Ocean Power Technologies Unveils Enhanced Merrows™ Maritime Domain Awareness Solution
- MONROE TOWNSHIP, N.J., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in intelligent maritime solutions, today announced a major upgrade to its AI-capable Merrows™ Maritime Domain Awareness Solution (MDAS). The updated system expands its role as an ISR node—enabling enhanced maritime domain awareness and autonomous collaboration across surface, subsurface, and aerial platforms.
- 08/19/2025
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Ocean Power Technologies opens office at AUVSI headquarters in Washington, DC
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has opened a new office at the Association for Uncrewed Vehicle Systems International (AUVSI) headquarters in Washington, DC, expanding its US presence and strengthening ties with the uncrewed systems industry. The company said the office underscores its commitment to advancing uncrewed systems operations and national policy engagement.
- 08/18/2025
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Ocean Power Technologies Expands U.S. Presence with New Washington, D.C. Office at AUVSI Headquarters
- Move Strengthens Strategic Ties with the Association for Uncrewed Vehicle Systems International and Advances Trusted Operator Initiatives Move Strengthens Strategic Ties with the Association for Uncrewed Vehicle Systems International and Advances Trusted Operator Initiatives
- 08/18/2025
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Ocean Power Technologies CEO urges New Jersey to back marine energy sector
- Ocean Power Technologies Inc (NYSE-A:OPTT) has called on New Jersey lawmakers to strengthen support for the state's emerging marine energy industry, citing its potential to create jobs, bolster climate resilience and enhance national security. Speaking at a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment and Energy Committee, OPT CEO Philipp Stratmann said the state's coastline, workforce and industrial base position it to lead the US in tidal and wave energy.
- 08/15/2025
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Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey Legislature
- From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future
- 08/14/2025
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Ocean Power FY25 Loss Narrows Y/Y, Backlog Hits Record High
- OPTT posts record backlog and trims losses in fiscal 2025, signaling momentum despite revenue shortfall and macroeconomic headwinds.
- 07/29/2025
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Ocean Power Q4 Revenue Up 6 Percent
- Ocean Power Technologies (OPTT -14.83%), a provider of renewable energy and autonomous maritime systems, reported earnings for fiscal 2025 on July 24, 2025. The company delivered GAAP revenue of $5.9 million, an increase of 6% over the prior year.
- 07/25/2025
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Ocean Power Technologies, Inc. (OPTT) Q4 2025 Earnings Conference Call Transcript
- Ocean Power Technologies, Inc. (NYSE:OPTT ) Q2 2025 Earnings Call July 25, 2025 9:00 AM ET Company Participants Robert Powers - Senior VP, CFO & Principal Accounting Officer Philipp Stratmann - CEO, President & Director Conference Call Participants Glenn Mattson - Ladenburg Thalmann & Co. Inc., Research Division Peter Gastreich - Water Tower Research LLC Operator Good morning, and welcome to the Ocean Power Technologies Fourth Quarter and Full Fiscal Year 2025 Earnings Conference Call. A webcast of this call is also available and can be accessed by a link on the company's website at www.oceanpowertechnologies.com.
- 07/25/2025
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Ocean Power Technologies grows revenue and backlog in fiscal 2025
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced its financial results for the fiscal year ended April 30, 2025, reporting a 6% jump in annual revenue to $5.9 million. OPT's backlog surged 155% to $12.5 million, while the pipeline of potential projects grew to $137.5 million, an 88% year-over-year increase.
- 07/25/2025
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Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results
- MONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q25”) and full-year ended April 30, 2025 (“FY25”).
- 07/24/2025
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Ocean Power Technologies Signs Strategic Reseller Agreement in Latin America
- Agreement Includes a $3 Million Purchase Commitment for OPT Products and Expands Commercial Reach of Intelligent Maritime Solutions in the Mexican Market Agreement Includes a $3 Million Purchase Commitment for OPT Products and Expands Commercial Reach of Intelligent Maritime Solutions in the Mexican Market
- 07/24/2025
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Ocean Power Technologies to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on July 24, 2025
- MONROE TOWNSHIP, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2025 full year and fourth quarter ended April 30, 2025 after the market closes on Thursday July 24, 2025.
- 07/15/2025
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Ocean Power Technologies achieves ISO 9001 certification for quality management
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has achieved ISO 9001 certification for its quality management system. The certification, awarded under the ISO 9001 standard, recognizes organizations that consistently meet customer and regulatory requirements through effective quality management practices.
- 07/14/2025
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Ocean Power Technologies Achieves ISO 9001 Certification
- 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.
- 07/14/2025
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Ocean Power Technologies installs PowerBuoy system for Naval Postgraduate School
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the successful installation of its contracted PowerBuoy system for the Naval Postgraduate School (NPS). The system is now deployed in Monterey Bay and features OPT's latest PowerBuoy technology integrated with its proprietary Merrows suite.
- 07/09/2025
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Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
- MONROE TOWNSHIP, N.J., July 09, 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 the successful installation of its previously contracted PowerBuoy® system for the Naval Postgraduate School (NPS).
- 07/09/2025
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Ocean Power Technologies secures new patent for offshore charging system - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's newly awarded patent for integrated offshore charging systems. Stratmann explained how the technology will allow autonomous surface and underwater vehicles to recharge and transfer data at sea, significantly improving mission endurance and operational flexibility.
- 06/28/2025
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Ocean Power Technologies secures US patent allowance for floating marine charging system
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that the United States Patent and Trademark Office has issued a Notice of Allowance for the company's US patent application covering a system designed for autonomous, floating marine vehicle charging, titled “System and Method for Vehicle Charging.” The technology enables electric vessels, including uncrewed surface vehicles, to locate, dock with, and recharge from a floating platform while at sea.
- 06/26/2025
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Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging
- Ocean Power Technologies secures patent for offshore electric charging, enabling WAM-V®s to recharge at sea and support persistent autonomous operations.
- 06/26/2025
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Ocean Power Technologies names retired Navy captain Jason Weed as senior VP of commercial sales
- Ocean Power Technologies Inc (NYSE-A:OPTT) said on Wednesday it has appointed retired US Navy Captain Jason Weed as its new senior vice president of commercial sales. Weed, who brings over 15 years of executive-level experience in maritime and technology organizations, most recently served as a senior business developer at Leidos' Maritime Systems Division.
- 06/04/2025
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Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales
- MONROE TOWNSHIP, N.J., June 04, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and more productive ocean operations and related power, data, and service solutions, today announced the hiring of Jason Weed as Senior Vice President – Commercial Sales.
- 06/04/2025
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Zacks Initiates Coverage of Ocean Power With Neutral Recommendation
- Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates OPTT as "Neutral." Explore how its AI-driven maritime tech shows promise, but execution and financial risks linger.
- 05/30/2025
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Ocean Power Technologies recognized as AUVSI trusted operator
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has been named one of the initial certified operators under the Association for Uncrewed Vehicle Systems International (AUVSI) Trusted Uncrewed Maritime Systems (UMS) Operator Program. The certification program, developed by AUVSI in partnership with industry stakeholders, sets a standardized benchmark for training, proficiency, and safety in the operation of uncrewed maritime systems.
- 05/27/2025
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Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program
- Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions
- 05/27/2025
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Ocean Power Technologies expands year-round testing to both US coasts
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed its first sea trials of its WAV-V 22 autonomous surface vehicle for a customer with significant operations in Sub-Saharan Africa. The trials were conducted at Ocean Power Technologies' newly permitted test site in Southern New Jersey, following site visits and operational reviews by the US Coast Guard.
- 05/22/2025
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Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey
- Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast
- 05/22/2025
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Ocean Power Technologies to Participate in a Fireside Chat on Tuesday, May 6, 2025
- MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company's ongoing commitment to connecting with the investor community, it will participate in a fireside chat on Tuesday May 6, 2025, at 11 a.m. ET.
- 05/05/2025
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Ocean Power Technologies wins contract to deliver unmanned vehicles to Allied Forces
- Ocean Power Technologies Inc (NYSE-A:OPTT) said on Monday it has been awarded a contract to supply multiple unmanned surface vehicles to Allied Forces. The agreement, which includes the delivery of WAM-V vehicles, integrated sensors, and operational services under a contractor-owned, contractor-operated model, is scheduled for fulfillment in late spring 2025.
- 05/05/2025
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Ocean Power Technologies Awarded Contract to Provide Multiple Unmanned Surface Vehicles for International Defense Customer
- MONROE TOWNSHIP, N.J., May 05, 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 it has been awarded a contract for multiple WAM-V®s for delivery to certain Allied Forces.
- 05/05/2025
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Ocean Power Technologies ships Merrows-enabled PowerBuoy for defence demonstration
- Ocean Power Technologies Inc (NYSE-A:OPTT) has shipped a Merrows-capable PowerBuoy as part of a demonstration aimed at validating the system's survivability and suitability for defense and security applications, including surface and subsea monitoring. The shipment marks a key milestone following the company's teaming agreement signed last year with a major international defense contractor.
- 05/01/2025
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Ocean Power Technologies Ships AI-Capable Merrows™ PowerBuoy®
- MONROE TOWNSHIP, N.J., May 01, 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 it has shipped a Merrows™ capable PowerBuoy® to demonstrate the survivability and suitability of the system for certain defense and security applications, including surface and subsea monitoring.
- 05/01/2025
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Ocean Power Technologies ships autonomous WAM-V for extended offshore operations
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has shipped a Wave Adaptive Modular Vessel (WAM-V) 22' vessel equipped with autonomous capabilities designed for extended offshore surveys. The company said the vessel can operate continuously for multiple days without returning to base, supporting 24/7 payload operations.
- 04/30/2025
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Ocean Power Technologies Ships Multi-Day Capable WAM-V® for Indo-Pacific Operations
- Successfully demonstrates three days of continuous survey operations Successfully demonstrates three days of continuous survey operations
- 04/30/2025
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Ocean Power Technologies expands global reseller network - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) earlier this week discussed its recent global expansion strategy and operational resilience in an interview with Proactive. The company said it continues to pursue “responsible geographic expansions,” focusing on establishing partnerships with regional resellers and service providers.
- 04/18/2025
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Ocean Power Technologies wins new international government order for WAM-V system
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has secured a new contract with an international government client for the near-term delivery of a fully integrated Wave Adaptive Modular Vessel (WAM-V). The agreement marks another milestone in OPT's regional expansion strategy and highlights growing demand for its low-carbon marine power, data, and service solutions, the company said.
- 04/14/2025
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Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International Government Customer
- MONROE TOWNSHIP, N.J., April 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 it has secured a contract from a new international government customer for a fully integrated WAM-V for near term delivery.
- 04/14/2025
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Ocean Power Technologies partners with Elektron SAS to expand reach in Latin America
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced the signing of a strategic reseller agreement with Elektron SAS, a Colombia-based company specializing in hydrographic and oceanographic instrumentation. As part of the agreement, Elektron has committed to $4 million in purchases of OPT's intelligent maritime solutions, including its WAM-V USVs, PowerBuoy, and AI-driven Merrows platform.
- 04/11/2025
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Ocean Power Technologies Signs Strategic Reseller Agreement with Elektron SAS
- Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America
- 04/11/2025
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Ocean Power Technologies expands US reach through reseller deal with Grava Hydro
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has signed a reseller agreement with Grava Hydrographic Solutions, strengthening its US distribution network for its Wave Adaptive Modular Vessels (WAM-V) unmanned surface vehicles. Grava Hydro, a US-based expert in hydrographic and oceanographic equipment integration, will now support the availability, sales, and servicing of OPT's WAM-V platforms across the country.
- 04/10/2025
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Ocean Power Technologies Signs U.S. Reseller Agreement with Grava Hydrographic Solutions LLC
- Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States
- 04/10/2025
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Ocean Power Technologies says US-based supply chain shields it from global disruptions
- Ocean Power Technologies Inc (NYSE-A:OPTT) said on Monday it remains fully operational and does not expect any material impact from global supply chain disruptions, citing its majority domestic supply chain and US-based workforce. The New Jersey-based company, which develops ocean energy solutions for commercial and defense sectors, said its inventory levels and procurement processes remain stable despite international logistics constraints and raw material availability issues.
- 04/07/2025
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Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty
- Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage
- 04/07/2025
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Ocean Power Technologies secures new contract wins in US, Latin America - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about recent strategic developments for the maritime technology company, including new contract wins in the United States and Latin America. Proactive: Alright, welcome back inside our Proactive newsroom.
- 03/29/2025
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Ocean Power Technologies expands into new sector with Latin America WAM-V sale
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the sale of a Wave Adaptive Modular Vessel (WAM-V) to a Latin American customer for use in the onshore mining industry. This transaction marks a significant step in the company's expansion into new sectors, the company said on Tuesday.
- 03/25/2025
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Ocean Power Technologies Enters New Market with WAM-V® Sale for a Mining Deployment in Latin America
- MONROE TOWNSHIP, N.J., March 25, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “Company”) (NYSE American: OPTT), a leader in innovative maritime solutions, today announced the sale of a Wave Adaptive Modular Vessel (WAM-V®) to a new customer in Latin America, for an onshore mining industry application, marking a significant expansion into a new industry.
- 03/25/2025
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Ocean Power Technologies wins PowerBuoy contract for East Coast deployment
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has secured a contract to deliver a PowerBuoy for immediate deployment on the East Coast of the United States. The contract allows for the future integration of surface and subsea sensors, expanding the buoy's capabilities.
- 03/24/2025
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Ocean Power Technologies Awarded Contract for Delivery of AI Capable Buoy in the USA
- MONROE TOWNSHIP, N.J., March 24, 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 it has been awarded a contract for a PowerBuoy® for an immediate delivery in the USA.
- 03/24/2025
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Ocean Power Stock Falls on Wider Y/Y Loss in Q3, Lower Sales
- OPTT reports a wider Q3 loss on lower revenue. Its shares fall 22.7% post-earnings despite a record backlog and reduced cash burn.
- 03/21/2025
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Ocean Power Technologies backlog grows amid international expansion plans
- Ocean Power Technologies Inc (NYSE-A:OPTT) said it is sharpening its focus on defense and international expansion as it works to accelerate revenue growth in 2025. The company's backlog surged to $7.5 million, a significant increase from $3.3 million in the same period last year, primarily driven by new partnerships in Latin America, including a $2 million order for Next Generation PowerBuoys and $3 million in WAM-V purchases.
- 03/18/2025
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Ocean Power Technologies Announces Financial Results for Third Quarter Fiscal 2025
- Reports Record Backlog and Reduces Cash Used in Operating Activities by 59% Reports Record Backlog and Reduces Cash Used in Operating Activities by 59%
- 03/18/2025
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Ocean Power Technologies secures European contract for WAM-V system
- Ocean Power Technologies Inc (NYSE-A:OPTT) said on Thursday it has secured a contract with a new European offshore services provider for the near-term delivery of a fully integrated WAM-V system. The deal marks the company's expansion into the European Union, where it is working with end customers and resellers.
- 03/13/2025
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Ocean Power Technologies Secures Order for Fully Integrated WAM-V from a Major European Offshore Services Provider
- MONROE TOWNSHIP, N.J., March 13, 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 it has secured a contract from a new European Offshore Services Provider for a fully integrated WAM-V® for near term delivery.
- 03/13/2025
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Ocean Power Technologies to deploy PowerBuoy for maritime defense testing
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it received a binding letter of intent to deploy a PowerBuoy for an undisclosed customer to demonstrate the system's survivability and suitability for multidomain defense and security applications in extreme sea conditions. This follows a teaming agreement signed last year with a major international defense contractor to provide its Merrows suite of solutions in select regions.
- 03/12/2025
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Ocean Power Technologies Announces Binding Letter of Intent to Deploy AI-Capable PowerBuoy for a Major International Defense Contractor
- MONROE TOWNSHIP, N.J., March 12, 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 it received a binding letter of intent to deploy a PowerBuoy® for an undisclosed customer to demonstrate the survivability and suitability of the system for certain multidomain defense and security applications in extreme sea conditions.
- 03/12/2025
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Ocean Power Technologies showcases maritime defense solutions in UAE
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has demonstrated its defense and security solutions in Abu Dhabi during NAVDEX, a showcase of the latest maritime technologies, in collaboration with UAE-based Remah International Group (RIG). The demonstrations featured OPT's WAM-V Unmanned Surface Vehicles (USVs), which are equipped with underwater sensors and can integrate with aerial drones.
- 02/24/2025
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Ocean Power Technologies Announces Successful Defense and Security Demonstrations in UAE
- MONROE TOWNSHIP, N.J., Feb. 24, 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 it successfully demonstrated its defense and security capabilities during NAVDEX in Abu Dhabi with Remah International Group (“RIG”), a privately held and UAE headquartered company with a focus on both military and civilian services.
- 02/24/2025
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Ocean Power Technologies to showcase maritime solutions at NAVDEX
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it will demonstrate its WAM-V Unmanned Surface Vehicles (USVs) at NAVDEX in Abu Dhabi, in collaboration with its UAE-based partner, Remah International Group (RIG). This follows RIG's appointment as OPT's regional distributor for defense and security solutions in late 2024.
- 02/10/2025
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Ocean Power Technologies Announces Demonstration of WAM-V at NAVDEX
- MONROE TOWNSHIP, N.J., Feb. 10, 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 it will exhibit at NAVDEX in Abu Dhabi with Remah International Group (“RIG”), a privately held and UAE headquartered company with a focus on both military and civilian services.
- 02/10/2025
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Ocean Power Technologies secures $2M order for PowerBuoys
- Ocean Power Technologies Inc (NYSE-A:OPTT) it had secured an initial $2 million in purchase orders from Latin America for its Next Generation PowerBuoys. The PowerBuoys, which generate energy through a combination of wave, solar, and wind power, are designed for long-term deployment in coastal and deep ocean environments.
- 01/31/2025
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Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys® in Latin America
- Ocean Power Technologies secures $2M in Latin American orders for PowerBuoys®, expanding its global presence and advancing marine intelligence solutions.
- 01/31/2025
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Ocean Power Technologies hails multi-day autonomous vehicle demonstration
- Ocean Power Technologies Inc has announced a successful multi-day demonstration of its WAM-V autonomous maritime surface vehicle in California. Equipped with a complete seabed survey payload, the WAM-V 22 completed a major set of offshore exercises over several days without needing to return to base.
- 01/21/2025
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Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
- Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale
- 01/21/2025
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Ocean Power Technologies strengthens focus on US government projects with advisory board appointments
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the appointment of three new advisory board members that support its focus on advancing US government projects. It has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A "Digger" DiGuardo, and Rear Admiral Victorino "Vic" Mercado to its advisory board.
- 01/17/2025
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Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
- NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSE: OPTT) concerning the Company and its directors' and officers' possible violations of state laws. If you own Ocean Power Technologies stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New.
- 01/17/2025
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Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
- The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects
- 01/17/2025
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Ocean Power Technologies CEO reflects on strategic growth, cost efficiency, and technological innovations
- Ocean Power Technologies Inc (NYSE-A:OPTT), a leader in ocean intelligence solutions, is making significant strides in its mission to deliver innovative surveillance, monitoring, and data solutions for maritime environments. At a recent fireside chat with Water Tower Research, CEO Philipp Stratmann shared insights into the company's progress, emphasizing its operational evolution, cost efficiency, and expanding global footprint.
- 01/13/2025
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Ocean Power Technologies to Speak at The Microcap Conference 2025
- MONROE TOWNSHIP, NJ / ACCESSWIRE / January 9, 2025 / Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American:OPTT), is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.
- 01/09/2025
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Ocean Power Technologies CEO talks PowerBuoy deployment milestone - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) this week announced the deployment of their next-generation PowerBuoy system for the Naval Postgraduate School. CEO Philipp Stratmann joined Proactive to discuss the milestone.
- 12/28/2024
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Ocean Power Technologies nearing PowerBuoy deployment for Naval Postgraduate School
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed the final assembly of its AI-capable Merrows PowerBuoy for the Naval Postgraduate School (NPS). The provider of intelligent maritime solutions said the advanced system, which integrates AT&T 5G technology and subsea sensors, is designed for seamless integration with Maritime Domain Awareness platforms.
- 12/23/2024
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Ocean Power Technologies Readies Shipment of AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
- MONROE TOWNSHIP, N.J., Dec. 23, 2024 (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 it has finalized the main assembly of the previously announced PowerBuoy® for Naval Postgraduate School.
- 12/23/2024
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Ocean Power Technologies to Participate in a Fireside Chat on Thursday, December 19, 2024
- MONROE TOWNSHIP, N.J., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company's ongoing commitment to connecting with the investor community, it will participate in a fireside chat on Thursday, December 19, 2024, at 11:00 a.m. ET.
- 12/18/2024
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Ocean Power Technologies, Inc. (OPTT) Q2 2025 Earnings Call Transcript
- Ocean Power Technologies, Inc. (NYSE:OPTT ) Q2 2025 Earnings Call Transcript December 17, 2024 9:00 AM ET Company Participants Bob Powers - SVP and CFO Philipp Stratmann - President and CEO Conference Call Participants Shawn Severson - Water Tower Research Jeff Grampp - Alliance Global Partners Brian Gordon - Water Tower Research Operator Good morning, and welcome to the Ocean Power Technologies Second Quarter of Fiscal Year 2025 Earnings Conference Call. A webcast of this call is also available and can be accessed via a link on the company's website at www.oceanpowertechnologies.com.
- 12/17/2024
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Ocean Power Technologies reports increased revenue on strong demand for Q2
- Ocean Power Technologies Inc (NYSE-A:OPTT) has reported its financial results for the fiscal second quarter of 2025 marked by a 2.7x year-over-year increase in revenue to $2.4 million and a 46% reduction in its net loss to $3.9 million. The company reduced its operating expenses by 41% from the year-ago quarter.
- 12/16/2024
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Ocean Power Technologies Announces Financial Results for Second Quarter Fiscal 2025
- Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses
- 12/16/2024
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Ocean Power Technologies eyes profitability as military and commercial contracts heat up: analysts
- Ocean Power Technologies Inc (NYSE-A:OPTT) is expected to cap off a strong 2024 with reduced losses and commercial growth opportunities, according to analysts at Water Tower Research. The manufacturer of the Wave Adaptive Modular Vessel (WAV) recently stated its guidance of achieving profitability by the fourth quarter of 2025.
- 12/10/2024
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Ocean Power Technologies wins $3M in purchase commitment for WAM-V USVs in Latin America
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced a new partnership including $3 million of purchase order commitments for its WAM-V unmanned surface vehicles (USVs) over 36 months in Latin America. The provider of intelligent maritime solutions highlighted that this builds on a previous $1.5 million order, doubling the total commitments to $3 million in the region.
- 12/09/2024
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Ocean Power Technologies Secures $3 Million in Purchase Order Commitments for WAM-V USV's in Latin America
- MONROE TOWNSHIP, N.J., Dec. 09, 2024 (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 a new partnership, with $3M of purchase order commitments over 36 months in Latin America.
- 12/09/2024
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Ocean Power Technologies' operational efficiencies and strategic wins drive shareholder optimism
- Ocean Power Technologies Inc (NYSE-A:OPTT) has captured investor attention this week with the preliminary release of its fiscal second quarter financial results. Shares of the provider of intelligent maritime solutions have added 87% in the last five days, jumping to $0.38 per share from $0.20.
- 12/03/2024
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Ocean Power Technologies expects record revenue for the fiscal second quarter
- Ocean Power Technologies Inc (NYSE-A:OPTT) has released preliminary financial results for the second quarter of fiscal year 2025, ending October 31, 2024. These unaudited results are subject to change and will be finalized when the company files its complete financial report in mid-December.
- 12/02/2024
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Ocean Power Technologies Pre-Releases Preliminary Financial Results for Second Quarter Fiscal 2025
- Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses
- 12/02/2024
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Ocean Power Technologies secures major US Navy project - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) recently highlighted strategic advancements in its defense and offshore energy sectors. Earlier this week, CEO Philipp Stratmann told Proactive about progress on Project Overmatch, an initiative with the US Navy focused on multi-domain operations that deploy multiple unmanned surface vehicles.
