Ocean Power wins immediate-delivery WAM-V order from Nordic researcher Assembly starts immediately on a fully integrated vehicle for a new underwater research customer, extending the company's previously announced Nordics push.

#OPTT Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an Underwater Research Customer in the Nordics 

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Ocean Power Technologies Advances U.S. Homeland Security Contract with Shipment of First PowerBuoy® Ocean Power Technologies (NYSE: OPTT) shipped the first PowerBuoy under a $6.5M U.S. Department of Homeland Security contract, marking the program's move from development to operational deployment.The system will be deployed off the coast of California to provide persistent, autonomous offshore surveillance supporting U.S. Coast Guard maritime domain awareness; integration with Anduril is ongoing and deployment awaits final site preparations and operational readiness.

#OPTT Ocean Power Technologies Advances U.S. Homeland Security Contract with Shipment of First PowerBuoy®

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Fundamental analysis of $OPTT (Ocean Power Technologies, Inc.) based on financial data and reported results.

#OPTT

Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2026 Results Ocean Power Technologies (NYSE: OPTT) reported fiscal 3Q26 results for the period ended January 31, 2026, highlighting a record backlog of $19.9 million and a strategic $6.5 million DHS contract to deliver four MERROWS-equipped PowerBuoy systems beginning in Q4 FY2026.Revenues were for the quarter with widening net losses; cash and short-term investments totaled $7.2 million at period end.

#OPTT Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2026 Results

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Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced preliminary financial results for the third quarter ended

#OPTT Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results

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Ocean Power Technologies Highlights Strategic Relevance of Autonomous Maritime Systems Amid Heightened Regional Tensions Ocean Power Technologies (NYSE American: OPTT) on March 2, 2026 emphasized the growing strategic role of its autonomous maritime systems amid heightened Middle East tensions.The company confirmed regional partners and team members are safe, said operations and customer support continue without disruption, and highlighted demand for persistent offshore monitoring and infrastructure protection.

#OPTT Ocean Power Technologies Highlights Strategic Relevance of Autonomous Maritime Systems Amid Heightened Regional Tensions

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Ocean Power Technologies received a ~$1.5M purchase order from the U.S. Coast Guard to deploy and commission previously ordered buoy systems in support of Department of Homeland Security maritime security missions.

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OPT to Deliver Multiple Buoy Solution to U.S. Department of Homeland Security in Partnership with Anduril Ocean Power Technologies (NYSE:OPTT) won a multi-buoy contract greater than $5 million to deliver and operate four MERROWS®-equipped PowerBuoy® systems for a U.S. Department of Homeland Security mission supporting the U.S. Coast Guard near San Diego, CA.The buoys will be delivered near term, integrate into DHS C5I, and feed buoy and Anduril tower sensors into Anduril’s Lattice command-and-control for unified maritime domain awareness, enhanced detection, and real-time decision support.

#OPTT OPT to Deliver Multiple Buoy Solution to U.S. Department of Homeland Security in Partnership with Anduril

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Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2026 Results Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal second quarter (“2Q26”)

#OPTT Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2026 Results

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#OPTT Ocean Power Technologies Attending the 3rd Annual DealFlow Discovery Conference

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Ocean Power Technologies and Mythos AI Partner to Advance Autonomous Maritime Capabilities Ocean Power Technologies (NYSE: OPTT) announced a partnership with Mythos AI to integrate advanced AI autonomy software across OPTT’s WAM-V autonomous surface vehicles and PowerBuoy platforms. The collaboration aims to deliver a complete autonomy ecosystem combining hardware, power, and AI software to improve endurance, situational awareness, obstacle avoidance, multi-vehicle coordination, and vehicle-buoy collaboration.Initial integrated demonstrations are scheduled for Q1 2026. The partnership targets defense, security, and commercial customers and seeks to expand OPTT’s addressable market in autonomous maritime systems.

