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

MONROE TOWNSHIP, N.J., March 24, 2026 (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 the shipment of the first PowerBuoy® system under its previously announced $6.5M contract with the U.S. Department of Homeland Security (DHS). The system will support maritime domain awareness operations for the U.S. Coast Guard. The shipment marks a key mileston ...