News Releases

PENNINGTON, N.J. , May 12, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company"), a leading wave energy technology company, announced today that Robert J. Burger was elected to the Company's Board of Directors effective May 8, 2015 . Most recently, Mr.

PENNINGTON, N.J. , April 22, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that it will be presenting a paper entitled, "Comparison of Model Power Predictions to Deployment Measurements" at the 2015 Marine Energy Technology Symposium

We are pleased to announce that Ocean Power Technologies (OPT) was featured in U.S. 1, a Business & Entertainment Weekly in the greater Princeton area, in an article titled “Despite Stormy Seas, Ocean Power Still Afloat”   For more information, please visit

PENNINGTON, N.J. , April 8, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") announced today that it has successfully completed a stage gate review with the Department of Energy (DoE) related to its Power Take-off (PTO) technology that could be used

Multiple PowerBuoy ® deployments are anticipated in calendar 2015 Primary focus on off-grid power production at smaller scales Continued emphasis on PowerBuoy reliability, durability, and cost reduction, and thus advancement toward commercial status. PENNINGTON, N.J.

PENNINGTON, N.J. , March 6, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) (OPT), today announced that it will release its fiscal third quarter financial results before the market opens on Wednesday, March 11, 2015 . A conference call to review these results will be held at

PENNINGTON, N.J. , Jan. 5, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) (OPT), today announced that its Board of Directors has appointed George H. Kirby as President, Chief Executive Officer (CEO), and Director effective January 20, 2015 . Terence J.

PENNINGTON, N.J. , Dec. 18, 2014 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company"), a leading wave energy technology company, announced today that it has received approximately $1.1 million through the State of New Jersey's Business Tax Certificate Transfer

PowerBuoy ® deployments planned for Q1 and Summer of 2015 Dedicated resource alignment to accelerate development of re-designed APB-350 Focus on growing market for off-shore data collection and transmission PENNINGTON, N.J. , Dec. 10, 2014 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc.

PENNINGTON, N.J. , Oct. 20, 2014 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company"), announced today that the PB40 PowerBuoy® fabricated for the WavePort Project has shipped from Santander, Spain to Bayonne, NJ with the intent to deploy off the coast of New