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today announced that Lockheed Martin will be a new partner on OPT’s proposed wave energy park near Reedsport. Headquartered in Maryland, Lockheed Martin will manage the design, manufacturing and systems integration for OPT’s .

The partnership with Lockheed Martin, a global technology company, follows OPT’s announcement in April touting the company’s local $6 million investment in four Oregon companies, including Oregon Iron Works, American Bridge Manufacturing, Cascade General and Sause Bros. Inc.

The first contract was in 2009 awarded to Oregon Iron Works, which completed fabrication of a PowerBuoy’s steel structure last year. Oregon Iron Works has been waiting for OPT to conduct further testing on the buoy before fulfilling its second contract with the company, which involves putting in all of the power generation equipment and controls.

鈥淥PT wants to test that equipment to make sure that everything is working properly and run it through enough cycles so they can insure its integrity,鈥� said David Gibson, renewable energy program manager for Oregon Iron Works.

Assembly, systems integration and land testing of the PowerBuoy is planned to occur over the next several months. It is intended to be the first of a proposed 10-buoy wave power station with a peak generating capacity of 1.5 mega watts.

鈥淚 hope that we’ll work on all 10,鈥� Gibson said. 鈥淏ut as much as I would like that, we don’t have any contract to that effect.鈥