🟢 Ocean Power Technologies is trading 5% up today after announcing proposed offshore AI data-center collaboration

Ocean Power Technologies is trading 5.00% up at $0.67 on October 28 after announcing an October 26 proposed collaboration with Stratum Holdings to demonstrate renewable-powered offshore data centers.

• The plan combines PowerBuoy platforms with Stratum’s GPU infrastructure, including NVIDIA B300 GPUs, and proposes a monthly retainer under definitive agreements.
• The letter of intent is non-binding; definitive agreements and a demonstration remain unconfirmed.
• Broader AI optimism may support sentiment, though market context is mixed; volume information was unavailable.