News Releases

PENNINGTON, N.J. , Oct. 21, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) today held its annual meeting of stockholders for the fiscal year ended April 30 , 2016.  During the meeting, stockholders re-elected board members Terence J. Cryan , Dean J.

PENNINGTON, N.J. , Oct. 19, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today that it has closed its offering of 2,760,000 shares of common stock at a price of $2.75 per share, which includes the sale of 360,000 shares of the Company’s

PENNINGTON, N.J. , Oct. 14, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”), announced today the pricing of an underwritten public offering of 2,400,000 shares of its common stock at a price to the public of $2.75 per share.  The underwriters will have

PENNINGTON, N.J. , Oct. 10, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”), announced today the launch of an underwritten public offering of 2,500,000 shares of its common stock, subject to market and other conditions.  The underwriters will have an

PENNINGTON, N.J., Oct. 04, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or the “Company”) announced today the successful completion of the pre-requisite stage gate review with Mitsui Engineering and Shipbuilding (“MES”), which allows OPT to proceed with the PB3

PENNINGTON, N.J. , Sept. 14, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has been awarded a contract (or “Contract”), valued at nearly $250,000 , by the U.S. Department of Defense Office of Naval Research (“ONR”) to conduct

PENNINGTON, N.J. , Sept. 12, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) today announced financial results for its Fiscal 2017 first quarter ended July 31, 2016 ("fiscal 2017"). George H. Kirby , President and Chief Executive Officer of OPT,

PENNINGTON, N.J. , July 27, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) today announced the closing of its previously announced best efforts public offering of 595,000 units, with each unit consisting of one share of common stock and 0.3 of a

PENNINGTON, N.J. , July 22, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (the “Company”) (NASDAQ:OPTT), announced today the pricing of a best efforts public offering of 595,000 units (the “Units”), at a price of $6.75 per Unit, each of which consists of one share of its common stock and

PENNINGTON, N.J. , July 21, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT), announced today that it intends to offer shares of its common stock and warrants to purchase common stock in a best efforts public offering.  The offering is subject to market and other conditions,