It’s déjà vu all over again as Lockheed Martin and Ocean Power Technologies play up a planned Australian wave energy project and OPT’s stock soars.
The marvelous material strikes again. This time, it’s going after the water crisis.
Aligning with the fed’s emissions reduction targets, Lockheed Martin has announced plans to cut its carbon emissions by 35% — and water use by 10% — by 2020.
Ocean Power Technologies teams with Lockheed Martin on one of the world’s largest wave power projects, in Australia, sending its stock soaring.
A new material developed by Oak Ridge National Laboratory and Lockheed Martin could reduce the cost of Ocean Thermal Energy Conversion technology by half.
Ocean Power Technologies says Lockheed Martin has joined its effort to place 10 buoys, capable of producing up to 1.5 megawatts of energy, off the Oregon coast.
The unmanned, solar-powered HALE-D blimp, developed for the U.S. Army, was supposed to go 12 miles up. It didn’t make it, and quickly came down in a heap – oops.
The U.S. Navy awarded Lockheed Martin a $4.4 million contract modification to continue work on an ocean thermal energy conversion plant off the coast of Hawaii.
Two new grant from the US Department of Energy totaling $1 million give Lockheed Martin the green light to explore the commercial potential of Ocean Thermal Energy Conversion.