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Ocean Power Technologies Achieves ISO 9001 Certification

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Ocean Power Technologies (NYSE American: OPTT), a provider of low-carbon marine power and data solutions, has achieved ISO 9001 certification for its quality management system. This certification validates OPT's commitment to delivering products and services that consistently meet customer and regulatory requirements.

The certification applies to OPT's entire product portfolio, including the PowerBuoy®, WAM-V® Unmanned Surface Vehicles, and Merrows™ Maritime Domain Awareness Solution. CEO Philipp Stratmann emphasized this achievement's significance in positioning OPT as a reliable provider of maritime intelligence solutions, particularly for customers in the defense, energy, and research sectors.

Ocean Power Technologies (NYSE American: OPTT), fornitore di soluzioni marine a basso impatto ambientale e di dati, ha ottenuto la certificazione ISO 9001 per il suo sistema di gestione della qualità. Questa certificazione conferma l'impegno di OPT nel fornire prodotti e servizi che soddisfano costantemente i requisiti dei clienti e delle normative.

La certificazione riguarda l'intero portafoglio prodotti di OPT, inclusi PowerBuoy®, WAM-V® Veicoli di Superficie Senza Equipaggio e la Soluzione Merrows™ per la Consapevolezza del Dominio Marittimo. Il CEO Philipp Stratmann ha sottolineato l'importanza di questo traguardo per posizionare OPT come un fornitore affidabile di soluzioni di intelligence marittima, in particolare per clienti nei settori della difesa, dell'energia e della ricerca.

Ocean Power Technologies (NYSE American: OPTT), proveedor de soluciones marinas de baja emisión de carbono y datos, ha obtenido la certificación ISO 9001 para su sistema de gestión de calidad. Esta certificación valida el compromiso de OPT de ofrecer productos y servicios que cumplen consistentemente con los requisitos de los clientes y las normativas.

La certificación abarca todo el portafolio de productos de OPT, incluyendo PowerBuoy®, WAM-V® Vehículos Superficiales No Tripulados y la Solución Merrows™ para Conciencia del Dominio Marítimo. El CEO Philipp Stratmann destacó la importancia de este logro para posicionar a OPT como un proveedor confiable de soluciones de inteligencia marítima, especialmente para clientes en los sectores de defensa, energía e investigación.

Ocean Power Technologies (NYSE American: OPTT)는 저탄소 해양 전력 및 데이터 솔루션 제공업체로서, 품질 경영 시스템에 대해 ISO 9001 인증을 획득했습니다. 이 인증은 OPT가 고객 및 규제 요구사항을 지속적으로 충족하는 제품과 서비스를 제공한다는 약속을 입증합니다.

이 인증은 OPT의 전체 제품군에 적용되며, 여기에는 PowerBuoy®, WAM-V® 무인 수상 차량, Merrows™ 해양 도메인 인식 솔루션이 포함됩니다. CEO 필립 스트랫만은 이 성과가 특히 국방, 에너지, 연구 분야 고객에게 신뢰받는 해양 정보 솔루션 제공업체로서 OPT의 입지를 강화하는 데 중요하다고 강조했습니다.

Ocean Power Technologies (NYSE American : OPTT), fournisseur de solutions marines à faible émission de carbone et de données, a obtenu la certification ISO 9001 pour son système de gestion de la qualité. Cette certification confirme l'engagement d'OPT à fournir des produits et services répondant constamment aux exigences des clients et aux normes réglementaires.

La certification couvre l'ensemble du portefeuille de produits d'OPT, incluant PowerBuoy®, WAM-V® Véhicules de Surface Sans Équipage et la solution Merrows™ pour la Connaissance du Domaine Maritime. Le PDG Philipp Stratmann a souligné l'importance de cette réussite pour positionner OPT comme un fournisseur fiable de solutions d'intelligence maritime, notamment pour les clients des secteurs de la défense, de l'énergie et de la recherche.

Ocean Power Technologies (NYSE American: OPTT), ein Anbieter von kohlenstoffarmen maritimen Energie- und Datensystemen, hat die ISO 9001-Zertifizierung für sein Qualitätsmanagementsystem erhalten. Diese Zertifizierung bestätigt OPTs Engagement, Produkte und Dienstleistungen zu liefern, die beständig die Anforderungen von Kunden und Vorschriften erfüllen.

Die Zertifizierung gilt für das gesamte Produktportfolio von OPT, einschließlich PowerBuoy®, WAM-V® unbemannte Oberflächenfahrzeuge und die Merrows™ Maritime Domain Awareness Lösung. CEO Philipp Stratmann betonte die Bedeutung dieses Erfolgs, um OPT als verlässlichen Anbieter von maritimen Informationslösungen zu positionieren, insbesondere für Kunden aus den Bereichen Verteidigung, Energie und Forschung.

Positive
  • Achieved ISO 9001 certification, demonstrating commitment to quality standards
  • Strengthens position as trusted provider in defense, energy, and research sectors
  • Validates quality management system for entire product portfolio
Negative
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Reinforces its Commitment to Quality and Continuous Improvement

MONROE TOWNSHIP, N.J., July 14, 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 that it has achieved ISO 9001 certification for its quality management system.

ISO 9001 is the world's most recognized quality management standard, awarded to organizations that consistently provide products and services that meet customer and regulatory requirements. This milestone affirms OPT’s commitment to excellence in engineering, manufacturing, and service delivery across its product portfolio, including the PowerBuoy®, WAM-V® Unmanned Surface Vehicles, and its Merrows™ Maritime Domain Awareness Solution.

“This certification marks a landmark achievement in OPT’s evolution,” said Philipp Stratmann, CEO of Ocean Power Technologies. “It underscores our transition to being a provider of scalable, repeatable and reliable maritime intelligence solutions with the processes and controls that our customers—especially in the defense, energy, and research sectors—expect from long-term technology partners.”

By achieving ISO 9001, OPT strengthens its position as a trusted provider of low-carbon maritime systems, offering customers additional confidence in the Company’s ability to deliver high-quality products and services at scale.

For more information about Ocean Power Technologies, please visit www.OceanPowerTechnologies.com.

ABOUT OCEAN POWER TECHNOLOGIES

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® unmanned surface vehicles (USV’s) and marine robotics services. The Company’s headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.

FORWARD-LOOKING STATEMENTS

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the maintenance of the ISO 9001 certification referenced herein, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.



CONTACT INFORMATION

Investors: 203-561-6945 or investorrelations@oceanpowertech.com

Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com

FAQ

What certification did Ocean Power Technologies (OPTT) receive in July 2025?

Ocean Power Technologies received ISO 9001 certification for its quality management system, the world's most recognized quality management standard.

What products are covered under OPTT's ISO 9001 certification?

The certification covers OPT's entire product portfolio, including the PowerBuoy®, WAM-V® Unmanned Surface Vehicles, and Merrows™ Maritime Domain Awareness Solution.

Who is the CEO of Ocean Power Technologies (OPTT)?

Philipp Stratmann is the CEO of Ocean Power Technologies.

What industries does Ocean Power Technologies (OPTT) serve?

OPT primarily serves the defense, energy, and research sectors with its maritime intelligence solutions and low-carbon marine power systems.
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