Ocean power technologies, inc. announces first quarter fiscal 2025 results

Operating expenses decrease by 39%, reducing operating loss and lower cash burn as opt achieves further progress on its path to profitability. the company's pipeline continues to grow, reflecting an increase in defense and security activity as well as an expansion of commercial opportunities operating expenses decrease by 39%, reducing operating loss and lower cash burn as opt achieves further progress on its path to profitability. the company's pipeline continues to grow, reflecting an increase in defense and security activity as well as an expansion of commercial opportunities
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