Jeffrey Grampp

Shawn Severson

Brian Gordon

Glenn Mattson

Peter Gastreich

Peter Ruggiere

- Ocean Power Technologies (OPT) has entered into a **Master Services Agreement (MSA)** with Unique Group, formalizing and significantly expanding their strategic collaboration.  **[1378140_04703f56a24c45eab7a2aad99c67f3b3_0]** 
- This MSA positions Unique Group as OPT's **execution partner for all non-defense WAM-V® USV projects** in the United Arab Emirates (UAE).  **[1378140_04703f56a24c45eab7a2aad99c67f3b3_0]** 
- As part of the agreement, Unique Group will **immediately lease one OPT WAM-V 22 unmanned surface vehicle**, with provisions for revenue sharing and purchase options.  **[1378140_04703f56a24c45eab7a2aad99c67f3b3_0]** 
- OPT also plans to establish a **dedicated Maintenance, Repair, and Overhaul (MRO) hub** in the UAE to support regional operations.  **[1378140_04703f56a24c45eab7a2aad99c67f3b3_0]** 
- OPT believes this expanded agreement will **accelerate WAM-V deployments**, convert active interest into revenue, and **scale recurring lease income** in the UAE.  **[1378140_04703f56a24c45eab7a2aad99c67f3b3_0]**

Ocean Power Technologies (OPTT)