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OPT announces funding agreement with Australian Government for A$66.5 million grant

Ocean Power Technologies Inc. (Nasdaq: OPTT) has announced that Victorian Wave Partners Pty. Ltd (VWP), a wholly-owned subsidiary of Ocean Power Technologies, Australasia (OPTA),...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.