Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities
Ocean Power Technologies (NYSE American: OPTT) has announced a strategic partnership with Gradient Marine to enhance its digital capabilities. The collaboration will integrate Gradient Marine's Virtual Maritime Picture (VMP) software to develop digital twins for OPT's flagship platforms, including the PowerBuoy® and WAM-V® autonomous surface vehicles.
The partnership aims to enable simulation-before-deployment capabilities, allowing customers to conduct real-world simulation, mission rehearsal, and lifecycle testing in virtual environments. This integration is expected to accelerate development cycles and reduce operational risk across defense, offshore, and commercial sectors.
The collaboration will expand OPT's digital engineering processes and provide access to Gradient Marine's Department of Defense customer network, targeting opportunities in defense, offshore wind, aquaculture, subsea infrastructure, and environmental monitoring.
Ocean Power Technologies (NYSE American: OPTT) ha annunciato una partnership strategica con Gradient Marine per potenziare le sue capacità digitali. La collaborazione integrerà il software Virtual Maritime Picture (VMP) di Gradient Marine per sviluppare gemelli digitali delle piattaforme principali di OPT, tra cui la PowerBuoy® e i veicoli autonomi WAM-V®.
L'obiettivo è consentire simulazioni prima della messa in funzione, permettendo ai clienti di condurre simulazioni reali, prove di missione e test del ciclo di vita in ambienti virtuali. Si prevede che questa integrazione acceleri i cicli di sviluppo e riduca i rischi operativi nei settori difesa, offshore e commerciale.
La collaborazione amplierà i processi di ingegneria digitale di OPT e offrirà accesso alla rete di clienti del Dipartimento della Difesa di Gradient Marine, mirando a opportunità nei settori difesa, offshore eolico, acquacoltura, infrastrutture sottomarine e monitoraggio ambientale.
Ocean Power Technologies (NYSE American: OPTT) ha anunciado una asociación estratégica con Gradient Marine para potenciar sus capacidades digitales. La colaboración integrará el software Virtual Maritime Picture (VMP) de Gradient Marine para desarrollar gemelos digitales de las plataformas insignia de OPT, incluidas PowerBuoy® y los vehículos autónomos WAM-V®.
La asociación tiene como objetivo permitir capacidades de simulación previa al despliegue, permitiendo a los clientes realizar simulaciones en el mundo real, ensayos de misión y pruebas de ciclo de vida en entornos virtuales. Se espera que esta integración acelere los ciclos de desarrollo y reduzca el riesgo operativo en defensa, offshore y sectores comerciales.
La colaboración ampliará los procesos de ingeniería digital de OPT y proporcionará acceso a la red de clientes del Departamento de Defensa de Gradient Marine, orientándose a oportunidades en defensa, offshore eólico, acuicultura, infraestructura submarina y monitoreo ambiental.
Ocean Power Technologies (NYSE American: OPTT)가 디지털 역량 강화를 위해 Gradient Marine과 전략적 파트너십을 발표했습니다. 이 협업은 Gradient Marine의 Virtual Maritime Picture(VMP) 소프트웨어를 통합하여 OPT의 주력 플랫폼인 PowerBuoy® 및 자율 표면 차량 WAM-V®의 디지털 트윈을 개발합니다.
파트너십은 배치 전 시뮬레이션 기능을 가능하게 하여 고객이 가상 환경에서 실제 시뮬레이션, 임무 리허설 및 수명 주기 테스트를 수행할 수 있도록 합니다. 이 통합은 개발 주기를 가속하고 방위, 해상 석유 platform, 상업 부문 전반의 운용 위험을 줄일 것으로 기대됩니다.
협업은 OPT의 디지털 엔지니어링 프로세스를 확장하고 Gradient Marine의 국방 고객 네트워크에 접근할 수 있게 하여 방위, 해상 풍력, 양식업, 수중 인프라 및 환경 모니터링 분야의 기회를 겨냥합니다.
Ocean Power Technologies (NYSE American: OPTT) a annoncé un partenariat stratégique avec Gradient Marine pour améliorer ses capacités numériques. La collaboration intégrera le logiciel Virtual Maritime Picture (VMP) de Gradient Marine afin de développer des jumeaux numériques pour les plateformes phares d’OPT, y compris le PowerBuoy® et les véhicules autonomes WAM-V®.
