Report
Shawn Severson

"Merrows" - Maritime Domain Awareness Solution

Ocean Power Technologies (OPT), a company specializing in marine power and data solutions, announced a new initiative called Merrows. A major hurdle in maritime security is maintaining awareness of everything happening in and around our oceans. This requires collecting and transmitting vast amounts of data. Merrows is designed to be a comprehensive maritime domain awareness (MDA) system aimed at improving security and surveillance in oceans. Merrows integrates various technologies, including roaming Wave Adaptive Modular Vessels (WAM-Vs) and resident PowerBuoys (PBs) with advanced C5ISR systems. This combined system offers extensive surveillance and data analysis capabilities, and the integration allows for using artificial intelligence and machine learning to improve data accuracy, efficiency, and generate actionable intelligence. OPT’s unique position as a system of systems provider allows the company to enhance data collection capabilities. OPT emphasizes that ocean security is national security and aims to provide the technologies and insights necessary for securing maritime domains.
Underlying
Ocean Power Technologies

Ocean Power Technologies is developing and commercializing its proprietary systems that generate electricity by harnessing the renewable energy of ocean waves. The company uses proprietary technologies that convert the mechanical energy created by the heaving motion of ocean waves into electricity. The company's principal product is its PB3 PowerBuoy?, which is designed to generate power for use independent of the power grid in remote offshore locations. It consists of a main hull structure loosely moored to the seabed and surrounded by a floating buoy-like device that can freely move up and down in response to the passage of the waves.

Provider
Water Tower Research
Water Tower Research

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Analysts
Shawn Severson

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