Ocean Power Technologies

OPTT

Market cap $79.9M

MONROE TOWNSHIP, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: 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.

Ocean Power Technologies Inc (NYSE-A:OPTT) has highlighted the growing strategic importance of its autonomous maritime systems as heightened instability in the Middle East sharpens focus on global shipping corridors and offshore energy infrastructure. The US-listed company said persistent maritime domain awareness and offshore infrastructure protection are becoming increasingly critical as geopolitical tensions place key trade routes and energy assets under strain.

MONROE TOWNSHIP, N.J., March 02, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a provider of autonomous maritime systems and offshore power solutions, today underscored the growing strategic importance of persistent maritime domain awareness and offshore infrastructure protection as instability in the Middle East places key global shipping corridors and energy assets under increased focus.

Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's latest contract award with the US Coast Guard, international expansion into Greece, and new advancements in offshore docking and charging solutions for unmanned surface vehicles (USVs). Proactive: Alright welcome back inside our Proactive newsroom, and joining me now is Philipp Stratmann, he is the CEO of Ocean Power Technologies Inc.

Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has received an approximately $1.5 million purchase order from the United States Coast Guard (USCG) for the installation and deployment of buoy systems that were previously ordered. According to the company, the award completes the acquisition cycle and supports the near-term fielding of the systems for Department of Homeland Security (DHS) maritime security missions.

MONROE TOWNSHIP, N.J., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard (USCG) for the installation and deployment of buoy systems previously ordered.

Ocean Power Technologies Inc (NYSE-A:OPTT) has provided an operational update outlining recent deployments and development milestones related to its offshore autonomy infrastructure roadmap. The company said it has shipped a WAM-V autonomous surface vehicle to Greece to support ongoing customer operations and field activity in the region.

MONROE TOWNSHIP, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT) today provided an operational update highlighting continued global deployments and progress on its offshore autonomy infrastructure roadmap.

Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's newly announced contract valued at over $5 million with the US Coast Guard. Stratmann explained how this milestone demonstrates a practical deployment of Ocean Power Technologies' core mission — delivering long-term, autonomous maritime surveillance solutions.

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has been awarded a contract valued at more than $5 million to deploy and operate multiple PowerBuoy systems in support of a US Coast Guard mission under the US Department of Homeland Security (DHS). The project involves the near-term delivery of four maritime surveillance–equipped PowerBuoy platforms off the coast of San Diego, California.