Ocean Power Technologies Inks Letter Of Intent With Stratum Holdings For Proposed Partnership To Unveil Offshore Data Center Assets
Benzinga Newsdesk 5 days ago
M&A
Ocean Power Technologies, Inc. (NYSE American: OPTT) ("OPT") and Stratum Holdings Corp. (NASDAQ:SRTM) ("Stratum") today announced that they have entered into a non-binding letter of intent (the
Ocean Power Technologies, Inc. (NYSE American: OPTT) ("OPT") and Stratum Holdings Corp. (NASDAQ:SRTM) ("Stratum") today announced that they have entered into a non-binding letter of intent (the "LOI") for a proposed strategic collaboration to demonstrate offshore data center assets powered by renewable wave, wind, and solar energy.