Ce partenariat vise à permettre des capacités de simulation avant déploiement, permettant aux clients de réaliser des simulations réelles, des répétitions de mission et des tests de cycle de vie dans des environnements virtuels. Cette intégration devrait accélérer les cycles de développement et réduire les risques opérationnels dans les secteurs de la défense, offshore et commercial.
La collaboration étendra les processus d’ingénierie numérique d’OPT et offrira un accès au réseau de clients du Département de la Défense de Gradient Marine, ciblant des opportunités dans la défense, l’éolien en mer, l’aquaculture, les infrastructures sous-marines et la surveillance environnementale.
Ocean Power Technologies (NYSE American: OPTT) hat eine strategische Partnerschaft mit Gradient Marine angekündigt, um seine digitalen Fähigkeiten zu verbessern. Die Zusammenarbeit integriert die Virtual Maritime Picture (VMP)-Software von Gradient Marine, um digitale Zwillinge für OPTs Flaggschiff-Plattformen zu entwickeln, darunter PowerBuoy® und die autonomen Oberflächenfahrzeuge WAM-V®.
Ziel der Partnerschaft ist es, Simulationsmöglichkeiten vor dem Einsatz zu ermöglichen, sodass Kunden reale Simulationen, Missionsübungen und Lebenszyklustests in virtuellen Umgebungen durchführen können. Es wird erwartet, dass diese Integration die Entwicklungszyklen beschleunigt und das operative Risiko in Verteidigung, Offshore und kommerziellen Sektoren senkt.
Die Zusammenarbeit wird OPTs digitale Engineering-Prozesse erweitern und den Zugang zum Verteidigungskunden-Netzwerk von Gradient Marine ermöglichen, wobei sich Chancen in Verteidigung, Offshore-Wind, Austernzucht, Unterseekabel-Infrastruktur und Umweltüberwachung ergeben.
Ocean Power Technologies (NYSE American: OPTT) أعلنت عن شراكة استراتيجية مع Gradient Marine لتعزيز قدراتها الرقمية. ستدمج الشراكة برنامج Virtual Maritime Picture (VMP) الخاص بـ Gradient Marine لتطوير التوائم الرقمية لمنصات OPT الرائدة، بما في ذلك PowerBuoy® ومركبات السطح المستقلة WAM-V®.
تهدف الشراكة إلى تمكين قدرات المحاكاة قبل النشر، مما يسمح للعملاء بإجراء محاكاة واقعية وتدريبات مهمة واختبارات دورة الحياة في بيئات افتراضية. من المتوقع أن تُسرّع هذه الدمج دورات التطوير وتقلل من مخاطر التشغيل في مجالات الدفاع والخ Transfer Offshore والتجاري.
ستوسع هذه الشراكة عمليات الهندسة الرقمية لدى OPT وتوفر الوصول إلى شبكة عملاء وزارة الدفاع لدى Gradient Marine، مع استهداف فرص في الدفاع وطاقة الرياح البحرية والاستزراع المائي والبنية التحتية تحت الماء والرصد البيئي.
Ocean Power Technologies (NYSE American: OPTT) 宣布与 Gradient Marine 建立战略伙伴关系，以提升其数字能力。此次合作将整合 Gradient Marine 的 Virtual Maritime Picture（VMP）软件，开发 OPT 旗舰平台的数字孪生，包括 PowerBuoy® 和 WAM-V® 自动水面运输艇。
该伙伴关系旨在实现“部署前仿真”的能力，使客户能够在虚拟环境中进行现实世界的仿真、任务演练和生命周期测试。预计此整合将加速开发周期，降低防务、海上风电、商业等领域的运营风险。
此次合作将扩展 OPT 的数字化工程流程，并让 OPT 获得 Gradient Marine 的国防客户网络访问权限，瞄准防务、海上风电、养殖、海底基础设施与环境监测等领域的机会。
- Integration of advanced digital twin technology enhances product development and testing capabilities
- Access to Gradient Marine's Department of Defense customer network expands market opportunities
- Potential for reduced operational risks and faster innovation cycles through simulation-before-deployment
- Enhanced value proposition for customers in defense, offshore wind, and commercial sectors
- None.
Insights
OPT's partnership with Gradient Marine enhances product development through digital twin technology, reducing risks and potentially accelerating market penetration.
