News Releases

MONROE TOWNSHIP, N.J. , March 25, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “Company”) (NYSE American: OPTT), a leader in innovative maritime solutions, today announced the sale of a Wave Adaptive Modular Vessel (WAM-V ® ) to a new customer in Latin America , for an onshore

System includes surface and subsurface sensors MONROE TOWNSHIP, N.J. , March 24, 2025 (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 announced it

Reports Record Backlog and Reduces Cash Used in Operating Activities by 59% MONROE TOWNSHIP, N.J. , March 18, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies , Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for the second quarter ended January 31, 2025

OPT begins assembly on USV immediately. MONROE TOWNSHIP, N.J. , March 13, 2025 (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 announced it has

MONROE TOWNSHIP, N.J. , March 12, 2025 (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 announced it received a binding letter of intent to deploy

Paving the Way for Strategic Expansion in the Region MONROE TOWNSHIP, N.J. , Feb. 24, 2025 (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

Exhibiting with local partner Remah International Group MONROE TOWNSHIP, N.J. , Feb. 10, 2025 (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

OPT Expands Global Presence and Broadens Service Offerings MONROE TOWNSHIP, N.J. , Jan. 31, 2025 (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

Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale MONROE TOWNSHIP, N.J. , Jan. 21, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and

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.