- 11/02/2024
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Ocean Power Technologies gets follow-on order as major deliveries carried out
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced a follow-on order for its WAM-V 8 unmanned surface vehicle from a customer in the Latin America region. This comes after several major contractual milestones were completed in the region with deliveries of a WAM-V 16 and WAM-V 22, Ocean Power Technologies said on Thursday.
- 10/31/2024
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Ocean Power Technologies Secures Follow-On Order for WAM-V 8 and Delivers WAM-V 16 and WAM-V 22 to Latin America
- MONROE TOWNSHIP, N.J., Oct. 31, 2024 (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 it has completed several major contractual milestones and delivered new unmanned surface vehicles, a WAM-V 16 and a WAM-V 22, to previously announced survey customers in Latin America.
- 10/31/2024
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Ocean Power Technologies demonstrates defense capabilities with completion of Project Overmatch milestone
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed a major milestone for the Naval Information Warfare Center Pacific's Project Overmatch. The provider of intelligent maritime solutions said it has completed the second set of services of the previously announced follow-on contract as a subcontractor to EpiSci, resulting in immediate revenue recognition.
- 10/28/2024
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Ocean Power Technologies Completes Major Milestone for Naval Information Warfare Center Pacific's Project Overmatch
- MONROE TOWNSHIP, N.J., Oct. 28, 2024 (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 completed the second set of exercises of the previously announced follow-on contract as a subcontractor to EpiSci and successfully deployed several of its WAM-V autonomous surface vehicles during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.
- 10/28/2024
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Ocean Power Technologies taps Remah International Group as UAE distributor
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has appointed Remah International Group as its distributor in the UAE, marking a significant development in the company's expansion within the Middle East's defense and security sector. The agreement enables collaboration between the two companies to promote, sell, and service OPT's range of solutions, including WAM-V Unmanned Surface Vehicles, the Next Generation Powerbuoy, and AI-enabled Merrows.
- 10/21/2024
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Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE
- Paradigm Shifting Development in OPT's Expansion of its Defense and Security Business in the Middle East Paradigm Shifting Development in OPT's Expansion of its Defense and Security Business in the Middle East
- 10/21/2024
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Ocean Power Technologies to showcase autonomous vehicle at Abu Dhabi event
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced the shipment of a WAM-V Unmanned Surface Vehicle (USV) to the United Arab Emirates (UAE). This move follows the company's partnership with Unique Group, a UAE-based provider of offshore services and equipment.
- 10/16/2024
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Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group
- MONROE TOWNSHIP, N.J., Oct. 16, 2024 (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 it has shipped a WAM-V Unmanned Surface Vehicle (“USV”) to the UAE.
- 10/16/2024
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Ocean Power Technologies expands in Middle East
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it has entered into a service partnership with 3B General Trading & Contracting to explore offshore energy and maritime industry projects in Kuwait. The agreement will involve deploying the company's WAM-V autonomous and unmanned surface vehicles and its Next Generation PowerBuoys equipped with AI-powered Merrows technology.
- 10/14/2024
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Ocean Power Technologies Appoints Authorized Service Partner in Kuwait for PowerBuoys® and WAM-Vs®
- MONROE TOWNSHIP, N.J., Oct. 14, 2024 (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 it has signed an agreement with 3B General Trading & Contracting Co. W.L.L.
- 10/14/2024
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Ocean Power Technologies to Present at the MicroCap Rodeo Fall Conference in New York City on October 16th, 2024
- MONROE TOWNSHIP, N.J., Oct. 11, 2024 (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 will be participating in the MicroCap Rodeo Fall Conference, which will be held on Wednesday, October 16th, 2024, in New York City.
- 10/11/2024
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Ocean Power Technologies Confirms Shipment of AI capable Merrows™ PowerBuoy® for the Middle East
- MONROE TOWNSHIP, N.J., Oct. 07, 2024 (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 it has received customer confirmation to ship to a customer in the Middle East the previously announced shipment ready AI capable Merrows™ PowerBuoy®.
- 10/07/2024
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Ocean Power Technologies secures $1.1M award from New Jersey NOL program
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has received a $1.1 million preliminary award from the New Jersey Economic Development Authority Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) Program. This program allows technology and life sciences companies in New Jersey to sell a portion of their state net operating losses and unused research and development (R&D) tax credits to unrelated profitable businesses in exchange for cash.
- 10/02/2024
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Ocean Power Technologies Announces $1.1 Million Preliminary Award from the New Jersey Economic Development Authority (NJEDA) Technology Business Tax Certificate Transfer Program
- MONROE TOWNSHIP, N.J., Oct. 02, 2024 (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 it has been notified of a $1.1 million preliminary award under the New Jersey Economic Development Authority (NJEDA) 2024 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) Program.
- 10/02/2024
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Ocean Power Technologies ships WAM-Vs to US government
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has shipped multiple of its unmanned surface vehicles (WAM-Vs) to a Department of the US Government as part of a previously disclosed sole source contract. The provider of intelligent maritime solutions said the delivery of the vehicles will lead to revenue recognition.
- 09/27/2024
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Ocean Power Technologies Ships Multiple Unmanned Surface Vehicles to US Government
- MONROE TOWNSHIP, N.J., Sept. 27, 2024 (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 it has shipped for prompt delivery multiple WAM-Vs on a previously announced sole source contract to a Department of the US Government.
- 09/27/2024
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Ocean Power Technologies signs MOU with SENAI to explore blue economy opportunities in Brazil
- Ocean Power Technologies Inc (NYSE-A:OPTT) said it has signed a Memorandum of Understanding (MOU) with Brazil's Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan). SENAI is a Brazilian organization that provides technical education and training for the industrial sector.
- 09/25/2024
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Ocean Power Technologies Signs Agreement with Serviço Nacional de Aprendizagem Industrial to Advance Autonomous Ocean Developments
- MONROE TOWNSHIP, N.J., Sept. 25, 2024 (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 it has signed a Memorandum of Understanding (MOU) with Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil to explore collaborating together toward Blue Economy opportunities including deployment of WAM-V® autonomous and unmanned surface vehicles and Next Generation PowerBuoys® equipped with AI capable Merrows™.
- 09/25/2024
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Ocean Power Technologies, Inc. (OPTT) Q1 2025 Earnings Call Transcript
- Ocean Power Technologies, Inc. (NYSE:OPTT ) Q1 2025 Earnings Conference Call September 17, 2024 9:00 AM ET Company Participants Robert Powers - Senior Vice President and Chief Financial Officer Philipp Stratmann - President and Chief Executive Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Shawn Severson - Water Tower Research Operator Greetings and welcome to the Ocean Power Technologies Fiscal Year 2025 Q1 Earnings Conference Call. At this time all participants are in a listen-only mode.
- 09/17/2024
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Ocean Power Technologies expands pipeline, progresses towards profitability during fiscal Q1
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it made significant further progress towards achieving profitability during the fiscal first quarter of 2025, notably decreasing its operating expenses, reducing its operating loss, and lowering cash burn. The provider of intelligent maritime solutions said it reduced its operating expenses by 39% year-over-year to $4.9 million, attributed to its restricting and streamlining efforts.
- 09/17/2024
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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
- 09/16/2024
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Ocean Power Technologies wins $1M follow-on contract after navy project success
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has secured a $1 million follow-on contract as a subcontractor to EpiSci following the successful demonstration of its autonomous surface vehicle technologies in the U.S. Navy's Mission Autonomy Proving Grounds (MAPG) under Project Overmatch.
- 09/12/2024
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Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific's Project Overmatch' Mission Autonomy Proving Grounds
- MONROE TOWNSHIP, N.J., Sept. 12, 2024 (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 been awarded a follow-on contract valued at $1M as a subcontractor to EpiSci after the successful 12 month demonstration of its autonomous surface vehicle technologies during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch.
- 09/12/2024
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Ocean Power Market to hit $3.98 billion, Globally, by 2031 at 19.5% CAGR, says Coherent Market Insights
- The Ocean Power market is estimated to be valued at US$ 1.14 Bn in 2024 and is expected to exhibit a CAGR of 19.5% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Companies covered: AWS Ocean Energy, CalWave, Ocean Harvesting, CorPower Ocean, Applied Technologies Company Ltd., Aqua-Magnetics Inc., Atargis Energy Corporation, Able Technologies L.L.C., Alba tern Ltd, Aquagen Technologies, Aqua-Magnetics Inc, Biopower Systems Pty Ltd., Blue Energy Canada Inc., Carnegie Clean Energy Limited, Minesto AB, Nova Innovation Ltd., Mocean Energy, Andritz Hydro Hammerfest, Ocean Renewable Power Company LLC, and Tenax Energy The Ocean Power market is estimated to be valued at US$ 1.14 Bn in 2024 and is expected to exhibit a CAGR of 19.5% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Companies covered: AWS Ocean Energy, CalWave, Ocean Harvesting, CorPower Ocean, Applied Technologies Company Ltd., Aqua-Magnetics Inc., Atargis Energy Corporation, Able Technologies L.L.C., Alba tern Ltd, Aquagen Technologies, Aqua-Magnetics Inc, Biopower Systems Pty Ltd., Blue Energy Canada Inc., Carnegie Clean Energy Limited, Minesto AB, Nova Innovation Ltd., Mocean Energy, Andritz Hydro Hammerfest, Ocean Renewable Power Company LLC, and Tenax Energy
- 09/11/2024
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Ocean Power Technologies completes AI-capable Merrow PowerBuoy
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it has achieved a key milestone with the completion of its AI-capable Merrows™ PowerBuoy. The system, which is designed for solar and wind-powered operation, is ready for delivery to a customer in the Middle East.
- 09/10/2024
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Ocean Power Technologies completes unmanned surface vehicle for Latin America customer
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed the build of an unmanned surface vehicle for a survey customer in Latin America. The provider of intelligent maritime solutions said the delivery of this vehicle of part of its previously announced expansion into the region, working with end customers and resellers.
- 09/09/2024
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Ocean Power Technologies Completes New WAM-V for Immediate Delivery to Latin America
- MONROE TOWNSHIP, N.J., Sept. 09, 2024 (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 it has achieved a major contractual milestone and completed the build of a new unmanned surface vehicle for delivery to a survey customer in Latin America.
- 09/09/2024
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Ocean Power Technologies wraps up long-term PowerBuoy deployment off New Jersey coast
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed more than four months of offshore testing of its Next Generation PowerBuoy in the Atlantic Ocean off New Jersey. The PowerBuoy is solar and wind power capable and equipped with the company's proprietary AI-enabled ocean intelligence platform Merrows.
- 09/05/2024
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Ocean Power Technologies secures new contract with Naval Postgraduate School to enhance maritime awareness
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has secured another contract from the Naval Postgraduate School (NPS) in Monterey, California. This revenue-generating contract builds on a previous collaboration that integrated AT&T 5G technology into OPT's PowerBuoy.
- 09/03/2024
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Ocean Power Technologies CEO recaps busy summer of milestone achievements - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Phillip Stratmann joined Proactive to discuss the provider of intelligent maritime solutions and services' recent global expansion and other developments. He highlighted the company's ongoing projects in key regions such as the Middle East and Latin America, where demand for their advanced buoy systems and autonomous vehicles continues to grow.
- 08/31/2024
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Ocean Power Technologies to Report Fiscal 2025 First Quarter Results on September 16, 2024
- MONROE TOWNSHIP, N.J., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2025 first quarter results for the period ended July 31, 2024 after the market closes on Monday September 16, 2024.
- 08/21/2024
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Ocean Power Technologies expands global footprint with new reseller agreements
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has signed four new reseller agreements for its intelligent maritime solutions which will support global critical services. The company said the agreements include opportunities for partnering with allied nations in areas such as the South China Sea and previously announced efforts to serve commercial markets in Latin America and the Middle East.
- 08/12/2024
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Ocean Power Technologies Continues Global Expansion with Signing of Strategic Reseller Agreements in All Key Continents
- MONROE TOWNSHIP, N.J., Aug. 12, 2024 (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, is pleased to announce the signing of the latest of four new reseller agreements targeted at supporting global critical services.
