Price$0.20+0.00 (+1.72%)
01:30 PM07:45 PM
News · 26 weeks590%
2026-01-182026-07-12
Mix1790d
- Other10(59%)
- SEC Filings6(35%)
- Offering1(6%)
Latest news
25 items- PROcean Power Technologies Selected by U.S. Government for Further Assessment of its Maritime DronesMONROE TOWNSHIP, N.J., July 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) today announced that it has received notification from the U.S. Government that its maritime drone technology, the WAM-V unmanned surface vehicle (USV), has been selected for further engagement following a recent competitive capability assessment. The notification represents another step in OPT's ongoing engagement with the U.S. Government and validates the Company's continued investment in autonomous maritime capabilities. While not a contract award, the selection creates an opportunity for future technical engagement and reinforces the growing relevance of OPT's USV platform to U.S. defen
- PROcean Power Technologies Expands International Maritime Security Engagements Across EuropeMONROE TOWNSHIP, N.J., July 01, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a provider of autonomous maritime systems and offshore power solutions, today highlighted recent international activities supporting maritime security and autonomous systems operations across Europe. During the past few weeks, OPT completed customer training and maritime drone handover activities in Italy and Greece, supporting the successful deployment and operation of autonomous maritime systems by international customers. In addition, OPT participated in the 11th National Maritime Security Forum in Warsaw, Poland, where Nicholas Woodhams, OPT’s General Manager A
- SECAmendment: SEC Form 8-A12B/A filed by Ocean Power Technologies Inc.8-A12B/A - Ocean Power Technologies, Inc. (0001378140) (Filer)
- SECOcean Power Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Material Modification to Rights of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- PROPT Extends Its Section 382 Tax Benefits Preservation PlanMONROE TOWNSHIP, N.J., June 29, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a provider of autonomous maritime systems and offshore power solutions, today announced that its Board of Directors (the "Board") has unanimously approved the amendment and restatement of its Section 382 Tax Benefits Preservation Plan, dated June 29, 2023 (the "Tax Benefits Preservation Plan"), to, among other things, extend its expiration time from the close of business on June 29, 2026 to the close of business on June 29, 2029. OPT has extended the Tax Benefits Preservation Plan through the close of business on June 29, 2029 to protect the availability and potent
- PROcean Power Technologies Announces Deployment of PowerBuoy® System for Rutgers University and New Maritime Drone Order from Stevens Institute of TechnologyMONROE TOWNSHIP, N.J., June 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT) today announced the successful deployment and commissioning of a PowerBuoy® system off the coast of New Jersey in support of Rutgers, The State University of New Jersey. The Company also announced it has received a purchase order from Stevens Institute of Technology for one of its maritime drones, the WAM-V® unmanned surface vehicle. The Rutgers project, supported by the New Jersey Economic Development Authority, is now fully installed and operational. The PowerBuoy® replaces a legacy ocean monitoring system that relied on fixed seabed cables, providing continuous o
- SECSEC Form 8-K filed by Ocean Power Technologies Inc.8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
- 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)
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.), VST (Vistra Corp.), ETR (Entergy Corporation). Compare OPTT side-by-side with any of them on Quantisnow.How can I track OPTT on Quantisnow?
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