Ocean Power Technologies and Mythos AI Partner to Advance Autonomous Maritime Capabilities
Ocean Power Technologies (NYSE: OPTT) announced a partnership with Mythos AI to integrate advanced AI autonomy software across OPTT’s WAM-V autonomous surface vehicles and PowerBuoy platforms. The collaboration aims to deliver a complete autonomy ecosystem combining hardware, power, and AI software to improve endurance, situational awareness, obstacle avoidance, multi-vehicle coordination, and vehicle-buoy collaboration.
Initial integrated demonstrations are scheduled for Q1 2026. The partnership targets defense, security, and commercial customers and seeks to expand OPTT’s addressable market in autonomous maritime systems.
Ocean Power Technologies (NYSE: OPTT) ha annunciato una partnership con Mythos AI per integrare software di autonomia avanzata basato sull'IA nei veicoli autonomi di superficie WAM-V di OPTT e sulle piattaforme PowerBuoy. La collaborazione punta a fornire un ecosistema di autonomia completo che combini hardware, energia e software IA per migliorare la resistenza, la consapevolezza situazionale, l'evitamento degli ostacoli, il coordinamento tra più veicoli e la collaborazione tra veicolo e boa.
Le dimostrazioni integrate iniziali sono programmate per il Q1 2026. La partnership è rivolta a clienti nel settore difesa, sicurezza e commercio e cerca di espandere il mercato indirizzabile di OPTT nei sistemi marittimi autonomi.
Ocean Power Technologies (NYSE: OPTT) anunció una asociación con Mythos AI para integrar software de autonomía avanzada de IA en los vehículos de superficie autónomos WAM-V de OPTT y en las plataformas PowerBuoy. La colaboración tiene como objetivo ofrecer un ecosistema completo de autonomía que combine hardware, energía y software de IA para mejorar la resistencia, la conciencia situacional, la evitación de obstáculos, la coordinación entre múltiples vehículos y la colaboración entre vehículo y boya.
Las demostraciones integradas iniciales están programadas para el Q1 2026. La asociación apunta a clientes de defensa, seguridad y comerciales y busca expandir el mercado direccionable de OPTT en sistemas marítimos autónomos.
Ocean Power Technologies (NYSE: OPTT)는 Mythos AI와 파트너십을 발표하여 OPTT의 WAM-V 자율 표면선박과 PowerBuoy 플랫폼 전반에 걸쳐 첨단 AI 자율 소프트웨어를 통합합니다. 이 협력은 하드웨어, 에너지 및 AI 소프트웨어를 결합한 완전한 자율 생태계를 제공하여 내구성, 상황 인식, 장애물 회피, 다중 차량 간 조정 및 차량-부표 협력을 개선하는 것을 목표로 합니다.
초기 통합 시연은 Q1 2026에 예정되어 있습니다. 이 파트너십은 방위, 보안 및 상업 고객을 대상으로 하며 자율 해양 시스템에서 OPTT의 주소 지정 가능한 시장을 확장하려고 합니다.
Ocean Power Technologies (NYSE: OPTT) a annoncé un partenariat avec Mythos AI pour intégrer un logiciel d’autonomie avancé basé sur l’IA dans les véhicules autonomes de surface WAM-V d’OPTT et les plateformes PowerBuoy. La collaboration vise à délivrer un écosystème d’autonomie complet combinant matériel, énergie et logiciel IA afin d’améliorer l’endurance, la conscience de la situation, l’évitement des obstacles, la coordination multi-véhicules et la collaboration véhicule-bouée.
Les démonstrations intégrées initiales sont prévues pour le Q1 2026. Le partenariat cible les clients de la défense, de la sécurité et commerciaux et cherche à élargir le marché adressable d’OPTT dans les systèmes maritimes autonomes.
Ocean Power Technologies (NYSE: OPTT) hat eine Partnerschaft mit Mythos AI angekündigt, um fortschrittliche KI-Autonomie-Software über OPTTs WAM-V-Autonomie-Uebeflächenfahrzeuge und PowerBuoy-Plattformen zu integrieren. Die Zusammenarbeit zielt darauf ab, ein vollständiges Autonomie-Ökosystem zu liefern, das Hardware, Energie und KI-Software kombiniert, um Ausdauer, Situationsbewusstsein, Hindernisvermeidung, Koordination mehrerer Fahrzeuge und Zusammenarbeit zwischen Fahrzeug und Boje zu verbessern.