#OPTT Ocean Power Technologies and Mythos AI Partner to Advance Autonomous Maritime Capabilities

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Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results Ocean Power Technologies (NYSE American: OPTT) reported its Q1 fiscal 2026 results, highlighting significant growth in backlog and pipeline. The company's backlog surged 184% to $15.0 million, while the pipeline increased 45% to $133.5 million. Q1 revenues were $1.2 million, down 9% year-over-year.Key developments include an expanded partnership with UAE-based Unique Group, major upgrades to their AI-enabled Merrows™ Maritime Domain Awareness Solution, and a new office in Washington, D.C. The company reported a net loss of $7.4 million, primarily due to increased non-cash stock compensation expenses. Cash position stood at $10.0 million as of July 31, 2025.

#OPTT Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results

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Maritime AI Leader Ocean Power Technologies Strengthens UAE Defense Presence with Autonomous Vessel Delivery Ocean Power Technologies delivers two WAM-V unmanned surface vehicles to UAE's Remah International Group, plans regional office expansion. AI-enabled vessels target maritime security market.

#OPTT Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE

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Maritime Autonomy Breakthrough: Ocean Power Technologies Launches Major UAE Fleet Partnership with Unique Group OPT partners with Unique Group for UAE WAM-V unmanned vessel deployments, including immediate lease of WAM-V 22 and new MRO hub establishment. Agreement covers non-defense projects with revenue sharing.

#OPTT Ocean Power Technologies Accelerates UAE Growth Strategy Through Expanded Partnership with Unique Group

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Maritime Tech Leader Ocean Power Technologies Establishes Strategic DC Presence at Robotics Hub Ocean Power Technologies opens Washington DC office at AUVSI headquarters, strengthening unmanned systems initiatives and policy engagement. Expansion supports WAM-V fleet growth and AI maritime systems.

#OPTT Ocean Power Technologies Expands U.S. Presence with New Washington, D.C. Office at AUVSI Headquarters

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Ocean Power Technologies Shows Path for NJ to Dominate US Marine Energy Future Company showcases AI-enabled PowerBuoy success in Monterey Bay while advocating for state policy support to create offshore energy innovation hub. Learn more.

#OPTT Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey Legislature

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The company’s backlog as of April 30, 2025, reached $12.5 million, marking a 158% year-over-year increase.

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$OPTT

Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results Ocean Power Technologies (NYSE American: OPTT) reported its Q4 and full-year fiscal 2025 results, marking significant growth in key metrics. The company achieved a record backlog of $12.5 million, up 158% year-over-year, and a pipeline of $137.5 million, representing an 88% increase from the previous year.Financial highlights include revenue growth of 6% to $5.9 million for FY25 and a 28% reduction in operating expenses to $23.3 million. The company secured multiple strategic partnerships, including agreements with Remah International Group, Unique Group, and Red Cat Holdings, while expanding its global presence through platform deployments and reseller agreements.Notable achievements include obtaining a Department of Defense Facility Security Clearance and ISO 9001 certification. The company ended FY25 with $6.9 million in cash and equivalents, compared to $3.3 million at the start of the fiscal year.

#OPTT Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results

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Ocean Power Technologies Signs Strategic Reseller Agreement in Latin America Ocean Power Technologies (NYSE American: OPTT) has signed a strategic reseller agreement with a Latin American partner to expand its presence in the Mexican offshore and maritime markets. The agreement includes a $3 million purchase commitment for OPT's WAM-V® Unmanned Surface Vehicles.The partnership enables the Latin American reseller to provide business development, sales, and technical support services in Mexico. This agreement is part of OPT's broader strategy to expand its global reseller network and deploy intelligent maritime solutions across security, energy, and commercial markets.

#OPTT Ocean Power Technologies Signs Strategic Reseller Agreement in Latin America

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Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School Ocean Power Technologies (NYSE American: OPTT) has successfully installed a PowerBuoy® system with AI-capable Merrows™ technology for the Naval Postgraduate School in Monterey Bay. The system integrates AT&T® 5G technology and advanced subsea sensors for Maritime Domain Awareness (MDA).The deployment represents a significant milestone in OPT's strategic plan, enabling continuous, autonomous monitoring and data collection in a strategically important maritime region. The PowerBuoy® can support additional environmental sensors and serve as a 5G communications node along the U.S. coastline, demonstrating the company's capability to deliver advanced, persistent offshore infrastructure for defense, security, and research missions.

#OPTT Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School

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