- 08/12/2024
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Ocean Power Technologies Issues Stockholder Vote and Meeting Reminder
- MONROE TOWNSHIP, N.J., Aug. 02, 2024 (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 reminds stockholders that a Special Meeting of the Stockholders of OPT will be held at 9 a.m. Eastern time on August 30, 2024, in virtual format only at www.cesonlineservices.com/optt24_vm, for the purpose of voting on proposals to (i) approve an amendment to OPT's Certificate of Incorporation to increase the number of authorized shares of common stock, par value $.001 per share, from 100,000,000 to 200,000,000, and (ii) approve an adjournment of the Special Meeting from time to time, if necessary or appropriate (as determined in good faith by the Board or a committee thereof), to solicit additional proxies if there are not sufficient votes in favor of the charter amendment proposal.
- 08/02/2024
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Ocean Power Technologies files patent for docking and recharging buoy technology
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has filed a patent for its docking and recharging buoy technology specifically designed for its Wave Adaptive Modular Vessel (WAM-V) Unmanned Surface Vehicle (USV). The provider of intelligent maritime solutions said its system has already been demonstrated successfully and has the potential to revolutionize the operational efficiency of autonomous marine vessels.
- 08/01/2024
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Ocean Power Technologies Announces Patent Pending on Innovative Docking and Recharging Buoy Technology
- MONROE TOWNSHIP, N.J., Aug. 01, 2024 (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 the filing of a patent pending for its groundbreaking docking and recharging buoy technology, specifically designed for the Wave Adaptive Modular Vessel (WAM-V) Unmanned Surface Vehicle (USV). This advanced system has already been successfully demonstrated, showcasing its potential to revolutionize the operational efficiency of autonomous marine vessels.
- 08/01/2024
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Ocean Power Technologies inks reseller agreement with Geos Telecom
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has signed a reseller agreement with Geos Telecom, a maritime communication and navigation solutions provider based in Costa Rica. The deal includes the immediate sale of a Wave Adaptive Modular Vessel (WAM-V), the company said.
- 07/30/2024
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Paragon Technologies Recommends Ocean Power Shareholders Vote AGAINST the Company's Plan to Increase Its Authorized Shares and Hold the Board Accountable for Its Wasteful Spending That Leads to Increasing Losses
- EASTON, PA / ACCESSWIRE / July 26, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and a large shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), issues the following statement to OPT shareholders: On July 5, OPT filed a proxy statement calling for a special meeting of shareholders on August 30, 2024, asking shareholders to approve increasing the Company's authorized shares to 200 million, up from 100 million. On July 25, 2025, OPT announced Fiscal 2024 financial results revealing that it lost $27.4 million in fiscal 2024 versus $26.3 million in fiscal 2023.
- 07/26/2024
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Ocean Power Technologies doubles revenues in ‘landmark' fiscal 2024
- Ocean Power Technologies Inc (NYSE-A:OPTT) has reported significant year-over-year improvements in revenue and profits for fiscal 2024. For the year ended April 30, 2024, the provider of intelligent maritime solutions saw its revenue increase by 102% to $5.5 million from $2.7 million in fiscal 2023.
- 07/26/2024
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Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Results
- MONROE TOWNSHIP, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q24”) and full-year ended April 30, 2024 (“FY24”).
- 07/25/2024
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Ocean Power Technologies makes waves with key maritime domain awareness solution contract - ICYMI
- Ocean Power Technologies Inc (NYSE-A:OPTT) is seeing continued strong demand for its AI-powered Maritime Domain Awareness Solution Merrows, this week announcing it has won a contract for the delivery of a PowerBuoy equipped with the technology in the Middle East. CEO Philip Stratmann told Proactive in an interview that the announcement builds on its earlier announcement it was selected as a preferred supplier for its Merrows-equipped buoys in the region.
- 07/19/2024
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3 Ocean Tech Stocks Making Waves in Blue Economy
- The blue economy is on the rise, which makes investing in ocean tech stocks more appealing over time. Ocean tech stocks are companies creating products and solutions tied to the oceans regarding energy, water treatment and marine discovery.
- 07/19/2024
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Ocean Power Technologies lands new contract in Middle East
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it has won a contract in the Middle East for the delivery of a PowerBuoy equipped with Merrows – the company's AI-capable Maritime Domain Awareness Solution. The contract is expected to generate revenues in the current quarter, although specific details remain confidential between the parties.
- 07/15/2024
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Ocean Power Technologies to Report fiscal 2024 Fourth Quarter Results on July 25th, 2024
- MONROE TOWNSHIP, N.J., July 12, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2024 fourth quarter results for the period ended April 30, 2024 after the market closes on Thursday July 25, 2024.
- 07/12/2024
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Ocean Power Technologies to Participate in Fireside Chat with Water Tower Research on July 17, 2024
- OPT to Discuss Investing in Growth and Commercialization Opportunities OPT to Discuss Investing in Growth and Commercialization Opportunities
- 07/11/2024
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Ocean Power Technologies and AltaSea forge partnership to advance sustainable ocean initiatives
- Ocean Power Technologies Inc (NYSE-A:OPTT) has entered into a Memorandum of Understanding (MOU) with AltaSea at the Port of Los Angeles to explore opportunities in the ‘Blue Economy.' The "Blue Economy" refers to sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystems.
- 07/09/2024
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Ocean Power Technologies teams up with AltaSea in Los Angeles
- Ocean Power Technologies Inc (NYSE-A:OPTT) has entered into a memorandum of understanding (MOU) with AltaSea, an ocean technology campus at the Port of Los Angeles. The partnership aims to explore opportunities within the ‘Blue Economy', focusing on supporting companies that develop and deploy marine energy technologies.
- 07/09/2024
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Ocean Power Technologies Signs Agreement with AltaSea to Advance Wave Power Projects
- MONROE TOWNSHIP, N.J., July 09, 2024 (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 it has signed a Memorandum of Understanding (MOU) with AltaSea at the Port of Los Angeles (AltaSea).
- 07/09/2024
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Ocean Power Technologies shares gain following team up with SES
- Ocean Power Technologies Inc (NYSE-A:OPTT) has inked a reseller agreement with Survey Equipment Services Inc (SES), a specialist in the supply of marine survey and navigation equipment. It will see OPT supply to SES its unmanned surface vehicles (USV), branded as ‘WAM-Vs', for distribution in the United States.
- 07/08/2024
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Ocean Power Technologies teams up with SES to accelerate revenue growth
- Ocean Power Technologies Inc (NYSE-A:OPTT) has inked a reseller agreement with Survey Equipment Services Inc (SES), a specialist in the supply of marine survey and navigation equipment. It will see OPT supply to SES its unmanned surface vehicles (USV), branded as ‘WAM-Vs', for distribution in the United States.
- 07/08/2024
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Ocean Power Technologies Signs Reseller Agreement with Survey Equipment Services for the USA
- MONROE TOWNSHIP, N.J., July 08, 2024 (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, is pleased to announce the signing of a reseller agreement with Survey Equipment Services, Inc. (“SES”) a specialist in the supply of Marine Survey and Navigation equipment.
- 07/08/2024
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Reading Penny Stocks Financial Statements, 3 Tips
- Investing in penny stocks can be a lucrative venture for those who understand how to navigate financial statements effectively. Penny stocks, often priced under $5 per share, provide opportunities for significant returns on investment, but they require careful analysis and a strategic approach to financial statements.
- 07/03/2024
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Why Is Ocean Power (OPTT) Stock Up 80% Today?
- Maritime solutions and services provider Ocean Power (NYSEMKT: OPTT ) – which does business as OPT – announced a partnership with Unique Group. Based in the United Arab Emirates (UAE), Unique is a global innovator in subsea technologies and engineering but delivers products and services for several industries.
- 07/02/2024
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Ocean Power Technologies shares soar on Unique Group partnership
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has partnered with Unique Group to deploy its WAM-V Unmanned Surface Vehicles (USVs) in the Middle East. Investors welcomed the news, sending shares of OPT about 60% higher to US$0.45 in early trade on Tuesday.
- 07/02/2024
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Ocean Power Technologies CEO discusses new US government contract, growth strategy - ICYMI
- It's been a significant week for intelligent maritime solutions and services provider Ocean Power Technologies Inc (NYSE-A:OPTT). It announced the signing of an Original Equipment Manufacturer (OEM) agreement with Teledyne Marine, a division of maritime technology provider Teledyne Technologies, which is set to enhance its product offerings and drive innovation.
- 06/29/2024
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Ocean Power Technologies and Teledyne Marine partner to drive maritime innovation
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced the signing of an Original Equipment Manufacturer (OEM) agreement with Teledyne Marine, a division of maritime technology provider Teledyne Technologies. The provider of intelligent maritime solutions and services said the strategic partnership seeks to enhance its product offerings and drive innovation within the industry, providing customers with a turnkey system.
- 06/28/2024
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Ocean Power Technologies Signs OEM Agreement with Key Maritime Technology Provider Teledyne Marine
- OPT signs OEM deal with Teledyne Marine to expand AI sensor capabilities and drive innovation in marine technology. Enhancing product offerings and growth.
- 06/27/2024
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Why Is Ocean Power Technologies (OPTT) Stock Up 60% Today?
- Proprietary power platform Ocean Power Technologies (NYSEMKT: OPTT ) — one of the few specialists in wave power or harnessing the natural oscillations of the ocean for conversion into usable power — saw its shares soar on Wednesday. A U.S. government contract effectively provided a much-needed credibility boost for OPTT stock, which previously struggled badly.
- 06/26/2024
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Ocean Power stock soars after WAM-V deal with the US government
- Ocean Power Technologies Inc (NYSE: OPTT) witnessed a remarkable surge of 70% on Wednesday following its announcement of a preliminary deal. The company revealed its success in securing a sole source contract award for multiple WAM-Vs, which are set to be delivered to a department of the US Government.
- 06/26/2024
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Ocean Power Technologies unveils contract to deliver multiple WAM-Vs to US government department
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has reached an agreement in principle on a sole source contract award for multiple WAM-Vs for delivery to a US government department. Shares of OPT surged premarket on the announcement, adding more than 30% shortly before US markets opened on Wednesday.
- 06/26/2024
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Ocean Power Technologies named preferred supplier for Merrow buoy in the Middle East
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has been selected as preferred supplier for a PowerBuoy equipped with its AI-Maritime Domain Awareness Solutions Merrows for immediate delivery for an opportunity in the Middle East. The provider of intelligent maritime solutions and services said the contract, once finalized, will generate revenues in the current quarter.
- 06/24/2024
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Ocean Power Technologies expands services with new 24/7 global support offering
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the launch of its Global 24/7 Service Support which will offer its customers round-the-clock support. The provider of intelligent maritime solutions and services said the new offering will allow its customers to access 24/7 support to maintain their operations around the globe.
- 06/17/2024
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Ocean Power Technologies Launches Global 24/7 Service Support Offering
- MONROE TOWNSHIP, N.J., June 17, 2024 (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 it has launched its Global 24/7 Service Support (“Services”).
- 06/17/2024
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Ocean Power Technologies delivers first unmanned surface vehicles to Sulmara
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it had delivered the first set of new unmanned surface vehicles (USVs) to Sulmara, as part of a previously announced $1.6 million contract. The delivery triggers the commencement of lease payments, OPT said in a statement.
- 06/11/2024
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Ocean Power Fails to Engage in Good Faith with Paragon Creating Going Concern Issues and Risk for the Company and Its Shareholders
- EASTON, PA / ACCESSWIRE / June 7, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and a large shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), issues the following statement. On April 28th Paragon announced its willingness to consider investing up to $3 million in non-dilutive preferred equity in OPT.
- 06/07/2024
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Ocean Power Technologies wins contract for unmanned surface vehicle with offshore construction contractor
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has been awarded a contract for the immediate delivery of a Wave Adaptive Modular Vessel (WAM-V) to an offshore construction contractor. The provider of intelligent maritime solutions and services said the vehicle will provide survey services for an offshore dredging project in Sub-Saharan Africa.
- 06/05/2024
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Ocean Power Technologies Awarded Contract for Immediate Delivery of Unmanned Surface Vehicle to Offshore Construction Contractor
- MONROE TOWNSHIP, N.J., June 05, 2024 (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 it has been awarded a contract for a WAM-V for immediate delivery to an Offshore Construction Contractor.
