Federal award (PURCHASE ORDER, fiscal year 2024)
Recipient: OCEAN POWER TECHNOLOGIES, INC.
Awarding agency: Department of Defense / Department of the Navy
Funding agency: Department of Defense / Department of the Navy
Period of performance: 2025-09-04 to 2026-09-03
Current total value of award: $149816
Description: LEASE OF A COMMERCIAL SERVICE CONTRACT FOR AN OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK. IF NPS REQUIRES AN UPGRADE TO THE SENSORS, OPT WILL SUPPORT THE UPGRADE ON MUTUALLY AGREED UPON TERMS.