OPT partners up with Sonalysts to take on new markets

New Jersey-based wave energy developer, Ocean Power Technologies (OPT), has teamed up with Sonalysts to explore and pursue mutual opportunities in defense, and oil and gas markets.

Two parties have signed a joint marketing agreement under which they plan to explore the opportunities for applying their products in defense and oil and gas markets where persistent power, and real-time data collection, processing, and transmission are critical, according to OPT.

George Kirby, OPT’s CEO, said: “We see great synergy with their (Sonalysts’) core capabilities in systems integration, human-machine interfacing, big data processing, and undersea communication technologies. For instance, we believe that OPT’s PB3 PowerBuoy is uniquely situated to be the charging and communications platform of choice for autonomous underwater vehicles in the defense and oil and gas industries.”

OPT developed the PB3 PowerBuoy, a power and communication platform for remote offshore applications that enables the use of advanced multi-functional sensors and autonomous underwater vehicles.

Sonalysts is a US-based multi-disciplinary engineering and technical services firm with expertise as a systems integrator developing and supporting mission critical systems for the US Navy Submarine Force.

Larry Clark, Sonalysts’ CEO, added: “Bringing the unique capabilities and expertise of our two companies together to enable the autonomous undersea vehicle infrastructure in these two critically important business sectors could provide our customers with a substantial return on investment as compared to today’s manned and remotely operated systems.”

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