Price$0.30-0.00 (-0.34%)
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News · 26 weeks63+133%
2025-12-142026-06-07
Mix2190d
- SEC Filings9(43%)
- Other9(43%)
- Earnings2(10%)
- Offering1(5%)
Latest news
25 items- SECOcean Power Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- SECSEC Form 424B5 filed by Ocean Power Technologies Inc.424B5 - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies Demonstrates Strong Field Performance from DHS Deployment and Advances Operational ScalabilityMONROE TOWNSHIP, N.J., June 08, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced successful field performance and power generation from its recently deployed MERROWS™-equipped PowerBuoy® system supporting maritime domain awareness operations for the U.S. Coast Guard off the coast of San Diego. The deployed system has demonstrated reliable renewable power generation, achieving close to 0.5MWh of energy to date, and sustained operational performance in an active maritime environment, validating OPT's ability to rapidly deploy and supp
- PROcean Power Technologies Announces Pricing of $10,000,000 Registered Direct Offering Priced At A Premium to MarketMONROE TOWNSHIP, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 25,000,000 shares of the Company's common stock together with common warrants to purchase up to 25,000,000 shares of common stock in a registered direct offering at a combined purchase price of $0.40 per share of common stock and accompanying common warrant. The offering was priced at a premium to yesterday's closing price. The common warrants will be exercisable on the six month anniversary of the date of issuance at an exercise
- PROcean Power Technologies Expands International Defense Engagements Across EuropeMONROE TOWNSHIP, N.J., June 01, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced continued expansion of its international defense engagement activities across Europe, including recent engagements in Poland and Norway focused on maritime security, autonomous systems, and persistent maritime domain awareness. As part of its ongoing international outreach efforts, OPT recently engaged with representatives from the Polish Naval Academy and key stakeholders within Poland's defense industrial base to discuss evolving maritime security requi
- SECOcean Power Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies Expands U.S. and International Deployment FootprintMONROE TOWNSHIP, N.J., May 18, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced an expansion in its global deployment footprint across U.S. government, international, and research customers. In the United States, OPT has increased its PowerBuoy® deployments from a single research-focused system to five concurrent deployments. These include three systems supporting U.S. Department of Homeland Security activities, one system supporting Department of War research for the U.S Navy, and one additional deployment supporting a U.S.-based res
- SECOcean Power Technologies Inc. filed SEC Form 8-K: Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies Deploys Three PowerBuoy® Systems Streaming Simultaneous Offshore Data for DHS OperationsMONROE TOWNSHIP, N.J., May 12, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the active deployment of three PowerBuoy® systems supporting U.S. Department of Homeland Security (DHS) maritime surveillance operations, with all units simultaneously transmitting real-time data from offshore environments. The deployed systems are operating concurrently as a distributed offshore network, providing persistent data collection and continuous communications to support maritime domain awareness missions. One of the PowerBuoys is deployed in wa
- PROcean Power Technologies Advances Offshore Charging and Autonomous Operations for Maritime DronesMONROE TOWNSHIP, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced progress in offshore charging and autonomous operations, supporting its industry leading strategy to enable longer-duration, lower-cost maritime missions. OPT has successfully demonstrated autonomous docking, charging, and redeployment of its maritime drone, the WAM-V® autonomous surface vehicle. The system allows a vehicle to approach a dock, secure itself, recharge, and return to operation without human intervention, in turn addressing a key limitation i
- PROcean Power Technologies Deploys Autonomous PowerBuoy Supporting Persistent Maritime Domain Awareness for U.S. Homeland Security OperationsMONROE TOWNSHIP, N.J., April 13, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful deployment of the first PowerBuoy® system under its previously announced contract with the U.S. Department of Homeland Security (DHS). The system has been deployed off the coast of California to support maritime domain awareness operations for the U.S. Coast Guard. The deployment marks a key operational milestone in the program and represents the transition of OPT's autonomous offshore monitoring infrastructure into active mission support.
