# Ocean Power Technologies and Stratum Holdings sign LOI for offshore data center collaboration

Ocean Power Technologies, Inc. and Stratum Holdings Corp. entered a non-binding letter of intent for a strategic collaboration to demonstrate offshore data center assets powered by renewable wave, wind, and solar energy.

- Type: Partnership
- Announced: 2026-10-27
- Status: announced
- Products: offshore data center assets, renewable energy systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ocean Power Technologies, Inc.](https://endata.com/companies/15269.md) (partner)
- [Stratum Holdings Corp.](https://endata.com/companies/15270.md) (partner)

## Sources

- [plantautomation-technology.com](https://www.plantautomation-technology.com/pressreleases), 2026-11-03: "Ocean Power Technologies, Inc. and Stratum Holdings Corp. today announced that they have entered into a non-binding letter of intent for a proposed strategic collaboration to demonstrate offshore data center assets powered by renewable wave, wind, and solar energy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.