- 06/05/2024
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Ocean Power Technologies CEO talks unmanned surface vehicle demonstration milestone
- Ocean Power Technologies Inc (NYSE-A:OPTT) recently completed a demonstration of several simultaneously deployed Wave Adaptive Modular Vehicles (WAM-Vs) for a department of the US Government. In addition to triggering immediate revenue, the demonstration showcased the capabilities of the company's technology to both current and future customers.
- 05/30/2024
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Ocean Power Technologies ready to deploy AI solution in hot climates
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the completion of engineering for its Merrows solution to be deployed in hot climates. The company noted that Merrows, an artificial intelligence-powered Maritime Domain Awareness Solution, has integrated lessons from current and previous deployments, including in Bahrain.
- 05/30/2024
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Ocean Power Technologies achieves major milestone with WAM-Vs deployment for government department
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced it concluded the operation of several simultaneously deployed Wave Adaptive Modular Vehicles (WAM-Vs) for a Department of the US Government, a major contractual milestone with immediate revenue recognition. The provider of innovative and cost-effective low-carbon marine power, data, and service solutions said this milestone builds on other recent multi-system deliveries and contract awards.
- 05/28/2024
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Ocean Power Technologies Completes Operation with Multiple Unmanned Surface Vehicles for US Government
- MONROE TOWNSHIP, N.J., May 28, 2024 (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 it has completed a major contractual milestone and concluded operation of several simultaneously deployed WAM-Vs for a Department of the US Government.
- 05/28/2024
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Ocean Power Technologies displays unmanned underwater vessel capability
- Ocean Power Technologies Inc (NYSE-A:OPTT) has successfully publicly demonstrated capabilities of its counter-unmanned underwater vehicle. Ocean Power said on Tuesday it had showcased the vehicle at events held by the Navy League and Association for Uncrewed Vehicle Systems International.
- 05/14/2024
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Ocean Power Technologies Successfully Demonstrates Counter Unmanned Underwater Vehicle Capability
- Results of Successful Demonstrations will be presented at the International Mine Warfare Technology Symposium Results of Successful Demonstrations will be presented at the International Mine Warfare Technology Symposium
- 05/14/2024
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Ocean Power Technologies celebrates renewable energy production milestone
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it is nearing 15MWh of renewable energy production from its family of PowerBuoys, its marine power stations that harvest energy from waves. The provider of intelligent maritime solutions and services said that the recent launch of its Next Generation PowerBuoy off the coast of New Jersey has accelerated its average energy production by combining solar, wind, and wave energy capabilities.
- 05/13/2024
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Ocean Power Technologies Announces Renewable Energy Production Milestone
- MONROE TOWNSHIP, N.J., May 13, 2024 (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 it is approaching 15MWh of renewable energy production from its family of PowerBuoys ® (“PB”).
- 05/13/2024
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Ocean Power Technologies a founding member of new robotics and autonomous systems consortium
- Ocean Power Technologies Inc (NYSE-A:OPTT) is a founding member of a new consortium led by drone maker Red Cat which aims to address critical technology gaps for warfighters. Launched on Monday, the Red Cat Futures Initiative (RFI) is a consortium of robotics and autonomous systems partners committed to providing warfighters with the most advanced and interoperable uncrewed aircraft systems.
- 05/07/2024
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Ocean Power Technologies conducts customer demonstrations of maritime domain awareness solution Merrows
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed several offshore demonstrations of its artificial intelligence-capable maritime domain awareness solution Merrows for potential customers. The intelligent maritime solutions and services provider said the demonstrations were conducted using the recently deployed Next Generation PowerBuoy in the North Atlantic Ocean.
- 05/06/2024
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Ocean Power Technologies Successfully Demonstrates Advanced AI Solutions in the North Atlantic
- Completes Several Customer Field Demonstrations in Support of Sales Activities Completes Several Customer Field Demonstrations in Support of Sales Activities
- 05/06/2024
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Ocean Power Technologies awarded multi-year ProTech IDIQ contract
- Ocean Power Technologies Inc (NYSE-A:OPTT) has been selected as part of a team awarded the National Oceanic and Atmospheric Administration (NOAA)'s ProTech Oceans Domain Indefinite Delivery Indefinite Quantity (IDIQ) contract. Under the contract, Ocean Power will provide its innovative PowerBuoy systems and WAM-V autonomous surface vessels to assist NOAA's research and operations.
- 04/30/2024
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Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract
- MONROE TOWNSHIP, N.J., April 30, 2024 (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 its selection as part of a team awarded the National Oceanic and Atmospheric Administration's (NOAA) Professional, Scientific, and Technical Services (ProTech) Oceans Domain Indefinite Delivery Indefinite Quantity (IDIQ) contract.
- 04/30/2024
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Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive Compensation
- Paragon Commits Up to $3 Million in Non-Dilutive Preferred Equity of OPT to Save the Company from Insolvency and Future Shareholder Losses. EASTON, PA / ACCESSWIRE / April 22, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and the largest shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), calls on OPT to immediately cease any future dilutive equity issuance and instead engage with Paragon to save OPT shareholders from a total loss and the company from permanent financial ruin.
- 04/22/2024
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Ocean Power Technologies to present at NATO Digital Ocean Industry Symposium
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that its chief commercial officer Matt Burdyny will be presenting at the Digital Ocean Industry Symposium on April 17 being held at the NATO Headquarters in Brussels, Belgium. The company, a leader in innovative marine power, data, and service solutions, highlighted that the NATO Digital Ocean Industry Symposium brings together key NATO stakeholders and industry leaders to explore emerging and disruptive technologies which could enhance Maritime Situational Awareness.
- 04/17/2024
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Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium
- MONROE TOWNSHIP, N.J., April 17, 2024 (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 Chief Commercial Officer, Matt Burdyny, will be presenting at the NATO Digital Ocean Industry Symposium on April 17th, at NATO Headquarters in Brussels, Belgium.
- 04/17/2024
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Ocean Power Technologies teams up with major defense contractor
- Ocean Power Technologies Inc (NYSE-A:OPTT) has signed a teaming agreement with a major international defense contractor. The marine power and services specialist, in a statement, told investors that the new deal envisages the deployment of its Maritime Domain Awareness Solution (MDAS) across specific international regions.
- 04/16/2024
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Ocean Power Technologies Announces Teaming Agreement with Major International Defense Contractor to Deploy Maritime Domain Awareness Solutions
- MONROE TOWNSHIP, N.J., April 16, 2024 (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 it has signed a teaming agreement with a major international defense contractor to provide its Merrows suite of solutions with a focus on certain geographic regions. This alliance is set to advance maritime domain awareness through OPT's innovative Maritime Domain Awareness Solution (MDAS).
- 04/16/2024
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Paragon Technologies Files Complaint Alleging Ocean Power Technologies Failed to Achieve a Legitimate Quorum at its Annual Meeting of Shareholders
- EASTON, PA / ACCESSWIRE / April 12, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and the largest shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), yesterday filed a complaint in the Delaware Court of Chancery alleging OPT failed to achieve a quorum at its 2023 Annual Meeting of Stockholders held on February 28, 2024. "After postponing its annual meeting twice for failing to achieve a quorum, OPT filed notice with the Securities and Exchange Commission on March 2 announcing its claimed annual meeting results," notes Sham Gad, Chairman of Paragon.
- 04/12/2024
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Ocean Power Technologies partners with Red Cat to enhance its maritime platforms
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced that it has entered into a strategic partnership with drone technology firm Red Cat Holdings. The company said that through the partnership, its PowerBuoy and WAM-V maritime platforms will be integrated with Red Cat's Teal 2 Drones with the goal of providing real-time and actionable intelligence regarding maritime threats.
- 04/08/2024
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Ocean Power Technologies Announces Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions
- Strengthening Maritime Security: Ocean Power Technologies Integrates Red Cat's Aerial Drones for Cutting-Edge Intelligence, Surveillance, and Reconnaissance Capabilities Strengthening Maritime Security: Ocean Power Technologies Integrates Red Cat's Aerial Drones for Cutting-Edge Intelligence, Surveillance, and Reconnaissance Capabilities
- 04/08/2024
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Ocean Power Technologies unveils new Maritime Domain Awareness solution Merrows
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has announced the launch of a new Maritime Domain Awareness solution Merrows. The New Jersey-based provider of intelligence maritime solutions and services said Merrows is its consolidated solution offering comprehensive ocean surveillance.
- 04/02/2024
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Ocean Power Technologies rides demand wave for autonomous maritime solutions in Latin America
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) is benefitting from increased demand for autonomous vehicles for maritime applications from enterprises operating in Latin America. Last month, the company secured $1.25 million in orders from multiple clients in the region for its Wave Adaptive Modular Vessel (WAM-V) uncrewed surface vehicles (USVs), which have a range of maritime applications including data gathering, security surveillance, and environmental oversight.
- 03/29/2024
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Ocean Power Technologies wins $1.5M of orders for WAM-V maritime solution
- Ocean Power Technologies Inc (NYSE-A:OPTT) announced that a customer engaged in the offshore energy service industry in Latin America has placed orders for multiple Wave Adaptive Modular Vessel (WAM-V) uncrewed surface vehicles (USVs) totalling $1.5 million. The provider of intelligent maritime solutions and services said the WAM-Vs will be used in hydrographic applications.
- 03/26/2024
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Ocean Power Technologies charts course to profitability with funding injection and order wins
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) is on track to achieve profitability having secured funding and new orders for its intelligent maritime solutions, analysts at Water Tower Research have highlighted following the release of OPT's fiscal third quarter earnings report. The analysts highlighted that in January 2024, OPT received approximately $1.2 million through the New Jersey Economic Development Authority's program, which allows companies to sell unused tax credits to generate cash.
- 03/19/2024
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Ocean Power Technologies achieves record revenue growth, enhanced margins in fiscal Q3
- Ocean Power Technologies Inc (NYSE-A:OPTT) reported significant revenue growth and improved gross profit margins during its fiscal third quarter, primarily driven by increased sales of WAM-V autonomous vehicles, contract revenue from the Department of Energy, and strategic consulting services. For the quarter ended January 31, 2024, revenue grew to $1.8 million compared to $0.7 million in 3Q23, while gross profit also improved to $0.8 million from $0.1 million in the same year-ago quarter.
- 03/13/2024
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Ocean Power Technologies to Report fiscal 2024 Third Quarter Results on March 13, 2024
- MONROE TOWNSHIP, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2024 third quarter for the period ended January 31, 2024, results after the market closes on Wednesday March 13, 2024.
- 02/21/2024
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Ocean Power Technologies wins $1.25M in orders amid global push for autonomous maritime solutions
- As government and commercial entities alike seek out increased autonomy in their ocean operations, Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) is seeing significant interest in its maritime solutions and services. This week the company announced that it has received more than $1.25 million in orders for its fully integrated Wave Adaptive Modular Vessel (WAM-V) Unmanned Surface Vehicles from clients in Latin America in addition to securing funding from the Naval Postgraduate School in Monterey, California, for the deployment of one of its PowerBuoy's integrated with AT&T's 5G technology in Monterey Bay.
- 02/16/2024
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Ocean Power Technologies secures funding for PowerBuoy deployment in Monterey Bay, California
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced that it has received funding from the Naval Postgraduate School in Monterey, California, for the year-long deployment of a PowerBuoy in Monterey Bay. The company said its PowerBuoy, which will integrate OPT's Maritime Domain Awareness System with satellite communication and AT&T 5G technology, will demonstrate its persistent surveillance and communication capabilities in a maritime environment.
- 02/14/2024
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Ocean Power Technologies nabs over $1.25M in orders for WAM-V unmanned surface vehicles
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) said it had received multiple orders totaling more than $1.25 million for fully integrated WAM-V Unmanned Surface Vehicles (USVs). The recent commercial orders hail from clients in Latin America, OPT said in a statement.
- 02/12/2024
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Ocean Power Technologies receives $1.2mln grant in New Jersey
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it has received a $1.2 million grant award from the New Jersey Economic Development Authority (NJEDA). The company, in a statement, highlighted that the grant programme is designed to assist technology and life sciences businesses in New Jersey, and, it enables these companies to convert a portion of their net operating losses and unused research and development (R&D) tax credits into cash, by selling them to unrelated profitable corporations.
