- Eco Wave Energy World AB (NASDAQ: WAVE) and Ocean Energy Applied sciences Inc (NYSE: OPTT) plan to make the most of their complementary applied sciences and abilities to speed up wave power initiatives beneath an settlement beforehand signed.
- The businesses will work collectively on a number of fronts, together with information sharing, joint grant submissions, and collaborative help to enter new markets.
- The events intend to develop joint options utilizing every firm’s respective offshore and onshore applied sciences and leveraging OPT’s offshore engineering and newly acquired robotics capabilities in Eco Wave Energy’s relevant initiatives.
- Value Motion: WAVE shares are buying and selling decrease by 0.36% at $5.55 and OPTT greater by 0.37% at $1.36 on the final test Thursday.
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