Ocean Power Technologies partners with Palantir Foundry for autonomous maritime operations

MONROE TOWNSHIP, N.J., Sept. 03, 2026 /CourierPR/ -- Ocean Power Technologies, Inc. (OPTT), a leading provider of intelligent maritime solutions, has announced a strategic partnership with Palantir Foundry to enhance its autonomous maritime operations. The company, headquartered in Monroe Township, New Jersey, with an additional office in Richmond, California, is leveraging Palantir Foundry through the Palantir for Builders program. This initiative aims to bolster OPT's capabilities and accelerate its growth in the defense, security, oil and gas, science and research, and offshore wind sectors.

Foxtrot Professional Services, a Foundry-native Palantir partner, has been selected to lead the implementation effort. Philipp Stratmann, President and CEO of Ocean Power Technologies, expressed that the move from individual deployments to a scalable, repeatable delivery of autonomous maritime systems necessitates a robust infrastructure. Stratmann noted, "Scaling autonomous maritime systems requires more than building additional vehicles and platforms. It requires the infrastructure to deploy, operate and support those systems reliably at increasing volume. Palantir Foundry gives us a powerful foundation to connect our operations and make faster, data-driven decisions as we scale."

Christine Williams, Co-CEO of Foxtrot Professional Services, highlighted the significance of this collaboration. "The ocean is the next great frontier for autonomy, and OPT is using AI to redefine national security, provide zero-emission power sources for offshore operations, and support marine research," Williams said. "This is exactly the kind of bold, consequential mission that is part of Foxtrot’s DNA. We’re thrilled to partner with OPT to build the operating backbone to take these missions to the next level."

Stratmann further elaborated, "Working with Foxtrot allows us to accelerate that implementation, and we are already linking existing records into the Palantir Foundry platform. Our goal is to build the operating infrastructure today that supports significantly greater scale tomorrow. This is another step towards a more scalable, integrated maritime technology business."

OPT provides a range of intelligent maritime solutions, including its Merrows™, which integrates AI capabilities for seamless Maritime Domain Awareness across platforms. The company's PowerBuoy® platforms offer clean and reliable electric power and real-time data communications for remote maritime and subsea applications. Additionally, OPT offers WAM-V® unmanned surface vessels (USVs) and marine robotics services.

The partnership with Foxtrot is expected to streamline OPT's operations, enhance visibility across key business functions, and support the company's expansion plans. Stratmann concluded, "This is a pivotal move for OPT, as it positions us to handle increased scale and complexity in our autonomous maritime operations."

Forward-looking statements in this release include the anticipated benefits of the Palantir Foundry implementation, which are subject to risks and uncertainties, including the successful integration of the system. OPT's investors and media should refer to the company's filings with the U.S. Securities and Exchange Commission for more detailed information on potential risks and uncertainties.