- 01/29/2024
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Ocean Power Technologies reveals commercialization progress; sees profitability in 2025
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) said it has completed several previously announced milestones and initiatives, including reallocation of headcount towards commercialization that it believes will enhance shareholder value. The provider of ocean energy and intelligent data services said it now has fully commercialized customer solutions, a robust pipeline, and several recent commercial wins, with expectations of achieving profitability in calendar year 2025.
- 01/17/2024
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Ocean Power reports buoyant 2Q pipeline as it targets positive cash flow in 2025
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) told investors it expects to be cashflow positive in calendar year 2025 after reporting second-quarter results that show strong progress with its strategy. The company, a provider of ocean energy and intelligent data services, said its pipeline amounted to roughly $93 million at the end of October, a 221% year-over-year increase from a year earlier.
- 12/14/2023
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Ocean Power Technologies seeks investor support at upcoming annual meeting
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) told investors that it is executing its commercialization-focused strategy as it moves away from the research and development related to its marine power, data, and service solutions. In a letter to shareholders ahead of its Annual Meeting of Stockholders to be held on January 31, 2024, OPT told investors to vote on the white proxy card to support the company's proposals, which it said would allow its leadership team to continue delivering on its strategy.
- 12/13/2023
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Ocean Power Technologies $6.5M contract win for maritime domain awareness technology to open doors to other opportunities
- Ocean Power Technologies Inc (NYSE-A:OPTT)' win of a $6.5 million contract to provide multiple maritime domain awareness buoys to a U.S. government contractor underpins the opportunities in front of the company, its CEO says. “We've been focusing on setting ourselves up to successfully supply the government, defence and security markets and our ability to deliver for those customers is going to help with other contracts in the space,” Ocean Power CEO Philipp Stratmann told Proactive in a recent interview.
- 12/12/2023
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Ocean Power Technologies secures contract worth up to $6.5M to bolster maritime domain awareness for US government agencies
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it has received a letter contract from a US-based prime contractor with a $6.5 million ceiling to provide multiple maritime domain awareness buoys to strengthen maritime surveillance efforts The collaboration with the prime contractor will focus on providing multidomain marine solutions in support of US government agencies, OPT said in a statement. The company's PowerBuoys will play a pivotal role in enhancing surveillance capabilities above and below the waterline, contributing significantly to maritime domain awareness initiatives.
- 12/11/2023
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3 Top Ocean Tech Stocks Exploring New Depths
- Some 70% of the Earth is covered by oceans. As a result, taking care of them and keeping them clean has a very large impact on our planet.
- 11/28/2023
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Ocean Power Technologies to Report 2024 Second Quarter Results on December 13, 2023
- MONROE TOWNSHIP, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2024 second quarter for the period ended October 31, 2023 results after the market closes on Wednesday December 13, 2023.
- 11/21/2023
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Ocean Power Technologies tackles illegal fishing with uncrewed marine technology
- Ocean Power Technologies Inc (NYSE-A:OPTT), a provider of ocean energy and intelligent data services, is using its technology to combat illegal fishing practices and support marine conservation. The company's vice president for sales and marketing Matt Burdyne joined Proactive's Steve Darling with more details of a contract to provide WildAid and Caribbean Law Enforcement with an OPT WAM-V 16 Uncrewed Surface Vessel (USV) equipped with an integrated quadcopter aerial drone.
- 11/06/2023
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Ocean Power Technologies appoints former US Admiral Victorino Mercado as board advisor
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced that Rear Admiral Victorino “Vic” G. Mercado (Retired) has been retained as a special advisor to the company's board of directors.
- 11/02/2023
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Ocean Power Technologies' recent contracts add to already solid pipeline: analysts
- Ocean Power Technologies (OPT) Inc's recent contract with WildAid and Caribbean Law Enforcement as well as its $1.6 million additional volume order from Sulmara further solidify the company's commercial pipeline, according to Water Tower Research analysts. In an update to clients, they noted that OPT's WAM-V 16, a highly versatile and capable vessel, should help Sulmara revolutionize marine data collection.
- 10/26/2023
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Ocean Power Technologies receives contract from WildAid to combat illegal fishing
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has announced a contract with WildAid and Caribbean Law Enforcement partners aimed to protect vital marine species and combat illegal, unreported, and unregulated (IUU) fishing activities in critical habitats using OPT's state-of-the-art uncrewed technologies. The provider of ocean energy and intelligent data services said it will provide WildAid and their Caribbean Law Enforcement partners with an OPT WAM-V 16 Uncrewed Surface Vessel (USV) equipped with an integrated quadcopter aerial drone, which will empower law enforcement agencies and conservation organizations to safeguard marine life from illegal harvesting while ensuring the sustainability of these critical ecosystems.
- 10/25/2023
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Ocean Power Technologies receives $1.6M order from Sulmara for WAM-V 16s
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced that it has received an additional volume order valued at $1.6 million from Sulmara for multiple WAM-V 16 uncrewed surface vehicles (USVs), the largest single order of WAM-Vs to date. The provider of ocean energy and intelligent data services said due to demand, production is already underway to support and will allow for revenue recognition this fiscal year.
- 10/24/2023
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Ocean Power Technologies sees 1Q revenue climb as sales pipeline surges
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced fiscal first quarter 2023 revenue of $1.3 million, up from $0.7 million a year earlier, driven by sales of WAM-V autonomous vehicles, revenue from its previously announced contract with the Department of Energy (DOE) and strategic consulting services. The provider of ocean energy and intelligent data services also said its sales pipeline has increased 215% year over year to about $85 million as of July 31, 2023, which company attributed to a significant increase in defense and security activity as well as an expansion of commercial opportunities, due to growing interest from offshore wind companies for autonomous monitoring, surveillance and survey-related services during various stages of the project development cycle.
- 09/13/2023
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Ocean Power Technologies wins three multi-year NOAA contracts to revolutionize Uncrewed Maritime Systems
- Ocean Power Technologies Inc (NYSE-A:OPTT) told investors it won three separate Indefinite Delivery Indefinite Quantity (IDIQ) multiple-award contracts (MAC) from the National Oceanic and Atmospheric Administration (NOAA). The company said these latest awards build on recent successes in the defense and national security space and add to its reputation as a reliable US Government contractor.
- 09/08/2023
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Ocean Power Technologies to Participate in the H.C. Wainwright & Co. 25th Annual Global Investment Conference
- MONROE TOWNSHIP, N.J., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Bob Powers, Chief Financial Officer, will participate in the H.C. Wainwright & Co. 25th Annual Global Investment Conference. The hybrid conference will take place September 11-13, 2023 at the Lotte New York Palace Hotel and will include virtual and in-person participation with over 550 company presentations scheduled as live feed or available on-demand.
- 09/07/2023
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Ocean Power Technologies reveals WAM-V on-water charging breakthrough
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has announced what the company called a “pivotal achievement” in the field of autonomous maritime technology: the successful demonstration of the Wave Adaptive Modular Vessel (WAM-V) attaching itself remotely to a buoy and establishing a connection that will enable charging. The groundbreaking milestone was revealed by OPT's vice president of global sales and marketing Matt Burdyny at the 10th Annual Maritime Security West (MARSEC West) event.
- 08/17/2023
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Ocean Power Technologies to Report 2023 First Quarter Results on September 13, 2023
- MONROE TOWNSHIP, N.J., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2024 first quarter for the period ended July 31, 2023 results after the market closes on Wednesday September 13, 2023.
- 08/14/2023
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Ocean Power Technologies expected to double its order book by the end of 2024
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) expects its contract orders to more than double to $15 million in the 2024 financial year, the intelligence maritime solutions and services provider highlighted when handing down its latest quarterly results. Analysts at Water Tower Research noted this expected contract growth, which is projected to be driven by the ramp-up of OPT's data-as-a-service (DaaS) line, wave adaptive module vehicle (WAM-V) sales and leases, and consulting business inflows.
- 07/18/2023
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Ocean Power Technologies reports significant growth in orders and revenues
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has reported significant growth in orders and revenues in its financial results for the fourth quarter (4Q23) and full year ended April 30, 2023. In 4Q23, OPT received total orders of $2.3 million, a notable increase compared to $0.7 million in the same quarter of the previous year.
- 07/13/2023
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Ocean Power Technologies responds to threat of proxy contest from Paragon Tachnologies
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has said the company is committed to driving value sustainably in the best interests of all its shareholders as it sought to fight a proxy contest from Paragon Technologies which has a 3.9% stake in the company. In a statement, OPT expressed disappointment that Paragon had made misleading and distracting public statements regarding its performance and leadership and is now threatening to pursue an expensive proxy contest against OPT.
- 07/12/2023
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Ocean Power Technologies adopts new tax plan to protect shareholder value
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) said its Board of Directors has adopted a new tax benefits preservation plan in a bid to protect long-term shareholder value by preserving significant tax assets. The company said that the plan was designed to protect and preserve its tax assets primarily associated with net operating loss (NOL) carryforwards that could be potentially utilized in certain circumstances to offset OPT's future taxable income and reduce its federal income tax liability.
- 06/30/2023
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Ocean Power Technologies to Report 2023 Fourth Quarter and Full-Year Results on July 12, 2023
- MONROE TOWNSHIP, N.J., June 15, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 fourth quarter and full-year ended April 30, 2023, results after the market closes on Wednesday, July 12, 2023.
- 06/15/2023
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3 Penny Stocks That Are Dominating Their Niche Markets
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- 06/09/2023
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3 Energy Stocks That Are Leading the Way in Renewable Energy Innovation
- The push toward renewable energy and away from fossil fuel energy continues over concerns about the environment. Companies with and without stocks are creating innovations to address that transition.
- 05/12/2023
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Ocean Power Technologies extends contract with US government agency overseas
- Ocean Power Technologies Inc (NYSE-A:OPTT). (OPT) said it will continue to provide its WAM-V 22 Autonomous Surface Vehicle (ASV) asset to a US government agency overseas for its maritime activities through a $0.5 million contract extension.
- 04/21/2023
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Ocean Power Technologies deploys next-generation wave energy convertor buoy
- Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced the successful first test of its next-generation increased power wave energy converter buoy, the Mass-On-Spring-Wave-Energy-Converter (MOSWEC) prototype. The company reported that the operational-sized buoy, deployed offshore in New Jersey, has been performing as expected and has already endured storm conditions at sea.
- 04/13/2023
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Ocean Power Technologies sees 3Q revenue climb 52% on autonomous vehicles sales, increase in consulting services
- Ocean Power Technologies Inc (NYSE-A:OPTT) has announced a 52% increase in its fiscal third quarter 2023 revenue to $0.7 million, which was driven by sales of WAM-V autonomous vehicles and an increase in strategic consulting services. The company said total orders for the quarter rose to $0.8 million from $0.7 million during the same period last year.
- 03/13/2023
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Ocean Power Technologies to Report 2023 Third Quarter Results on March 13, 2023
- MONROE TOWNSHIP, N.J., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 third quarter for the period ended January 31, 2023 results after the market closes on Monday, March 13, 2023.
- 02/13/2023
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3 Sorry Energy Stocks to Sell in February Before It's Too Late
- With geopolitical tensions and a global economic rebound, 2022 was a year to buy energy stocks. Warren Buffett went on a shopping spree buying oil and gas stocks like Chevron Corporation (NYSE: CVX ) and Occidental Petroleum (NYSE: OXY ).
- 02/08/2023
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7 Stocks That Will Make You Rich in 10 Years
- Although it might seem like the Federal Reserve took all the upside potential away from risk-on assets, forward-looking investors can still bank on stocks that will make you rich in 10 years. Admittedly, it's not the most favorable cycle right now.
- 01/17/2023
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Ocean Power Technologies Q2 results showed its consulting business driving top-line growth, notes analyst
- Water Tower Research analyst Shawn Severson has noted that second-quarter 2023 results from Ocean Power Technologies Inc (NYSE-A:OPTT) (OPTT) showed its consulting business driving top-line growth, together with strong R&D efforts across the company's offerings. Severson pointed out that OPTT saw its Q2 revenue grow by 22.7% year-on-year to $0.3 million, compared with $0.2 million in 2Q22, with the increase was primarily due to higher levels of revenue, stemming from the acquisition of MAR, which produced $0.1 million in 2Q23, while sales of WAM-Vs also drove growth.
