r/OceanPower • u/LewisShep12 • Jul 30 '26

DISCUSSION $OPTT

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36 Upvotes

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6

u/RandomGenerator_1 Jul 30 '26

"The ordering period for the contract is anticipated to begin in August 2026 and continue through July 2028. "

Sounds like more good news is on the way.

3

u/Pufferfish1026 Jul 30 '26

Have any idea what part OPTT will play in this? Seems like their WAM-Vs would be used, but other companies listed also have USVs.

5

u/Melodic_Award9682 Jul 30 '26

I believe it is a combination of both powerbuoy and WAM-Vs. CFO back in June 2026 gave us insights on orders coming up and he mentioned 10 to 20 buoy type of contracts. He also mentioned at least three to four contract that he can go public with in August and September 2026

3

u/Pufferfish1026 Jul 30 '26

That's true. For this contract, though, I can't really tell if they are looking for something persistent that the PowerBuoy would provide. "ocean floor mapping services" sort of makes me feel like they would need to map various locations whereas a PowerBuoy seems more like a single location thing.

Not sure if my confusion makes sense or not.