- Eco Wave Energy International 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 vitality initiatives underneath an settlement beforehand signed.
- The businesses will work collectively on a number of fronts, together with data 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 increased by 0.37% at $1.36 on the final verify Thursday.
© 2022 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.