News Releases

PENNINGTON, N.J. , Dec. 3, 2012 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced that it will release its fiscal second quarter and six month financial results before the market opens on Friday,

PENNINGTON, N.J. , Nov. 8, 2012 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT", or "the Company"), a leading wave energy technology company, today announced the appointment of Dr. Mike M. Mekhiche to the position of Vice President, Engineering. Dr.

New Unit Will Focus on Addressing Global Market Potential for Autonomous PowerBuoys PENNINGTON, N.J. , Nov. 6, 2012 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company"), a leading wave energy technology company, today announced the formation of an Autonomous

¥70 million contract furthers work towards goal of commercial deployment PENNINGTON, N.J. --(BUSINESS WIRE)--Oct. 22, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that the Company has received a ¥70 million

PENNINGTON, N.J. --(BUSINESS WIRE)--Oct. 5, 2012-- Ocean Power Technologies, Inc. (Nasdaq:OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 27, 2012-- Ocean Power Technologies, Inc (Nasdaq: OPTT) ("OPT" and “the Company”), a leading wave energy technology company, today announced that its utility-scale PowerBuoy ® off the coast of Reedsport, Oregon , is expected to be deployed in spring 2013.

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 14, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announced financial results for its fiscal 2013 first quarter ended July 31, 2012 . Highlights Net loss decreased to $4.4 million for the three months ended July 31, 2012

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 10, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced that it will release its fiscal 2013 first quarter financial results before the market opens on Friday, September 14,

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 4, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announced that it has entered into a Cooperative Research and Development Agreement (“CRADA”) with the U.S. Department of Homeland Security (“DHS”) Science &

License is the first to be issued for a wave power station in the United States PENNINGTON, NJ --(BUSINESS WIRE)--Aug. 20, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or "the Company") today announced that its wholly-owned Oregon subsidiary, Reedsport OPT Wave Park, LLC , has