News Releases

The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company’s Commitment to US Government Projects MONROE TOWNSHIP, N.J. , Jan.

Main Assembly Finalized--Further Progressing Strategic Plan MONROE TOWNSHIP, N.J. , Dec. 23, 2024 (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

MONROE TOWNSHIP, N.J. , Dec. 18, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT) , a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company’s ongoing commitment

Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses MONROE TOWNSHIP, N.J. , Dec. 16, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies , Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for the

New partner helps to further increase OPTs presence in region MONROE TOWNSHIP, N.J. , Dec. 09, 2024 (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,

Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses MONROE TOWNSHIP, N.J. , Dec. 02, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies , Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced preliminary financial results

MONROE TOWNSHIP, N.J. , Nov. 18, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies , Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release early earnings for its

Continues Revenue and Booking Growth in Mexico and Costa Rica MONROE TOWNSHIP, N.J. , Oct. 31, 2024 (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,

Completion of the second set of exercise supports immediate revenue recognition MONROE TOWNSHIP, N.J. , Oct. 28, 2024 (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

Paradigm Shifting Development in OPT’s Expansion of its Defense and Security Business in the Middle East MONROE TOWNSHIP, N.J. , Oct. 21, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon