmental monitoring.
New Jersey's Opportunity
The state was emphasized as capable of positioning itself as a global hub for marine energy with the right support.
Innovation for Defense and Power
OPT's integration of advanced technologies in marine systems was underscored for defense and environmental applications.
- The testimony emphasized the importance of industry collaboration and real-world testing in state waters.
- New Jersey's assets and expertise could drive innovation, job creation, and enhance climate resilience and national security.
Ocean Power Technologies envisions a future where New Jersey leads in marine energy innovation and sustainability, driving economic growth and environmental stewardship.