Ocean Power Technologies' strategic partnership with Gradient Marine represents a significant technological advancement for the company's development capabilities. By integrating GM's Virtual Maritime Picture software to create digital twins of OPT's PowerBuoy® and WAM-V® platforms, the company gains the ability to conduct comprehensive simulations and testing before physical deployment—a critical advantage in maritime environments where field testing is costly and complex.
The partnership addresses several key operational challenges in the maritime sector. First, it substantially reduces development risk by allowing virtual testing across various environmental conditions without physical deployment. Second, it potentially accelerates the development cycle by eliminating multiple rounds of physical prototyping and testing. Third, it enables customers to validate mission scenarios in simulation environments, building confidence in OPT's solutions before purchase.
From a market perspective, this collaboration strategically positions OPT to expand into high-value sectors including defense, offshore wind, and subsea infrastructure monitoring. The mention of access to Gradient Marine's Department of Defense customer network is particularly noteworthy, as it could open new revenue channels in the defense sector, which typically offers longer-term, higher-value contracts.
The integration of digital twin technology aligns with broader industry trends toward virtualization and simulation-based engineering, potentially improving OPT's competitive positioning against larger maritime technology providers. By creating a more sophisticated pre-deployment validation process, OPT is addressing a critical pain point for maritime operations—the high cost and risk associated with deploying untested systems in challenging ocean environments.
MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has entered into a strategic partnership with Gradient Marine (“GM”), a U.S.-based provider of advanced digital modeling, simulation, and hardware-in-the-loop environments.
Through this collaboration, OPT will integrate GM’s Virtual Maritime Picture (VMP) software to develop and deploy digital twins for OPT’s flagship platforms, including the PowerBuoy® and WAM-V® autonomous surface vehicles. These digital models are expected to enable OPT and its customers to conduct real-world simulation, mission rehearsal, and lifecycle testing in a virtual environment before deployment, accelerating development cycles and reducing operational risk.
The partnership is also expected to expand OPT’s digital engineering processes, providing powerful new tools for defense, security, and commercial customers seeking to optimize maritime operations. Together, OPT and GM plan to deliver end-to-end solutions that combine proven physical systems with cutting-edge digital simulation.
Jason Weed, Senior Vice President of Commercial Sales at Ocean Power Technologies, stated:
“This partnership with Gradient Marine is a significant milestone for OPT as we continue to expand the value proposition of our platforms. By leveraging GM’s advanced digital twin and simulation technology, we can offer our customers unprecedented confidence through ‘simulation-before-deployment.’ This means faster innovation, reduced risk, and better mission outcomes across defense, offshore, and commercial sectors.”
Weed continued:
“For OPT, integrating digital twins into our engineering and customer workflows is a game-changer. Not only does it enhance how we develop and test our own platforms, but we believe it will also give our customers a powerful capability to model and rehearse operations before ever putting assets in the water. This partnership aligns perfectly with our strategy to deliver intelligent maritime solutions that are resilient, cost-effective, and operationally proven.”
The partnership is expected to open new opportunities in defense, offshore wind, aquaculture, subsea infrastructure, and environmental monitoring, while also providing access to Gradient Marine’s Department of Defense customer network.
Taylor Wilson, President and Chief Executive Officer at Gradient Marine, stated:
“This partnership is an exciting step for Gradient Marine. The addition of proven systems like the PowerBuoy® and the WAM-V® to the growing Virtual Maritime Picture [VMP] digital library allows VMP users to seamlessly integrate these products into their workflows to develop Concepts of Operations (CONOPS) and prove autonomy software capability. VMP users can instantly assess how OPT systems will perform in realistic operating environments to cost-effectively evaluate how OPT technology improves persistent maritime surveillance and supports response activities.”
Wilson elaborated:
“We’re eager to demonstrate the value VMP provides in terms of mission planning and training to existing and future OPT customers. High-fidelity mission simulations that incorporate real-time environmental data help planners and operators select optimal mission plans to ensure fielded technology provides maximum operational impact.”
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® unmanned surface vehicles (USV’s) and marine robotics services. The Company’s headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.
ABOUT GRADIENT MARINE
Gradient Marine is a U.S.-based HUBZone-certified small business specializing in digital modeling, simulation, and hardware-in-the-loop environments. Its flagship Virtual Maritime Picture (VMP) software provides advanced digital twin capabilities that support mission rehearsal, lifecycle testing, and integrated physical-digital solutions for defense and commercial customers.
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 success of our partnership with Gradient Marine, the delivery of customer services, 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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