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Ocean Power Technologies

0.1874 USD
-0.0069
3.55%
At close Updated Sep 4, 4:00 PM EDT
Pre-market
After hours
0.1851
-0.0023
1.23%
1 day
-3.55%
5 days
11.55%
1 month
2.74%
3 months
-51.7%
6 months
-55.59%
Year to date
-40.64%
1 year
-63.5%
5 years
-90.72%
10 years
-99.88%
 

About: Ocean Power Technologies Inc is specializing in intelligent maritime solutions. These solutions include a variety of as a service systems, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It design, manufacture, deploy, and operate these systems for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. The company operates as one operating segment. Majority of revenue comes from Europe followed by North & South America; and followed by Asia and Australia.

Employees: 65

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 39.4%
Neutral 60.6%
Negative 0%
Positive
Proactive Investors
1 day ago
Ocean Power Technologies, Foxtrot partner on Palantir Foundry implementation for maritime growth
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it is implementing Palantir Foundry to support the expansion of its autonomous maritime systems and services. The platform will be used to provide greater visibility across Ocean Power Technologies' operations, including manufacturing, supply chain management, deployment, fleet operations, maintenance and customer support.
Ocean Power Technologies, Foxtrot partner on Palantir Foundry implementation for maritime growth
Neutral
GlobeNewsWire
1 day ago
Ocean Power Technologies Selects Palantir Foundry to Accelerate Growth in Autonomous Maritime Operations
MONROE TOWNSHIP, N.J., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in intelligent maritime solutions and services, today announced that it is implementing Palantir Foundry through the Palantir for Builders program to support its expanding U.S. and international deployment footprint.
Ocean Power Technologies Selects Palantir Foundry to Accelerate Growth in Autonomous Maritime Operations
Neutral
Seeking Alpha
10 days ago
Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations Transcript
Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations Transcript
Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations Transcript
Neutral
GlobeNewsWire
11 days ago
Ocean Power Technologies, Inc. to Participate in Water Tower Research Fireside Chat on Tuesday, August 25, 2026
MONROE TOWNSHIP, N.J., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Dr. Philipp Stratmann, President and Chief Executive Officer will participate in the upcoming Water Tower Research Fireside Chat Series, taking place on Tuesday, August 25, 2026 at 11:00 am ET.
Ocean Power Technologies, Inc. to Participate in Water Tower Research Fireside Chat on Tuesday, August 25, 2026
Neutral
GlobeNewsWire
14 days ago
Ocean Power Technologies, Inc. Provides Required Disclosure
MONROE TOWNSHIP, N.J., Aug. 21, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, announced that its Financial Statements included in its Annual Report on Form 10-K for the year ended April 30, 2026, contained an audit report from its Independent Registered Public Accounting Firm with an explanatory paragraph emphasizing a going concern qualification. Release of this information is required by Section 610(b) of the NYSE American Company Guide and does not reflect any change or amendment to any of the Company's filings for the fiscal year ended April 30, 2026.
Ocean Power Technologies, Inc. Provides Required Disclosure
Neutral
GlobeNewsWire
15 days ago
Ocean Power Technologies, Inc. Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K
MONROE TOWNSHIP, N.J., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, announced that on August 14, 2026, it received a notice from NYSE Regulation stating that the Company is not in compliance with the continued listing standards of the NYSE American (the “Exchange”) under the timely filing criteria set forth in Section 1007 of the NYSE American Company Guide (the “Company Guide”). The non-compliance results from the Company's failure to timely file its Annual Report on Form 10-K for the year ended April 30, 2026 (the “Delinquent Report”) by the filing due date of August 13, 2026 (the “Filing Delinquency”).
Ocean Power Technologies, Inc. Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K
Neutral
GlobeNewsWire
16 days ago
Ocean Power Technologies Provides Update to Previously Announced Preliminary Fiscal 2026 Financial Results
MONROE TOWNSHIP, N.J., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE American: OPTT), a leader in maritime operational infrastructure, autonomous ocean systems, and AI-enabled maritime intelligence solutions, today provided an update to the preliminary financial results previously announced on July 23, 2026.
Ocean Power Technologies Provides Update to Previously Announced Preliminary Fiscal 2026 Financial Results
Positive
Proactive Investors
18 days ago
Ocean Power Technologies launches strategic alternatives review
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that its Board of Directors has initiated a review of strategic alternatives with the goal of maximizing value for its stockholders. The company has retained Bowen, an investment banking advisory firm, as its financial advisor in connection with the review.
Ocean Power Technologies launches strategic alternatives review
Neutral
GlobeNewsWire
18 days ago
Ocean Power Technologies Initiates Review of Strategic Alternatives
MONROE TOWNSHIP, N.J., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced that that its Board of Directors has initiated a review of strategic alternatives with the goal of maximizing value for its stockholders.
Ocean Power Technologies Initiates Review of Strategic Alternatives
Positive
Proactive Investors
1 month ago
Ocean Power Technologies tapped for $40M US Navy autonomous ocean mapping program
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has been selected as one of six potential awardees under a $40 million multiple-award contract supporting the Naval Oceanographic Office (NAVOCEANO). The firm-fixed-price, indefinite-delivery/indefinite-quantity contract will support high-resolution ocean-floor mapping using long-endurance unmanned surface vehicles.
Ocean Power Technologies tapped for $40M US Navy autonomous ocean mapping program
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