- 12/19/2022
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Ocean Power Technologies, Inc. (OPTT) Q2 2023 Earnings Call Transcript
- Ocean Power Technologies, Inc. (NYSE:OPTT ) Q2 2023 Earnings Conference Call December 15, 2022 9:00 AM ET Corporate Participants Joseph DiPietro - Corporate Controller and Treasurer Philipp Stratmann - President and Chief Executive Officer Bob Powers - Senior Vice President, Chief Financial Officer Conference Call Participants Shawn Severson - WTR Jeffrey Campbell - Alliance Global Partners Operator Good morning and welcome to the Ocean Power Technologies Second Quarter Fiscal 2023 Earnings Conference Call. A webcast of this call is also available on the company's website at www.oceanpowertechnologies.com.
- 12/15/2022
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Ocean Power Technologies cuts losses as orders and revenues grow
- Ocean Power Technologies Inc (NYSE-A:OPTT) has reported a 23% increase in revenues to $0.3 million in the second quarter driven by sales of WAM-V's and an increase in Strategic Consulting Services. Losses at the low-carbon marine data, power, and consulting service solutions company fell to $4.8 million in the quarter compared to $5.2 million for the same quarter last year.
- 12/14/2022
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7 Clean Energy Stocks You Must Own Today
- With new paradigms thrust upon the free world, the discussion about clean energy stocks represents an unavoidable topic. While Russia's invasion of Ukraine imposes the severest obstacle to global energy infrastructures, the U.S. and its western allies engage in competition with autocratic powers.
- 12/09/2022
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Ocean Power Technologies is uniquely positioned to leverage megatrends in the offshore power industry, says Water Tower Research
- Ocean Power Technologies Inc (NYSE-A:OPTT), which offers renewable energy-as-a-service for offshore applications and maritime products for commercial and military markets, is “uniquely positioned to leverage several megatrends” in the industry, noted analysts at Water Tower Research. In a note to clients, Water Tower Research said the offshore power market is expected to see "significant growth" in the coming years, with OPT focused strategically on data and Power-as-a-Service (PaaS).
- 11/28/2022
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Ocean Power Technologies is offering critical ocean intelligence services to the defense, oil and gas, offshore wind, and research markets
- Tackling illegal fishing. Marine collision avoidance.
- 10/31/2022
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Ocean Power Technologies, Inc. (OPTT) Q1 2023 - Earnings Call Transcript
- Ocean Power Technologies, Inc. (NYSE:OPTT ) Q1 2023 Earnings Conference Call September 13, 2022 9:00 AM ET Company Participants Joseph DiPietro - Controller, Treasurer, Principal Accounting Officer Philipp Stratmann - President, Chief Executive Officer Robert Powers - Senior Vice President, Chief Financial Officer Conference Call Participants Operator Good morning and welcome to the Ocean Power Technologies First Quarter Fiscal 2023 Earnings Conference Call. A webcast of this call is also available on the company's website at www.oceanpowertechnologies.com.
- 09/13/2022
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Ocean Power Technologies to Participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference
- MONROE TOWNSHIP, N.J., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Bob Powers, Chief Financial Officer, will participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference.
- 09/07/2022
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Ocean Power Technologies to Report 2023 First Quarter Results on Monday, September 12, 2022
- MONROE TOWNSHIP, N.J., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 first quarter after the market closes on Monday, September 12, 2022.
- 08/12/2022
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7 Clean Energy Stocks Under $5 to Add to Your Buy List
- Source: Shutterstock Clean energy has been growing at a fast pace over the past decade. In particular, investments in the industry have ramped up substantially in recent years due to rising adoption of wind, solar and other renewable energy sources.
- 08/05/2022
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Ocean Power Technologies (OPTT) CEO, Philipp Stratmann on Q4 2022 Results - Earnings Call Transcript
- Ocean Power Technologies Inc. (NYSE:OPTT ) Q4 2022 Earnings Conference Call July 14, 2022 9:00 AM ET Company Participants Philipp Stratmann - President, Chief Executive Officer Robert Powers - Senior Vice President, Chief Financial Officer Joseph DiPietro - Controller, Treasurer, Principal Accounting Officer Conference Call Participants Robert Silvera - RE Silvera & Associates Peter Ruggiere - Dawson James Operator Good morning and welcome to the Ocean Power Technologies fourth quarter and full year fiscal 2022 conference call. A webcast of this call is also available on the company's website at www.oceanpowertechnologies.com.
- 07/14/2022
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3 Penny Stocks That Have Huge Catalysts Ahead
- While you don't want to play with money you can't afford to lose, these penny stocks might bring home the goods for the bold. The post 3 Penny Stocks That Have Huge Catalysts Ahead appeared first on InvestorPlace.
- 06/27/2022
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Ocean Power Technologies to Report 2022 Fourth Quarter and Full-Year Results on Wednesday, July 13, 2022
- MONROE TOWNSHIP, N.J., June 14, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its 2022 fourth quarter and full-year results after the market closes on Wednesday, July 13, 2022.
- 06/14/2022
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Ocean Power Technologies, Inc. (OPTT) CEO Philipp Stratmann on Q3 2022 Results - Earnings Call Transcript
- Ocean Power Technologies, Inc. (OPTT) CEO Philipp Stratmann on Q3 2022 Results - Earnings Call Transcript
- 03/15/2022
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Ocean Power Technologies: Higher Oil Prices May Spark Consultancy Demand
- OPTT is a slow-moving play, to say the least.
- 03/11/2022
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Best Penny Stocks To Buy? 5 Energy Stocks To Watch Right Now
- Energy and oil penny stocks to watch right now. The post Best Penny Stocks To Buy?
- 03/08/2022
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Most Active Penny Stocks To Watch With Oil & Energy In Focus Right Now
- Energy penny stocks remain hot & here are 4 more to watch right now. The post Most Active Penny Stocks To Watch With Oil & Energy In Focus Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/07/2022
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Ocean Power Technologies to Report Fiscal Year 2022 Third Quarter Results on Monday, March 14, 2022
- MONROE TOWNSHIP, N.J., Feb. 02, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal year 2022 third quarter results for the period ending January 31, 2022, after the market closes on Monday, March 14, 2022.
- 02/02/2022
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Eco Wave Power, Ocean Power Technologies Join Forces To Accelerate Wave Energy Projects
- Eco Wave Power Global AB (NASDAQ: WAVE) and Ocean Power Technologies Inc (NYSE: OPTT) plan to utilize their complementary technologies and skills to accelerate wave energy projects under an agreement previously signed. The companies will work together on several fronts, including knowledge sharing, joint grant submissions, and collaborative assistance to enter new markets.
- 01/13/2022
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Is it too late to buy Ocean Power Technologies stock after spiking 18% after earnings?
- On Thursday, Ocean Power Technologies Inc. (NASDAQ:OPTT) shares advanced by more than 2%, extending this week's post-earnings gains to 18%. The stock had spiked nearly 10% on Wednesday.
- 12/17/2021
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Ocean Power Technologies, Inc. (OPTT) CEO Philipp Stratmann on Q2 2022 Results - Earnings Call Transcript
- Ocean Power Technologies, Inc. (OPTT) CEO Philipp Stratmann on Q2 2022 Results - Earnings Call Transcript
- 12/15/2021
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Ocean Power Technologies Acquires Marine Advanced Robotics For $11M
- Ocean Power Technologies, Inc. (NYSE: OPTT) closed on an acquisition of Marine Advanced Robotics, Inc. (MAR), a Richmond, California-based developer and manufacturer of autonomous surface vehicles (ASVs). The company paid $11.0 million at closing, consisting of $4.0 million in cash and $7.0 million in common stock.
- 11/16/2021
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Ocean Power Technologies to Report Fiscal Year 2022 Second Quarter Results on Tuesday, December 14, 2021
- MONROE TOWNSHIP, N.J., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal year 2022 second quarter results for the period ending October 31, 2021, after the market closes on Tuesday, December 14, 2021.
- 11/09/2021
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Best Penny Stocks to Buy Under $4? 4 For Your Watchlist Right Now
- Why these 4 under $4 penny stocks could be worth keeping an eye on The post Best Penny Stocks to Buy Under $4? 4 For Your Watchlist Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/15/2021
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7 Clean Energy Stocks Trading too Hot at the Moment
- Clean energy stocks did well in the first half of the year, but are giving up gains as the oil and gas sector rebounds due to re-openings. The post 7 Clean Energy Stocks Trading too Hot at the Moment appeared first on InvestorPlace.
- 09/24/2021
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7 Renewable Penny Stocks to Buy for a Climate-Focused World
- Penny stocks are for the risk-tolerant, but these cheap plays are for the environmentally conscious investor as well. The post 7 Renewable Penny Stocks to Buy for a Climate-Focused World appeared first on InvestorPlace.
- 09/22/2021
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Ocean Power Technologies Announces First Quarter Fiscal 2022 Results
- Investor Conference Call and Webcast on September 14, 2021, at 11:00 A.M. ET Investor Conference Call and Webcast on September 14, 2021, at 11:00 A.M. ET
- 09/13/2021
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US DOE Selects Ocean Power Technologies To Support Development Of Wave Energy Converter Concept
- Ocean Power Technologies Inc (NYSE: OPTT) has been selected by the U.S. Department of Energy (DOE) to further the development of a next-generation wave energy converter. The company will receive up to $197,203 to perform a preliminary conceptual design and feasibility study of a modular and scalable small-scale Mass-on-Spring Wave Energy Converter (MOSWEC) PowerBuoy for powering autonomous ocean monitoring systems.
- 08/17/2021
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Ocean Power Technologies Announces DOE Award Supporting Development of Next Generation Wave Energy Converter Concept
- MONROE TOWNSHIP, N.J., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon ocean energy solutions, today announced that the U.S. Department of Energy (DOE) selected the Company to further the development of a next-generation wave energy converter.
- 08/17/2021
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Top Penny Stocks To Buy Now? 3 Green Energy Stocks For Your List
- Best renewable energy penny stocks to buy? Check these small-caps out for your watchlist The post Top Penny Stocks To Buy Now?
- 08/10/2021
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Ocean Power Technologies Announces Fourth Quarter and Full-Year Fiscal 2021 Results
- Investor Conference Call and Webcast on July 20, 2021, at 11:00 A.M. ET Investor Conference Call and Webcast on July 20, 2021, at 11:00 A.M. ET
- 07/19/2021
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7 Penny Stocks That You Need to Know About in July 2021
- With July in full swing, which penny stocks are on your watchlist? The post 7 Penny Stocks That You Need to Know About in July 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/05/2021
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9 Top Reddit Penny Stocks For Your Summer 2021 Watchlist
- Which penny stocks on Reddit are investors watching right now? Check these 9 out The post 9 Top Reddit Penny Stocks For Your Summer 2021 Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/02/2021
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Ocean Power Technologies Added to Russell Microcap® Index
- MONROE TOWNSHIP, N.J., June 23, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE American: OPTT), a leader in innovative and cost-effective low carbon ocean energy solutions, today announced the Company's addition to the Russell Microcap® Index, effective after the market opens on June 28, 2021. FTSE Russell disclosed OPT's inclusion in its annual reconstitution additions.
- 06/23/2021
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Ocean Power Technologies Announces Executive Management Changes
- Philipp Stratmann Appointed as President and CEO, and Matthew Shafer Promoted to Senior Vice President, CFO and Treasurer
- 06/21/2021
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7 Clean Energy Stocks to Buy as Buffett and Gates Make a Nuclear Bet
- As billionaires bet big on fossil fuel alternatives, these seven uranium and clean energy stocks could get a considerable boost. The post 7 Clean Energy Stocks to Buy as Buffett and Gates Make a Nuclear Bet appeared first on InvestorPlace.
- 06/17/2021
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7 Energy Stocks to Buy for Double-Digit Upside in the Next Year
- Despite the ebb and flow of the pandemic disrupting the sector, energy stocks of all stripes could be due for a sizable run up. The post 7 Energy Stocks to Buy for Double-Digit Upside in the Next Year appeared first on InvestorPlace.
