Ocean Power Technologies (OPT) has sold a Wave Adaptive Modular Vessel (WAM-V) to a mining customer in Latin America for an onshore mining application.

The undisclosed customer plans to deploy the WAM-V for bathymetry surveys, highlighting the vessel’s capability to meet the changing needs of both offshore and onshore operations.

The WAM-V features stability, lightweight build and modular design, which allows for rapid customisation to suit various mission objectives.

The ability of the WAM-V to launch from nearly any location and function in diverse sea conditions with minimal environmental impact positions it as an attractive option for industries seeking cost-efficient and effective autonomous surface vessel (ASV) solutions.

This sale represents a significant step into a new industry for OPT, showcasing the versatility of its ASV technology.

OPT’s global expansion is underscored by this transaction, indicating a growing demand for autonomous maritime technologies across different sectors and geographical areas.

OPT CEO Philipp Stratmann said: “This sale represents a major milestone for OPT as we continue to expand the applications of our WAM-V technology across new industries and geographies.

“The flexibility and reliability of the WAM-V platform makes it an ideal solution for a broad range of missions and industries. We are excited to support our new Latin American partner with state-of-the-art autonomous technology tailored to their operational needs. Whether you are operating onshore or offshore, as long as there is a need for a floating system, OPT is ready to support your projects.”