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Tech News from Around the Globe
The world of technology is constantly evolving, and with it, new innovations and breakthroughs emerge every day. In this article, we’ll explore some of the latest developments in tech, from artificial intelligence to ocean intelligence.
AI-Ready Wave Energy PowerBuoy Delivered to Middle East
Ocean Power Technologies (OPT) has secured an order for its PowerBuoy, equipped with Merrows, an artificial intelligence (AI) capable maritime domain awareness solution. The contract with an undisclosed client and value entails immediate delivery of OPT’s PowerBuoy to the Middle East. This shipment highlights OPT’s ability to service almost all marine environments across the globe.
“We are continuing to grow our business across all our solutions, WAM-Vs and PowerBuoys. We believe this shipment for a solar and wind powered system highlights our ability to service almost all marine environments across the globe.” - Philipp Stratmann, CEO and President of OPT.
Image: PowerBuoy in action
In addition to OPT’s achievement, we’re seeing other companies make significant strides in the tech industry. For instance, Gorilla Technology Group has appointed Keith Levy to its Board of Directors. Levy is a venture capitalist and seasoned banker with an illustrious career spanning over two decades.
“Gorilla Technology stands at the cutting edge of innovation, redefining the landscape with its bold and visionary approach,” said Keith Levy.
Two Computer and Technology Stocks to Watch
Wall Street watches a company’s quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Two stocks that may be of interest are Meta Platforms (META) and Paycom Software (PAYC). Both companies have a positive Earnings ESP figure, which may signal a positive earnings surprise.
" META and PAYC’s positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon."
Image: Stock charts for META and PAYC
In conclusion, the world of technology is constantly evolving, and with it, new innovations and breakthroughs emerge every day. From ocean intelligence to artificial intelligence, we’re seeing significant strides being made in the tech industry.
Image: Tech innovation concept
Stay tuned for more updates on the latest tech news and trends.