Ocean Power Technologies and Stratum Holdings Sign Letter of Intent for Proposed Strategic Collaboration to Demonstrate Offshore Renewable-Powered Data Center Assets
Ocean Power Technologies and Stratum Holdings signed a non-binding letter of intent to collaborate on offshore data center assets powered by wave, wind, and solar energy. Under the proposed deal, OPT would license PowerBuoy patents and provide prototype assets, while Stratum contributes GPU hardware including NVIDIA B300s and would pay OPT a monthly retainer under definitive agreements. The program aims to validate edge AI inference on renewable-powered marine platforms without a shore umbilical, with ocean cooling as a hypothesized efficiency advantage that has not yet been demonstrated.
Key figures
- Deal stage
- non-binding letter of intent
- Opt us patents
- more than 15
- Opt issued patents worldwide
- more than 60
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