Ocean Power Technologies(OPTT)

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Ocean Power Technologies displays unmanned underwater vessel capability
Proactive Investors· 2024-05-14 13:50
About this content About Josh Lamb Proactive news team spans the world's key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotec ...
Ocean Power Technologies Successfully Demonstrates Counter Unmanned Underwater Vehicle Capability
Newsfilter· 2024-05-14 12:39
Mr. Burdyny expressed his enthusiasm about this milestone, stating, "These field demonstrations further solidify the operational capability of our COTS WAM-V solution with the objective of keeping our warfighter safe and removing the man from the minefield. This capability represents a potential order of magnitude cost reduction feature to our services. I am excited to present the results of our demonstrations at the forthcoming Mine Warfare meetings in San Diego, and advance our ability to deliver solution ...
Ocean Power Technologies celebrates renewable energy production milestone
Proactive Investors· 2024-05-13 12:39
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 Announces Renewable Energy Production Milestone
Newsfilter· 2024-05-13 12:15
MONROE TOWNSHIP, N.J., May 13, 2024 (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 is approaching 15MWh of renewable energy production from its family of PowerBuoys ® ("PB"). The recent launch of its Next Generation PB off the coast of New Jersey has materially accelerated average energy production by combining solar, wind, and wave energy production ca ...
Ocean Power Technologies a founding member of new robotics and autonomous systems consortium
Proactive Investors· 2024-05-07 13:04
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 conducts customer demonstrations of maritime domain awareness solution Merrows
Proactive Investors· 2024-05-06 14:06
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 Successfully Demonstrates Advanced AI Solutions in the North Atlantic
Newsfilter· 2024-05-06 12:15
MONROE TOWNSHIP, N.J., May 06, 2024 (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 completed multiple offshore demonstrations for potential customers of its Artificial Intelligence capable Maritime Domain Awareness Solution, Merrows. These demonstrations were conducted using the recently deployed Next Generation PowerBuoy. Further demonstrations for ...
Ocean Power Technologies awarded multi-year ProTech IDIQ contract
Proactive Investors· 2024-04-30 12:48
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract
Newsfilter· 2024-04-30 12:15
MONROE TOWNSHIP, N.J., April 30, 2024 (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 its selection as part of a team awarded the National Oceanic and Atmospheric Administration's (NOAA) Professional, Scientific, and Technical Services (ProTech) Oceans Domain Indefinite Delivery Indefinite Quantity (IDIQ) contract. This award positions OPT within an elite g ...
Ocean Power Technologies(OPTT) - 2024 Q3 - Quarterly Results
2024-03-13 21:00
Exhibit 99.1 Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results Continued Growth in Pipeline, Revenue, and Gross Profit Reported MONROE TOWNSHIP, N.J., March 13, 2024 (GLOBE NEWSWIRE) - Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2024 ("Q324"), including year over year revenue, gross profit, and pipeline growth. Financial Highlights from the third quarter: Recent Operat ...