Welcome to our dedicated page for Ocean Power Tech news (Ticker: OPTT), a resource for investors and traders seeking the latest updates and insights on Ocean Power Tech stock.
Ocean Power Technologies develops intelligent maritime power, data and autonomy solutions for defense and security, offshore energy, science and research, and offshore wind customers. Its recurring news centers on PowerBuoy® offshore power and communications systems, WAM-V® autonomous surface vessels, Merrows™ maritime domain awareness integration, marine robotics services, and low-carbon infrastructure for remote ocean operations.
Company updates commonly cover customer orders, government and commercial deployments, autonomous docking and charging capabilities, maritime domain awareness programs, international shipments, quarterly results, backlog and sales pipeline commentary, and participation in investor events. OPTT news also reflects work on persistent offshore monitoring, communications relay, autonomous navigation, and support for maritime security and infrastructure protection missions.
Ocean Power Technologies (NYSE: OPTT) reported fiscal 3Q26 results for the period ended January 31, 2026, highlighting a record backlog of $19.9 million and a strategic $6.5 million DHS contract to deliver four MERROWS-equipped PowerBuoy systems beginning in Q4 FY2026.
Revenues were for the quarter with widening net losses; cash and short-term investments totaled $7.2 million at period end.
Ocean Power Technologies (NYSE:OPTT) reported preliminary Q3 FY2026 results and strategic progress on March 11, 2026. Backlog was ~$19.9M (+165% YoY) and pipeline ~$163.9M (+84% vs Oct 31, 2025). OPT secured a ~$6.5M DHS multi-buoy contract with delivery beginning Q4 FY2026. Estimated Q3 revenue was $0.4–$0.6M vs $0.8M prior year; estimated net loss $11.3–$11.5M vs $6.7M; cash used in operations $20.0M vs $14.6M. A conference call is scheduled March 18, 2026 at 9:00 AM ET.
Ocean Power Technologies (NYSE American: OPTT) will release fiscal 2026 third quarter results for the period ended January 31, 2026 on March 17, 2026. A conference call and webcast to discuss results is scheduled for March 18, 2026 at 9:00 AM ET hosted by CEO Philipp Stratmann and CFO Bob Powers.
Call dial-ins, webcast and replay details, plus investor meeting scheduling instructions and contact information are provided for investors and analysts.
Ocean Power Technologies (NYSE American: OPTT) on March 2, 2026 emphasized the growing strategic role of its autonomous maritime systems amid heightened Middle East tensions.
The company confirmed regional partners and team members are safe, said operations and customer support continue without disruption, and highlighted demand for persistent offshore monitoring and infrastructure protection.
Ocean Power Technologies (NYSE American: OPTT) received an approximately $1.5 million Purchase Order from the United States Coast Guard on Feb. 24, 2026, to install and deploy previously ordered operational buoy systems.
The award completes the acquisition cycle, enables near-term fielding and expected near-term revenue as OPT performs deployment, commissioning, and operational activation supporting DHS maritime security missions.
Ocean Power Technologies (NYSE American: OPTT) provided an operational update on Feb 23, 2026 highlighting global deployments and infrastructure progress. OPT shipped a WAM-V autonomous surface vehicle to Greece, moved its integrated docking and charging program from prototype to full-scale build, and placed component orders ahead of open-water validation.
The company targets an early access commercial docking solution in 2026 and reports advances in autonomous navigation and control through its collaboration with Mythos AI to strengthen perception and decision-making for persistent offshore operations.
Ocean Power Technologies (NYSE:OPTT) won a multi-buoy contract greater than $5 million to deliver and operate four MERROWS®-equipped PowerBuoy® systems for a U.S. Department of Homeland Security mission supporting the U.S. Coast Guard near San Diego, CA.
The buoys will be delivered near term, integrate into DHS C5I, and feed buoy and Anduril tower sensors into Anduril’s Lattice command-and-control for unified maritime domain awareness, enhanced detection, and real-time decision support.
Ocean Power Technologies (NYSE:OPTT) reported fiscal 2Q26 results for the quarter ended October 31, 2025. Key operational highlights include backlog of $15.0 million (up $11.2M, ~300% YoY), a $137.5 million pipeline (up $53.1M, +63% YoY), and shipment of eight WAM-V autonomous surface vehicles during the quarter. OPT announced strategic partnerships with Mythos AI (AI autonomy) and Gradient Marine (digital-twin/simulation) and gained AUVSI Trusted Operator certification, with initial integrated demos planned in Q1 2026.
Financials: 2Q26 revenue was $0.4M (YTD $1.6M) versus $2.4M prior-year quarter, gross loss $1.4M, operating expenses $8.7M (driven by $2.5M higher stock-based comp), net loss $10.8M, and combined cash and short-term investments of $11.7M as of October 31, 2025.
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.