Ocean Power Technologies, Inc. shares rise 2.11% intraday after KONGSBERG opens maritime test bed for protecting critical infrastructure.

Ocean Power Technologies, Inc. rose 2.11% in intraday trading, with the company's stock price movement aligning with the recent news event of KONGSBERG opening a maritime test bed for protecting critical infrastructure. The new facility strengthens KONGSBERG's ability to offer integrated solutions that protect potentially vulnerable assets foundational to modern life, from subsea pipelines and power cables to energy installations and ports.