10:14 AM EDT, 07/08/2024 (MT Newswires) -- Ocean Power Technologies ( OPTT ) said Monday it signed a reseller agreement with marine survey and navigation equipment supplier Survey Equipment Services for its WAM-V unmanned surface vehicles in the US.

The deal also includes provisions for operators, the company said.

Ocean Power ( OPTT ) said Survey Equipment has procured a WAM-V available immediately for demonstrations.

Ocean Power ( OPTT ) shares were up more than 13% in recent trading.

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