News Releases

Memorandum of Understanding Focuses on Development of Integrated Systems Solutions for Prospective Customers Based on OPT's PowerBuoy (R) PENNINGTON, N.J. , Oct. 26, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) and Gardline Environmental, Ltd announced today a Memorandum of

PENNINGTON, N.J. , Oct. 20, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") today announced that it has begun Accelerated Life Testing ("ALT") on its redesigned APB350 power takeoff (PTO) system as part of its effort to demonstrate product reliability

PENNINGTON, N.J. , Sept. 9, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that it has formed a Technical Advisory Panel ("TAP") as part of its intensified efforts to accelerate PowerBuoy ® commercialization and market adoption.

PENNINGTON, N.J. , Sept. 8, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") today announced financial results for its Fiscal 2016 first quarter ended July 31, 2015 ("fiscal 2016"). George H. Kirby , President and Chief Executive Officer of OPT, stated,

PENNINGTON, N.J. , Sept. 8, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that it successfully deployed its APB350 A1 PowerBuoy approximately 14 miles northeast of Atlantic City, New Jersey .

PENNINGTON, N.J. , Sept. 2, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company"), announced today that George Kirby , President and Chief Executive Officer, will present at the 17 th Annual Rodman & Renshaw Global Investment Conference at the St.

PENNINGTON, N.J., July 28, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that it has successfully deployed its PB40 PowerBuoy off the coast of New Jersey. The deployment is OPT's first since late 2013 and is a critical step in its

Multiple PowerBuoy® deployments on track for calendar 2015 Primary focus on offshore autonomous markets and applications Continued emphasis on PowerBuoy reliability, durability, and cost reduction Advancing toward commercial status PENNINGTON, N.J. , July 6, 2015 (GLOBE NEWSWIRE) -- Ocean Power

PENNINGTON, N.J. , July 2, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (OPT), today announced that it will release its fiscal fourth quarter and full year financial results after market close on Monday, July 6, 2015 . A conference call to review these results will be held

PENNINGTON, N.J. , June 16, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that the PB40 has received final permit approval from the New York District Army Corps of Engineers . In addition, after receiving permit approval, the Company