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Under the agreement, the company will provide its PowerBuoy wave energy conversion system to the Navy's Littoral Expeditionary Autonomous PowerBuoy (LEAP) programme.
This deal, which will be executed over a one year period, is the initial award under a proposed four-year USD15.0m project related to the LEAP system.
The LEAP programme has reportedly been established to enhance the US Navy's anti-terrorism and force protection capability by providing persistent power at sea for port maritime surveillance in the near coast, harbours, piers and offshore areas.
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