leadf
logo-loader
viewOzop Surgical Corp.

Ozop Surgical says Power Conversion Technologies shipped equipment to Fortune 500 defense firm

The equipment will be used for the client’s research in naval nuclear propulsion technology in conjunction with the US Navy

navy
Ozop Surgical announced in February it was acquiring privately owned Power Conversion Technologies has experience in servicing naval technology-related clients

Ozop Surgical Corp (OTCPK:OZSC) announced that Power Conversion Technologies Inc (PCTI) has shipped an order for equipment to one of its clients — a publicly traded Fortune 500 engineering, procurement, fabrication, construction and maintenance company. 

The equipment will be used for the client’s research in naval nuclear propulsion technology which the company conducts in conjunction with the US Navy, according to a statement Tuesday. 

Ozop Surgical said PCTI also received additional follow-on purchase orders expected to ship in the coming months. 

READ: Ozop Surgical reports order news from Power Conversion Technologies as merger nears

Ozop Surgical said PCTI, a private company it announced in February it was acquiring, has extensive experience in servicing naval technology-related clients and is working on several prospective bids in this area which it expects to receive responses on in the near future.

Some of PCTI's clients include all branches of the US Department of Defense, including the US Army and the US Air Force, and NASA as well as other global military organizations.

“Our global naval customers have trusted our equipment to provide power to in-hull submarine systems for more than 20 years to global naval organizations,” said PCTI President Catherine Chis. 

“In the history of the company, this particular project was one of the most impressive, sophisticated projects we have had the opportunity to engineer and manufacture. It was an accomplishment for our entire team.”

Ozop Surgical is a Florida-based company that manufactures endoscopic instruments, surgical implants and other devices focused on neurological issues and pain management.

The company’s stock recently traded up 25% to $0.0064 a share in New York.

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

Quick facts: Ozop Surgical Corp.

Price: 0.0056 USD

PINK:OZSC
Market: PINK
Market Cap: $18.28 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Ozop Surgical Corp. named herein, including the promotion by the Company of Ozop Surgical Corp. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

OZOP Surgical looks to revolutionize spinal surgery with their technology

OZOP Surgical (OZSC (OTCMKTS) CEO Micheal Chermak joined Steve Darling from Proactive Investors at the LD MicroCap show in Los Angeles to talk about their surgical technique that makes spinal surgery less invasive.  Chermak explained the technique and why it's could help patients who...

on 4/12/18

2 min read