- PROcean Power Technologies to Participate in Water Tower Research Insights Conference on April 15, 2026MONROE TOWNSHIP, N.J., April 10, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), today announced that Philipp Stratmann, President and CEO of Ocean Power Technologies, will participate in the upcoming Water Tower Research Insights Conference taking place on April 15, 2026, at 02:30 PM EST. The WTR Insights Conference is a virtual event designed for investors seeking direct access to company management teams and differentiated insights across innovative businesses spanning all sectors covered by Water Tower Research. Through a series of fireside chat discussions and curated post-event engagement opportunities, attendees will gain a deeper under
- SECOcean Power Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- SECSEC Form 424B5 filed by Ocean Power Technologies Inc.424B5 - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies Secures Order for Fully Integrated WAM-V for an Underwater Research Customer in the NordicsMONROE TOWNSHIP, N.J., March 27, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has secured a contract from a new Nordics based underwater research customer for a fully integrated WAM-V for immediate delivery. This contract expands the Company's previously announced expansion into certain regions in the Nordics, working with end customers and governments. The vehicle will be assembled immediately and shipped to the customer. Jason Weed, SVP Commercial Sales of OPT, expressed his enthusiasm about this contract, stating, "We believ
- SECSEC Form 8-K filed by Ocean Power Technologies Inc.8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies Advances U.S. Homeland Security Contract with Shipment of First PowerBuoy®MONROE TOWNSHIP, N.J., March 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the shipment of the first PowerBuoy® system under its previously announced $6.5M contract with the U.S. Department of Homeland Security (DHS). The system will support maritime domain awareness operations for the U.S. Coast Guard. The shipment marks a key milestone in the program and represents the transition from system development and integration into operational deployment. This PowerBuoy® system, together with others under the contract, will be deploy
- SECSEC Form 10-Q filed by Ocean Power Technologies Inc.10-Q - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies, Inc. Announces Third Quarter Fiscal 2026 ResultsMONROE TOWNSHIP, N.J., March 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results, including record backlog, for its fiscal third quarter ("3Q26") ended January 31, 2026. Highlights include: 3Q26 RESULTS and RECENT HIGHLIGHTS OPT secured a multi-buoy contract totaling approximately $6.5 million from the U.S. Department of Homeland Security ("DHS") supporting a U.S. Coast Guard maritime domain awareness mission off San Diego. The award provides multi-quarter revenue visibility, with delivery of four newly built MERROWS®-equipped PowerBuoy® systems beginning in Q4 of fiscal 2026. The contract further advances ou
- SECOcean Power Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROcean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 ResultsMONROE TOWNSHIP, N.J., March 11, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced preliminary financial results for the third quarter ended January 31, 2026 (Q3FY26). The preliminary results included in this press release are subject to change and have not been audited or reviewed by our independent auditor. The Company expects to file its third quarter financial results and update after market close on March 17, 2026. 3Q26 RESULTS and RECENT HIGHLIGHTS Backlog as of January 31, 2026 was approximately $19.9 million, an increase of $12.4 million and 165% over the prior year period.Pipeline as of January 31, 2026 stands at $163.
- INSIDERSenior VP and General Counsel Pagliara Tracy D covered exercise/tax liability with 322,897 shares, decreasing direct ownership by 27% to 858,353 units (SEC Form 4)4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
- INSIDERPresident and CEO Stratmann Philipp covered exercise/tax liability with 901,096 shares, decreasing direct ownership by 32% to 1,932,356 units (SEC Form 4)4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
- INSIDERSenior VP and CFO Powers Robert Patrick covered exercise/tax liability with 437,550 shares, decreasing direct ownership by 30% to 1,037,129 units (SEC Form 4)4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
- PROcean Power Technologies to Announce Fiscal 2026 Third Quarter Results on March 17, 2026MONROE TOWNSHIP, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2026 third quarter ended January 31, 2026 on Tuesday March 17, 2026. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT's financial results will be held on Wednesday March 18, 2026 at 9:00 AM EST. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.Live webcast: Webcast | Ocean Power Technologies FY
OPTT FAQ
7 questionsWhat does Ocean Power Technologies Inc. do?
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets...Where does OPTT stock trade?
Ocean Power Technologies Inc. (OPTT) is listed on NASDAQ.What sector and industry is OPTT in?
Ocean Power Technologies Inc. operates in the Utilities sector, Electric Utilities: Central industry.When did Ocean Power Technologies Inc. go public?
Ocean Power Technologies Inc. (OPTT) completed its IPO in 2007.What are analysts saying about OPTT?
Ocean Power Technologies Inc. has had 2 recent analyst actions on file. The most recent action was from H.C. Wainwright: Buy with a $150.00 price target on 2025-12-18. Recent price targets cluster around $150.00.What companies are similar to OPTT?
Notable peers in the same industry include SO (Southern Company), CEG (Constellation Energy Corporation), D (Dominion Energy Inc.), ETR (Entergy Corporation), VST (Vistra Corp.). Compare OPTT side-by-side with any of them on Quantisnow.How can I track OPTT on Quantisnow?
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