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 American: OPTT) will release earnings for its fourth quarter and fiscal year 2026, both ended April 30, 2026, on Thursday, July 23, 2026. The company expects to file its Form 10-K with the SEC on or about July 29, 2026.
A conference call and webcast to discuss the results will be held on Friday, July 24, 2026 at 9:00 AM ET, hosted by CEO Philipp Stratmann and CFO Bob Powers. Dial-in numbers are 877-407-8291 or 201-689-8345, with telephone replay available using Conference ID 13761851 and an archived webcast on the investor relations website.
Ocean Power Technologies (NYSE American: OPTT) reported that the U.S. Government has selected its WAM-V unmanned surface vehicle maritime drone technology for further engagement after a competitive capability assessment. The company emphasized this is not a contract or procurement decision but an opportunity for additional technical engagement with U.S. defense and security agencies.
Ocean Power Technologies (NYSE American: OPTT) reported expanded international maritime security engagements across Europe. Recent activities included customer training and maritime drone handovers in Italy and Greece, supporting autonomous system deployments.
The company also joined Poland’s 11th National Maritime Security Forum, contributing to discussions on Baltic security and critical infrastructure protection.
Ocean Power Technologies (NYSE American: OPTT) amended and restated its Section 382 Tax Benefits Preservation Plan, extending its expiration from June 29, 2026 to June 29, 2029.
The plan is designed to help protect OPT’s federal net operating loss carryforwards and other tax attributes by discouraging investors from acquiring 4.99% or more of its common stock.
Ocean Power Technologies (NYSE American: OPTT) announced deployment and commissioning of a PowerBuoy system off New Jersey for Rutgers University, supported by the New Jersey Economic Development Authority. OPT also received a new WAM-V maritime drone purchase order from Stevens Institute of Technology, expanding its academic research customer base.
Ocean Power Technologies (NYSE American: OPTT) reported strong field performance from a MERROWS™-equipped PowerBuoy® deployed for U.S. Coast Guard maritime domain awareness off San Diego.
The system has generated nearly 0.5 MWh of renewable energy and maintained sustained operations, and the company is enhancing tools to scale deployments. OPT also granted 65,000 RSUs to newly hired U.S. Defense Senior Director of Business Development Rob O’Malley, vesting over nine months based on continued employment and performance targets.
Ocean Power Technologies (NYSE American: OPTT) priced a registered direct offering with institutional investors for 25,000,000 common shares and accompanying warrants to purchase up to 25,000,000 shares at a combined price of $0.40, a premium to the prior close.
Gross proceeds are expected to be about $10 million, before fees, with net proceeds earmarked for working capital and general corporate purposes. Warrants become exercisable six months after issuance at $0.40 and expire six years from initial exercise. Closing is expected around June 8, 2026, subject to customary conditions, with Ladenburg Thalmann as exclusive placement agent.
Ocean Power Technologies (NYSE American: OPTT) announced expanded international defense engagements across Europe, including recent activities in Poland and Norway. Efforts focus on maritime security, autonomous systems, and persistent maritime domain awareness using the company’s PowerBuoy®, WAM-V® drones, and Merrows™ solutions to support allied defense and infrastructure protection.
Ocean Power Technologies (NYSE American: OPTT) announced an expanded global deployment footprint for its PowerBuoy® and WAM-V® technologies across U.S. and international customers.
U.S. deployments have grown from one to five concurrent PowerBuoy systems, supporting Homeland Security, Department of War research for the U.S. Navy, and a research institution. Internationally, deployments now include three WAM-V vehicles and one PowerBuoy in the UAE, plus additional WAM-V units in Taiwan and other regions. The company is also showcasing its WAM-V platform at Special Operations Forces Week in Tampa, highlighting demand for offshore monitoring and autonomous maritime capabilities.
Ocean Power Technologies (NYSE American: OPTT) announced the active deployment of three PowerBuoy systems supporting U.S. Department of Homeland Security maritime surveillance operations off California. All buoys stream real-time offshore data as a distributed network, including one in waters over 1,000 meters deep.
The systems integrate with Anduril’s Lattice autonomous command-and-control platform and use OPT’s AI-capable Merrows software, providing persistent power, communications, and sensor hosting for scalable, autonomous maritime domain awareness.