Curated News
By: NewsRamp Editorial Staff
June 05, 2025
Ocean Power Technologies Welcomes Jason Weed as SVP to Boost Defense Market
TLDR
- Ocean Power Technologies strengthens its defense market position by hiring Jason Weed, a seasoned Navy veteran, to drive innovation and growth in maritime AI services.
- Jason Weed joins Ocean Power Technologies as SVP, bringing 15 years of executive experience and a 34-year Navy career to enhance maritime AI and operational strategies.
- Ocean Power Technologies' appointment of Jason Weed aims to advance safer, cleaner ocean operations, contributing to a more sustainable and secure maritime future.
- Discover how Jason Weed's Navy expertise and AI advancements at Ocean Power Technologies are setting new standards in maritime safety and efficiency.
Impact - Why it Matters
The appointment of Jason Weed as Senior Vice President – Commercial Sales at Ocean Power Technologies marks a strategic move to enhance the company's capabilities in the defense and security maritime sector. With his extensive background in naval operations and AI/ML technologies, Weed is poised to drive innovation and growth, ensuring OPT remains at the forefront of maritime safety and productivity. This development is significant for stakeholders in the maritime industry, as it underscores the increasing integration of advanced technologies in ocean operations, promising safer and more efficient maritime activities.
Summary
Ocean Power Technologies, Inc. (OPTT), a pioneer in low-carbon and AI-driven maritime services, has announced the appointment of Jason Weed as Senior Vice President – Commercial Sales. Weed, a retired U.S. Navy Captain with a rich background in maritime and technology leadership, including roles at Leidos’ Maritime Systems Division and as Commodore of the Navy’s first Uncrewed Undersea Vehicle Squadron, brings over 15 years of executive experience to OPT. His expertise in AI/ML technologies and strategic planning is expected to bolster OPT's expansion in the defense and security market. Philipp Stratmann, OPT's President and CEO, highlighted Weed's defense leadership and maritime operations knowledge as key to accelerating the company's strategic goals in this sector. The appointment follows the departure of Matt Burdyny, with Weed receiving a significant inducement award as part of his hiring package.
OPT specializes in providing intelligent maritime solutions for safer, cleaner, and more productive ocean operations across various markets, including defense, oil and gas, and offshore wind. Their offerings include the PowerBuoy® platforms for remote maritime applications and WAM-V® autonomous surface vessels. Headquartered in Monroe Township, New Jersey, OPT continues to innovate in the maritime domain, with Weed's appointment signaling a strengthened focus on defense and security advancements.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Ocean Power Technologies Welcomes Jason Weed as SVP to Boost Defense Market
