Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty

Core Insights - Ocean Power Technologies, Inc. (OPT) maintains operational continuity and competitive advantage due to its majority domestic supply chain and resilient workforce [1][2] - The company confirms that its inventory levels and procurement practices remain unaffected by global supply chain challenges, with no anticipated material impact on inventory costs [2][3] - Demand for dual-use technologies in both defense and renewable energy sectors is increasing, and OPT's supply chain strategy is designed to meet this demand while ensuring quality and delivery performance [3][4] Company Overview - OPT provides intelligent maritime solutions for various markets, including defense, oil and gas, science and research, and offshore wind [5] - The company emphasizes its commitment to U.S. manufacturing and engineering excellence, which supports mission-critical applications globally [4][5] - OPT's product offerings include PowerBuoy® platforms for clean energy and real-time data communications, as well as WAM-V® autonomous surface vessels and marine robotics services [5]