Ocean Power (OPTT) Earnings Call Presentation

Company Overview - Ocean Power Technologies (OPT) has approximately 60 employees and holds around 70 patents [3] - OPT's headquarters is located in Monroe Township, New Jersey, with facilities in Richmond, California [3] - OPT is listed on the NYSE American under the ticker symbol OPTT [3] Products and Strategy - OPT's PowerBuoy can monitor over 1,600 square miles of ocean surface [15] - OPT secured $3 million in purchase order commitments for WAM-V USVs and $2 million in purchase orders for PowerBuoys in Latin America [36] - OPT's strategic platform stack integrates renewable energy, mobile autonomy, and intelligent command systems [7] - OPT's platforms are deployed or evaluated in the U S, NATO, Indo-Pacific, and Middle East [17] Competitive Positioning - In 2024, 49 vendors shared a $982 million Navy contract in the USV sector [21] - OPT's PowerBuoy and WAM-V deliver persistent power and autonomy with minimal human footprint [17]