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Ocean Power Technologies to demo WAM-V maritime drone in US Army coastal test

Market News
09 Sep 2026
Proactive Investors
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Bullish
Ocean Power Technologies to demo WAM-V maritime drone in US Army coastal test

Ocean Power Technologies (OPT) will showcase its WAM-V uncrewed surface vehicle in a week-long US Army coastal demonstration in North Carolina. The test evaluates autonomous vessels operating in challenging surf zones for applications like bathymetric mapping and hazard detection, supporting military and civil missions. OPT's WAM-V features an articulating suspension for stability and modular payloads for sensing. While participation doesn't guarantee a contract, promising technologies may get further testing if funded.

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AstraZeneca's COPD drug tozorakimab shows strong trial results, Citi forecasts $7B peak sales.

AstraZeneca's COPD drug tozorakimab shows strong trial results, Citi forecasts $7B peak sales.

AstraZeneca's phase III trial results for tozorakimab in treating chronic obstructive pulmonary disease (COPD) showed significant reduction in flare-ups, especially in former smokers. The drug met its primary endpoint with a 29% to 34% reduction in e...

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Trust Stamp offers free onboarding to financial firms after rival IDScan's data breach.

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Trust Stamp Inc is waiving setup fees and accelerating onboarding for financial institutions switching to its driver's license verification service following a massive data leak at rival IDScan. Approximately 166 million identity document photos were...

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Kroger's steady growth outshines Macy's turnaround, making it a better long-term retirement pick.

Kroger's steady growth outshines Macy's turnaround, making it a better long-term retirement pick.

Kroger and Macy's recently reported earnings, highlighting two different investment stories. Kroger, a long-term compounder, has seen its stock rise 81.5% over ten years despite a recent 15.9% drop, with consistent dividend increases and strong cash ...

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Ecopetrol shows strong Q2 gains and strategic moves amid rising oil prices and geopolitical tensions.

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Colombia's state-run oil company Ecopetrol has demonstrated operational efficiency and limited political interference compared to regional peers. Its recent acquisitions and joint ventures have strategically increased its exposure to rising oil price...

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Sandisk secures $93.9B in contracts, driving strong demand and high margins, stock up 33% since August call.

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Sandisk Corporation has locked in $93.9 billion in multi-year contracts with high profit margins, with over half of its sales now through new business models aiming for 70-80% adoption by 2030. Customers are increasing contract volumes and durations,...

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