Ocean Power Tech Stock Price, News & Analysis

Ocean Power Technologies (NYSE American: OPTT) will participate in the 3rd Annual DealFlow Discovery Conference on January 28-29, 2026 at The Borgata Hotel, Casino & Spa in Atlantic City, NJ. Bob Powers, CFO, will deliver a company presentation and be available for one-on-one investor meetings. Investors can request an investor pass at no cost to attend and schedule meetings with management. The company directs interested parties to its investor site for more information.

Ocean Power Technologies (NYSE American: OPTT) announced it will release early fiscal 2026 second quarter earnings for the period ended October 31, 2025 prior to market open on Monday, December 15, 2025. A conference call and webcast to discuss results is scheduled for December 15, 2025 at 9:00 AM EST, hosted by CEO Philipp Stratmann and CFO Bob Powers.

Dial-in numbers: 877-407-8291 or 201-689-8345. Webcast and archived replay will be available on OPT investor relations; telephone replay available ~two hours after the call (U.S.: 877-660-6853, Intl: 201-612-7415, Conference ID 13757421). Institutional investors can request individual meetings via InvestorRelations@oceanpowertech.com or 609-730-0400 x401.

Ocean Power Technologies (NYSE: OPTT) announced a partnership with Mythos AI to integrate advanced AI autonomy software across OPTT’s WAM-V autonomous surface vehicles and PowerBuoy platforms. The collaboration aims to deliver a complete autonomy ecosystem combining hardware, power, and AI software to improve endurance, situational awareness, obstacle avoidance, multi-vehicle coordination, and vehicle-buoy collaboration.

Initial integrated demonstrations are scheduled for Q1 2026. The partnership targets defense, security, and commercial customers and seeks to expand OPTT’s addressable market in autonomous maritime systems.

Ocean Power Technologies (NYSE American: OPTT) announced it was certified on Nov 4, 2025 by AUVSI as a Trusted Uncrewed Maritime Systems (UMS) Operator Training Provider. The company will deliver AUVSI-aligned operator training and certification using its WAM-V® platform for government, defense, commercial, and academic customers.

Training is described as revenue-generating and will be offered at OPT’s Pacific and Atlantic Ocean locations and at customer sites, expanding workforce readiness and support for uncrewed maritime operations.

Ocean Power Technologies (NYSE American: OPTT) reported its Q1 fiscal 2026 results, highlighting significant growth in backlog and pipeline. The company's backlog surged 184% to $15.0 million, while the pipeline increased 45% to $133.5 million. Q1 revenues were $1.2 million, down 9% year-over-year.

Key developments include an expanded partnership with UAE-based Unique Group, major upgrades to their AI-enabled Merrows™ Maritime Domain Awareness Solution, and a new office in Washington, D.C. The company reported a net loss of $7.4 million, primarily due to increased non-cash stock compensation expenses. Cash position stood at $10.0 million as of July 31, 2025.

Ocean Power Technologies (NYSE American: OPTT) has announced a strategic partnership with Gradient Marine to enhance its digital capabilities. The collaboration will integrate Gradient Marine's Virtual Maritime Picture (VMP) software to develop digital twins for OPT's flagship platforms, including the PowerBuoy® and WAM-V® autonomous surface vehicles.

The partnership aims to enable simulation-before-deployment capabilities, allowing customers to conduct real-world simulation, mission rehearsal, and lifecycle testing in virtual environments. This integration is expected to accelerate development cycles and reduce operational risk across defense, offshore, and commercial sectors.

The collaboration will expand OPT's digital engineering processes and provide access to Gradient Marine's Department of Defense customer network, targeting opportunities in defense, offshore wind, aquaculture, subsea infrastructure, and environmental monitoring.

Ocean Power Technologies (NYSE American: OPTT), a provider of low-carbon marine power solutions, has scheduled its fiscal 2026 first quarter earnings release for September 15, 2025, after market close. The earnings report will cover the period ended July 31, 2025.

The company is actively working to strengthen its relationships with institutional investors by offering individual meetings with management for portfolio managers and analysts. Interested parties can schedule meetings through the company's Investor Relations department.

Ocean Power Technologies (NYSE American: OPTT) announced the shipment of two WAM-V® Unmanned Surface Vehicles (USVs) to Remah International Group (RIG), a UAE-based military services company. The shipment strengthens OPT's presence in the Middle East region.

As OPT's defense partner in the UAE, RIG will utilize these vehicles to demonstrate their expeditionary capabilities and autonomous ocean operations potential. Following recent successes in the region, OPT plans to establish a sales and operations office in the UAE and make strategic hires to support its expansion.

Ocean Power Technologies (NYSE American: OPTT) has expanded its partnership with UAE-based Unique Group through a Master Services Agreement (MSA). The agreement positions Unique Group as OPT's execution partner for non-defense WAM-V® USV projects in the UAE.

Key aspects of the partnership include:

• Immediate lease of one OPT WAM-V 22 unmanned surface vehicle by Unique Group
• Revenue sharing and purchase options
• Joint expansion of regional fleet capacity
• Establishment of a dedicated Maintenance, Repair, and Overhaul (MRO) hub in the UAE

This strategic collaboration aims to accelerate WAM-V deployments and scale recurring lease income in the UAE market while reducing operational risks, carbon emissions, and costs.