Maree Competitors

Imprint / Impressum: https://www.schottel.de/en/legal-notice The SCHOTTEL Group, with its headquarters in Spay/Rhine, is one of the world’s leading manufacturers of steerable propulsion systems for ships and offshore applications. Founded in 1921, the company has been developing and manufacturing azimuth propulsion and complete propulsion systems with power ratings of up to 30 MW for vessels of all sizes and types for more than 70 years. Around 100 sales and service locations worldwide ensure customer proximity. High product quality and a real commitment to local presence are the hallmarks of our success. A long tradition forms a major part of our corporate culture. With a high level of investment in research and development, we optimize our existing products and implement innovative system solutions. The goal of these activities is to improve still further the efficiency and reliability of all our propulsion and manoeuvring systems – for the benefit of our customers. Thanks to close cooperation with shipowners, yards, consultants and internationally renowned independent research establishments, we have been able to achieve this goal consistently. IMPRINT SCHOTTEL GmbH Mainzer Str. 99 D-56322 Spay/Rhein Germany Phone: +49 (0) 26 28 / 6 10 E-Mail: info@schottel.de Managing Director: Stefan Kaul Chairman of the Supervisory Board: Jörg Ratzke Registered office: Spay Registration court: Koblenz Registration number: HRB 20734 Turnover tax identification number pursuant to § 27 a of the German Turnover Tax Law: DE196716200 Responsible for the content pursuant to § 18 Sub par. 2 German State Media Treaty: Christine Graeff

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® unmanned surface vehicles and marine robotics services. The Company’s headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com. OPT reserves the right to moderate comments to maintain compliance with public company disclosure obligations.

CorPower Ocean designs, manufactures and operates wave energy farms for our customers. The wave farm solution have a unique design inspired by the pumping principles of the human heart, allowing it to survive the toughest storms. Advanced control technology makes the wave energy converters oscillate in optimal timing with incoming waves, strongly amplifying power absorption. This enables high power output compared to the size, weight and cost of the equipment The combination of low costs, high capacity factor and an effective maintenance scheme makes wave power a key tool to accelerate the transition to 100% renewables around the world