Ocean Power Technologies Advances with Innovative Vehicle Charging Patent

Ocean Power Technologies Patents Innovative Charging System

Ocean Power Technologies, Inc. (OPT or the “Company”) (NYSE American: OPTT) has made a significant stride in the field of marine energy by securing a Notice of Allowance from the United States Patent and Trademark Office for its new patent application titled “System and Method for Vehicle Charging.” This enables OPT to protect its advanced solutions that innovate sustainable energy sources for maritime operations.

The patent, referenced as Application No. 18/936,528, focuses on an autonomous, floating marine charging solution designed specifically for electric vessels. This innovative technology addresses the growing need for clean energy solutions in maritime operations. With this system, uncrewed surface vehicles can safely dock with floating energy platforms while on the water, allowing for essential recharging without the necessity of returning to shore.

David Goldstein, the Vice President of Technology and Innovation at OPT, remarked that this patent symbolizes the culture of innovation at Ocean Power Technologies. He stated, “By enabling offshore electric charging without reliance on port infrastructure, we’re solving a real-world bottleneck to persistent, autonomous maritime operations.” This newfound capability not only enhances the operational efficiency of WAM-V® vehicles but also underscores a significant step toward transformative ocean infrastructure.

Key Features of the Patent

The recently approved patent encapsulates several crucial features that contribute to its groundbreaking nature. These include:

1. Dynamic Docking Guidance Systems

These signal-emitting systems facilitate safe and efficient docking of maritime vessels with floating charging platforms. This is particularly important for uncrewed vehicles operating in unpredictable sea conditions.

2. Stabilization during Energy Transfer

With flexible and secure mooring structures, this innovation ensures that vessels remain stable while recharging, significantly reducing the risks associated with energy transfer in marine environments.

3. Versatile Energy Delivery Mechanisms

The patent outlines both wired and wireless energy delivery methods, enhancing flexibility and practicality for various maritime applications. This adaptability caters to a wide range of vessel types, ensuring universal applicability.

4. Self-Sustaining Energy Generation

Moreover, the option for wave-powered energy generation integrates sustainability directly into the charging solution, aligning with the global push towards eco-friendly maritime technology.

Broader Implications for Offshore Operations

Philipp Stratmann, the President and CEO of OPT, expressed his enthusiasm about the potential this patent unlocks. He stated, “By enabling persistent power-at-sea, we’re not only increasing the endurance of our WAM-V®s but also expanding what's possible for our defense, commercial, and scientific customers.” This highlights the dual benefit of this technology—it enhances operational capabilities while fostering advanced research and commercial opportunities.

With this patent, Ocean Power Technologies significantly strengthens its intellectual property portfolio and enhances its ability to offer clients robust solutions in challenging marine environments. The technology promises to transform the operational range and autonomy of uncrewed maritime systems, facilitating longer missions with greater efficiency.

About Ocean Power Technologies

Ocean Power Technologies is committed to delivering intelligent maritime solutions that promote safer, cleaner, and more productive ocean operations in diverse sectors, including defense and security, oil and gas, scientific research, and offshore wind markets. Their offerings include AI-capable systems for Maritime Domain Awareness and innovative PowerBuoy® platforms that provide reliable power and real-time data communications for remote maritime applications. In addition, OPT offers WAM-V® unmanned surface vehicles and marine robotics services. Located in Monroe Township, New Jersey, with an office in Richmond, California, OPT continues to pave the way for the future of ocean technology.

Frequently Asked Questions

What is the significance of the patent awarded to Ocean Power Technologies?

The patent reinforces OPT's commitment to innovation by protecting a groundbreaking system for autonomous vehicle charging at sea, enhancing sustainable maritime operations.

How does the new charging system work?

The system allows electric vessels to dock safely with a floating platform to recharge, eliminating the need for port infrastructure and enhancing operational efficiency.

What features are included in the patented technology?

Key features include dynamic docking guidance, stabilizing mooring systems, versatile energy delivery methods, and options for self-sustaining energy generation.

How does this technology impact marine operations?

This innovation enhances the endurance of uncrewed surface vehicles, fostering advancements in defense, commercial, and scientific applications.

Where can I learn more about Ocean Power Technologies?

For more information on their technologies and services, visit www.OceanPowerTechnologies.com.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

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