Company

Ocean Power Technologies Inks Letter Of Intent With Stratum Holdings For Proposed Partnership To Unveil Offshore Data Center Assets

Oct 26, 2026 · 07:34 AM ET· updated 1h ago

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

Why It Matters

Two companies said they might work together on an underwater data center project. This is just an early agreement, so watch to see if they actually finish the deal.

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Tickers in Play

OPTT0.66

-0.03 (-3.68%)

SRTM0.61

+0.18 (+40.86%)

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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