Tag Archives: power buoy

Ocean Power Technologies (OPTT) Expands Lockheed (LMT) Relationship, Shares Soaring 50%

Back in January, we posted about the news of Lockheed (LMT) and Ocean Power (OPTT) signing a letter of intent to develop utility scale wave energy systems together.  That relationship moved to the next step this morning and shares of Ocean Power (OPTT) are soaring on the news, up over 50% just a few minutes ago.  It appears OPTT is no longer a green stock cellar dweller!

This morning the two companies made it … Read the rest