Innovative Energy Tech Open Water Power's development of a high-density, safe, and scalable aluminum-water platform technology positions it as a key supplier for undersea power systems, potentially attracting military, scientific, and commercial clients seeking reliable underwater energy storage solutions.
Defense Sector Focus With a strong focus on defense and space manufacturing, the company presents opportunities to collaborate with military agencies and defense contractors aiming to enhance unmanned underwater vehicle endurance and sensor capabilities with cutting-edge power solutions.
Recent Strategic Mergers Being part of the larger L3Harris ecosystem through the 2019 merger offers access to a broad defense contracting network, opening avenues for integrated projects and cross-selling advanced technological solutions to government agencies and defense primes.
Niche Market Position Operating in a specialized niche of underwater energy systems with a focus on high energy density and non-toxic materials allows targeted outreach to organizations involved in marine research, subsea infrastructure, and underwater drone development.
Growth and Funding Potential Although currently with modest revenue, the company's innovative platform and technological patents create opportunities for securing further funding, joint ventures, or license agreements with larger defense and aerospace firms seeking advanced energy storage technologies.