Erstdemonstrationen sind für Q1 2026 geplant. Die Partnerschaft richtet sich an Verteidigungs-, Sicherheits- und kommerzielle Kunden und strebt an, OPTTs adressierbaren Markt für autonome Maritime-Systeme zu erweitern.
Ocean Power Technologies (NYSE: OPTT) أعلنت عن شراكة مع Mythos AI لدمج برنامج ذكاء اصطناعي مستقل متقدم عبر مركبات OPTT السطحية المستقلة من فئة WAM-V ومنصات PowerBuoy. تسعى الشراكة إلى توفير منظومة استقلالية كاملة تجمع بين الأجهزة والطاقة وبرنامج الذكاء الاصطناعي لتحسين القدرة على التحمل، والوعي بالموقف، وتفادي العقبات، والتنسيق بين مركبات متعددة، والتعاون بين المركبة والبوّة.
سيتم جدولة العروض التوضيحية المتكاملة الأولية لـ Q1 2026. تستهدف الشراكة عملاء الدفاع والأمن والتجاريين وتسعى إلى توسيع السوق القابل للاستهداف لـ OPTT في الأنظمة البحرية المستقلة.
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Insights
Partnership expands OPTT's autonomous capability set and targets near-term demonstrations in
Ocean Power Technologies pairs its fielded hardware with Mythos AI's autonomy stack to create an end-to-end autonomy offering across WAM-V® ASVs and PowerBuoy® platforms. The business mechanism connects proven marine platforms, onboard power and systems-integration expertise with software for edge processing, sensor fusion and adaptive learning so OPT can sell bundled hardware-plus-software solutions.
Key dependencies include successful system integration, sea-trial performance, and customer acceptance in defense, security and commercial segments. Execution risk centers on meeting the stated capabilities—real-time edge processing, obstacle avoidance, multi-vehicle coordination—during the planned demonstrations in
Watch for concrete outcomes from the
MONROE TOWNSHIP, N.J., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a leader in intelligent maritime systems and ocean energy solutions, today announced a partnership with Mythos AI to integrate advanced AI-driven autonomy software across OPT’s fleet of WAM-V® Autonomous Surface Vehicles (ASVs) and PowerBuoy® platforms.
This collaboration is designed to enhance OPT’s operational capabilities and accelerate the range of integrated solutions the company can deliver to customers in defense, security, and commercial sectors while expanding OPT’s addressable market by strengthening its position in the fast growing autonomous and intelligent systems domain. OPT believes that the combination of OPT’s proven ocean platforms and systems integration expertise with Mythos AI’s advanced autonomy architecture will enable greater endurance, adaptability, and mission versatility at sea. OPT now offers a complete autonomy ecosystem including hardware, power, and AI software.
"This partnership should strengthen our ability to deliver high-performance autonomous maritime systems that are flexible, scalable, and ready for real-world missions," said Philipp Stratmann, President and CEO of Ocean Power Technologies. "By integrating Mythos AI’s autonomy framework, we believe OPT will accelerate how quickly and broadly we can deploy advanced capabilities for our customers, without limiting the openness of our platforms or our ability to customize solutions."
Under the agreement, OPT and Mythos AI will integrate the autonomy stack into OPT’s existing WAM-V® fleet, with initial demonstrations scheduled for the first quarter of 2026. The systems will leverage real-time edge processing, multi-sensor fusion, and adaptive learning for enhanced situational awareness, obstacle avoidance, multi-vehicle coordination, and, in later phases, advanced vehicle-buoy collaboration.
"Mythos AI is excited to collaborate with OPT to push the boundaries of intelligent autonomy on the water," said Geoff Douglass, CEO of Mythos AI. "OPT’s robust, field-proven platforms provide an exceptional foundation to showcase how software-driven autonomy can transform maritime operations."
This partnership supports OPT’s broader strategy to deliver modular, persistent, and intelligent systems that integrate power, autonomy, and communications, helping customers operate more efficiently, safely, and sustainably in complex maritime environments.
For more information about Ocean Power Technologies, please visit www.OceanPowerTechnologies.com.
ABOUT OCEAN POWER TECHNOLOGIES
OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.
FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the potential continuing success with Mythos AI, the delivery of customer products and services over extended timeframes, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
CONTACT INFORMATION
Investors: 203-561-6945 or investorrelations@oceanpowertech.com
Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com
FAQ
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