Ocean Power Technologies, Inc. announced an expanded partnership with Unique Group in the UAE.
This partnership involves a Master Services Agreement for non-defense WAM-V USV projects.
Unique Group will lease an OPT WAM-V 22 unmanned surface vehicle and collaborate on fleet expansion in the region.
Strategic Collaboration
The Master Services Agreement formalizes and expands the strategic collaboration between Ocean Power Technologies and Unique Group.
Operational Advantages
The agreement aims to accelerate WAM-V deployments, generate revenue, and scale lease income in the UAE efficiently.
Technology Transfer
The partnership supports a long-term growth framework for customer execution, vehicle upgrades, and technology transfer while preserving proprietary capabilities.
- The agreement reflects mutual confidence between Ocean Power Technologies and Unique Group in advancing maritime autonomy.
- The collaboration is expected to reduce operational risk, carbon emissions, and costs in maritime operations, starting with the WAM-V 22 USV.
The partnership between Ocean Power Technologies and Unique Group marks a significant step towards maritime autonomy and operational efficiency in the UAE.