Ocean Power Technologies(OPTT)

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Ocean Power Technologies highlights record backlog, pipeline growth in fiscal Q1
Proactiveinvestors NA· 2025-09-15 20:57
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Ocean Power Technologies(OPTT) - 2026 Q1 - Quarterly Report
2025-09-15 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ______to______ Commission file number: 001-33417 OCEAN POWER TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdic ...
Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results
Globenewswire· 2025-09-15 20:15
Ocean Power Technologies Backlog Surges 184%Drives Accelerating Growth Outlook MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal first quarter (“1Q26”) Highlights include: 1Q26 RESULTS Backlog at July 31, 2025 was $15.0 million, a 184% increase over the 1Q25.Pipeline as of July 31, 2025 was $133.5 million, a 45% increase over the $92.0 million pipeline at April July 31, 20 ...
Ocean Power Technologies partners with Gradient Marine to boost digital twin and simulation capabilities
Proactiveinvestors NA· 2025-09-15 13:24
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities
Globenewswire· 2025-09-15 12:15
MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has entered into a strategic partnership with Gradient Marine (“GM”), a U.S.-based provider of advanced digital modeling, simulation, and hardware-in-the-loop environments. Through this collaboration, OPT will integrate GM’s Virtual Maritime Picture (VMP) soft ...
Ocean Power Technologies to Release Fiscal 2026 First Quarter Earnings on September 15, 2025
Globenewswire· 2025-09-02 20:15
Company Overview - Ocean Power Technologies, Inc. (OPT) is a leader in innovative and cost-effective low-carbon marine power, data, and service solutions [1] - The company provides intelligent maritime solutions for various markets including defense, oil and gas, science and research, and offshore wind [2] - OPT's offerings include PowerBuoy platforms for clean electric power and real-time data communications, as well as WAM-V autonomous surface vessels and marine robotics services [2] Earnings Announcement - OPT will release its earnings for the fiscal 2026 first quarter, covering the period ended July 31, 2025, after market close on September 15, 2025 [1] Investor Relations - To enhance relations with institutional investors, OPT management is hosting individual meetings with portfolio managers and analysts [2]
Ocean Power Technologies ships WAM-Vs to UAE, further expands fleet in region
Proactiveinvestors NA· 2025-09-02 14:35
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Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE
Globenewswire· 2025-09-02 12:15
Core Insights - Ocean Power Technologies, Inc. (OPT) is expanding its fleet in the Middle East by shipping two WAM-V Unmanned Surface Vehicles (USV) to Remah International Group (RIG), a defense partner in the UAE, to enhance autonomous ocean operations [1][2] - The company plans to establish a sales and operations office in the region, indicating a strategic move to increase its presence and capitalize on recent contract wins and demonstrations [2] - Jason Weed, SVP of Commercial Sales at OPT, highlighted the shipment's significance in strengthening the company's regional presence and emphasized the value of its AI-enabled ocean technologies in maritime security [3] Company Overview - Ocean Power Technologies provides intelligent maritime solutions and services aimed at enhancing safety, cleanliness, and productivity in ocean operations across various sectors, including defense, oil and gas, science and research, and offshore wind [4] - The company offers products such as Merrows™, which integrates Maritime Domain Awareness Systems, and PowerBuoy platforms that deliver clean electric power and real-time data communications for remote maritime applications [4]
Ocean Power Technologies grows Middle East footprint with Unique Group - ICYMI
Proactiveinvestors NA· 2025-08-30 14:02
Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company’s decision to extend its agreement with the Unique Group in the United Arab Emirates, underlining strong growth in both the defense and commercial sectors across the region. Stratmann highlighted that demand for autonomous maritime systems, such as unmanned surface vehicles (USVs) and monitoring buoys, is continuing to rise, particularly in the Middle East. Proactive: Welcome back inside our Proactive ne ...
Ocean Power Technologies expands UAE partnership with Unique Group through new services agreement
Proactiveinvestors NA· 2025-08-26 13:32
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