Pennington, New Jersey [RenewableEnergyAccess.com] Ocean Power Technologies, Inc. (OPT) has been awarded a US$1.7 million contract from the U.S. Navy to provide its PowerBuoy technology for ocean data gathering to a program. The Navy’s Deep Water Acoustic Detection System (DWADS) program uses data gathering and communications systems. This technology program has prospective applications that include vessel tracking for homeland security, and use wide-area unattended sensor networks. Under this contract, the Navy will ocean test OPT’s autonomous PowerBuoy as the power source for the DWADS program. In addition, OPT will support the Navy’s ocean test procedures in the areas of mooring design, at-sea operations and deployment. OPT’s performance under this contract will commence in June 2007, and is expected to continue over an eighteen-month period.