- 06/14/2021
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Energy Penny Stocks Are On The Rise; 3 to Watch Under $3
- Best energy penny stocks under $3? Check these 3 out The post Energy Penny Stocks Are On The Rise; 3 to Watch Under $3 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 06/09/2021
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Ocean Power Technologies Announces Planned Transfer of Nasdaq Listing to NYSE American Stock Exchange
- MONROE TOWNSHIP, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will change its listing from the Nasdaq Capital Market to the NYSE American stock exchange.
- 06/08/2021
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7 of the Best Green Penny Stocks to Play the Renewable Energy Push
- Penny stocks are always a gamble, but these companies represent a gamble you can feel good about, even if not all of them pay off. The post 7 of the Best Green Penny Stocks to Play the Renewable Energy Push appeared first on InvestorPlace.
- 06/07/2021
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7 Renewable Energy Stocks Worth Their Weight in Green
- Renewable energy stocks took a sizable hit due to a sentiment shift following the Texas storm, but now they're making a comeback. The post 7 Renewable Energy Stocks Worth Their Weight in Green appeared first on InvestorPlace.
- 06/02/2021
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Ocean Power Technologies Receives $1 Million of Non-Dilutive Funding Through NJEDA Technology Business Tax Certificate Transfer Program
- MONROE TOWNSHIP, N.J., May 12, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that it has received $1 million of non-dilutive funding through the New Jersey Economic Development Authority's (NJEDA) Technology Business Tax Certificate Transfer Program.
- 05/12/2021
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Top Tech Penny Stocks to Buy This Year? One Up 102% YTD
- Finding tech penny stocks can be challenging; here's 3 for some watchlist inspiration The post Top Tech Penny Stocks to Buy This Year? One Up 102% YTD appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 04/27/2021
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3 Energy Penny Stocks to Watch This Week
- Energy penny stocks are in focus; which 3 should you watch? The post 3 Energy Penny Stocks to Watch This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 04/21/2021
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Ocean Power Technologies May Be an Aspirational Investment to Believe In
- There's no denying that OPTT stock is a speculative venture. But if you can handle the risk, there's a compelling narrative here.
- 04/01/2021
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Ocean Power Technologies Might Finally Be Serious About Making Money
- Ocean Power Technologies is finally serious about making money. And that means OPTT stock could grow into its current valuation and then some.
- 03/30/2021
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7 Renewable Energy Stocks That Are Powering the Future
- These seven renewable energy stocks, mainly solar and wind entities, are well-positioned to benefit from a multi-year industry tailwind. The post 7 Renewable Energy Stocks That Are Powering the Future appeared first on InvestorPlace.
- 03/18/2021
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Ocean Power Technologies, Inc. (OPTT) CEO George Kirby on Q3 2021 Results - Earnings Call Transcript
- Ocean Power Technologies, Inc. (OPTT) CEO George Kirby on Q3 2021 Results - Earnings Call Transcript
- 03/09/2021
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OPTT Stock Price Increased Over 39% Intraday: Why It Happened
- The stock price of Ocean Power Technologies, Inc. (Nasdaq: OPTT) increased by over 39% during intraday trading. This is why it happened.
- 03/08/2021
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Ocean Power Technologies Announces Third Quarter FY2021 Results
- Investor Conference Call and Webcast on March 9, 2020, at 11:00 A.M. ET Investor Conference Call and Webcast on March 9, 2020, at 11:00 A.M. ET
- 03/05/2021
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8 Reliable Energy Stocks Even in the Worst Weather
- Due to the devastation caused by the Texas winter storm, energy stocks have taken on more attention. Here are the names that could move higher off this crisis.
- 03/02/2021
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Ocean Power Technologies: Big Potential But Needs To Execute Quickly
- Shares have rallied aggressively over the past 11 months. The market clearly likes the fundamentals. Management believes the PB3 PowerBuoy can be used in multiple sectors.
- 02/22/2021
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8 Stocks to Buy for Beginners in a Hot Market
- While you can chase the latest fads on Wall Street, these stocks for beginners provide more sustainable opportunities. The post 8 Stocks to Buy for Beginners in a Hot Market appeared first on InvestorPlace.
- 02/05/2021
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10 Stocks Under $10 to Buy Before They Soar
- One of the counterintuitive dynamics of the pandemic-disrupted year in 2020 was the rise of Wall Street. But that doesn't mean you've missed the boat, as these stocks under $10 demonstrate.
- 01/27/2021
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Ocean Power Technologies Welcomes Three New Members to its Board of Directors
- Hewlett, Purcel & Slaiby Elected as Independent Directors Hewlett, Purcel & Slaiby Elected as Independent Directors
- 12/23/2020
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8 Game-Changing Stocks to Buy for Upside and Innovation
- The markets are a tricky place to navigate in this second wave of the pandemic, so your best hope could be in game-changing stocks. The post 8 Game-Changing Stocks to Buy for Upside and Innovation appeared first on InvestorPlace.
- 12/18/2020
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Ocean Power Technologies Announces Second Quarter FY2021 Results
- Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET
- 12/07/2020
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Ocean Power Technologies Taps SeaTrepid International for First Remote OPT PowerBuoy® Deployment
- Turnkey Installation of OPT PowerBuoy® Solution in Chile Turnkey Installation of OPT PowerBuoy® Solution in Chile
- 12/07/2020
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7 Renewable Energy Stocks to Help the Environment and Your Wallet
- President-elect Joe Biden doesn't just represent a political rethink but rather, an environmental one. Therefore, these renewable energy stocks should be on your radar.
- 12/02/2020
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Are You Looking For ESG Stocks To Buy Right Now? Here's How 6 Small-Cap Stocks Have Performed In 2020 So Far
- Are you an environmentally friendly and socially responsible investor? If so, there's an entire set of stocks to watch that specifically reflects that mindset.
- 11/23/2020
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Ocean Power Technologies Expands Commercial Team With Southern Europe-Based Representative
- MONROE TOWNSHIP, N.J., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that Jorge Franco has joined the Company as Regional Sales Representative based in Spain. Reporting to OPT Vice President, Global Sales Jeff Wiener, Mr. Franco will concentrate on opportunities in Southern Europe.
- 11/23/2020
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DeepStar® Awards Subsea Systems Engineering Contract to Ocean Power Technologies
- Study to Utilize PB3 PowerBuoy for 'Remote Zero Carbon Power for Electric Subsea Operations' Project Study to Utilize PB3 PowerBuoy for 'Remote Zero Carbon Power for Electric Subsea Operations' Project
- 11/16/2020
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OPTT Stock Floats an Ocean of Possibilities
- Thanks to relationships with the U.S. Navy and goventment contractors, Ocean Power Technologies and OPTT stock could enjoy handsome rewards. The post OPTT Stock Floats an Ocean of Possibilities appeared first on InvestorPlace.
- 11/16/2020
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Navy Subcontract Should Propel Ocean Power Technologies
- In light of a business connection to none other than the U.S. Navy, the argument for OPTT stock as a defense-tech winner remains compelling. The post Navy Subcontract Should Propel Ocean Power Technologies appeared first on InvestorPlace.
- 11/10/2020
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Global Construction and Mining Equipment Market, 2020-2030 - Digitization and New Business Models Powering the Industry - ResearchAndMarkets.com
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Waves Association Is Offering 1 Million WAVES or $2.9 Million via its Blockchain Developer Grant Program
- Waves Association is offering 1 million WAVES or around $2.9 million via its blockchain developer grant program.
- 10/21/2020
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Foresight to Launch Its COVID-19 Symptom Detection Solution in Japan at SEECAT 2020 Exhibition
- Foresight to Launch Its COVID-19 Symptom Detection Solution in Japan at SEECAT 2020 Exhibition
- 10/21/2020
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Memorial Hospital at Gulfport Selects Omnicell Central Pharmacy Dispensing Service to Enhance Medication Safety and Dispensing Efficiency
- Memorial Hospital at Gulfport Selects Omnicell Central Pharmacy Dispensing Service to Enhance Medication Safety and Dispensing
- 10/20/2020
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'Deal with the disaster': the girl from Bougainville who grew up to take on a mining giant
- Panguna mine is often cast as the economic key to Bougainville’s potential independence, but young MP Theonila Matbob says her people, and their land, must come first
- 10/16/2020
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EY Names Jared Shepard, Founder & CEO of Intelligent Waves, LLC as an Entrepreneur Of The Year® 2020 Mid-Atlantic Award Winner | | IT Business Net
- RESTON, Va.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) today announced that Jared Shepard, Founder & CEO of Intelligent Waves, LLC, was named an Entrepreneur Of The Year® 2020 Mid-Atlantic Aw
- 10/10/2020
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EY Names Jared Shepard, Founder & CEO of Intelligent Waves, LLC as an Entrepreneur Of The Year® 2020 Mid-Atlantic Award Winner
- Ernst & Young LLP (EY US) today announced that Jared Shepard, Founder & CEO of Intelligent Waves, LLC, was named an Entrepreneur Of The Year®
- 10/09/2020
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Autonomous Mining Equipment Market Industry Demand, Trends, and Forecast 2020
- Oct 08, 2020 (Market Insight Reports) --
The Global Autonomous Mining Equipment Market Research Report Forecast 2020 is a valuable source of insightful data...
- 10/08/2020
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Autonomous Cars Market Size, Share to register annual deployment of 263,532 units by 2026 - Industry News
- Oct 06, 2020 (Market Insight Reports) --
Selbyville, Delaware. The report Autonomous Cars Market Size and Analysis maintains enhanced dynamics and is...
- 10/06/2020
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CORRECTING and REPLACING Blue Wolf Capital Closes on Sale of Pharmaceutical Strategies Group’s 340B Business to Omnicell
- Headline of release should read: Blue Wolf Capital Closes on Sale of Pharmaceutical Strategies Group’s 340B Business to Omnicell (instead of: Blue Wol
- 10/03/2020
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Foresight: Eye-Net Mobile Signs Distribution Agreement with Leading Japanese Trading House Cornes Technologies
- Foresight: Eye-Net Mobile Signs Distribution Agreement with Leading Japanese Trading House Cornes Technologies
- 10/02/2020
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Electric Vehicle ETF In Reverse Spells Opportunity
- To say this has been a big week for electric vehicle stocks and the related exchange-traded funds is an understatement. What Happened: First, there was Tesla...
- 09/24/2020
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Electric Vehicle ETF In Reverse Spells Opportunity
- To say this has been a big week for electric vehicle stocks and the related exchange-traded funds is an understatement.
What Happened: First, there was Tesla Inc's (...
- 09/24/2020
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Omnicell, Inc. Prices $500 Million 0.25% Convertible Senior Notes Offering (up 37.5% Conversion Premium)
- Omnicell, Inc. Prices $500 Million 0.25% Convertible Senior Notes Offering (up 37.5% Conversion Premium)
- 09/23/2020
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MathWorks Introduces Release 2020b of MATLAB and Simulink
- MathWorks today introduced Release 2020b of the MATLAB and Simulink product families. New capabilities in MATLAB simplify working with graphics and ap
- 09/22/2020
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3 Microcap Startups In Proof Of Concept Stage
- Exro Technologies offers disruptive technology in electric vehicle motors. Foresight Autonomous Holdings has developed a COVID-19 detector.
- 09/18/2020
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The Impending Auto Loans Debacle Could Hurt Companies And Consumers
- The percent of auto loans delinquent by 90 days or more has been rising for almost four years and is approaching levels last seen during the Global Financial Crisis in 2009.
- 09/16/2020
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Velodyne Lidar宣佈舉辦第三屆年度自動駕駛技術世界安全高峰會
- (美國商業資訊)--Velodyne Lidar, Inc.今日宣佈舉辦第三屆年度自動駕駛技術世界安全高峰會(World Safety Summit on Autonomous Technology, WSS)，將探討車輛運輸的安全和自動駕駛問題。此次高峰會將來自業界、政府、新聞和學術界的眾多專家和
- 09/14/2020
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Foresight: Eye-Net Mobile to Begin Pilot Project with Second Japanese Multinational Company
- Foresight: Eye-Net Mobile to Begin Pilot Project with Second Japanese Multinational Company
- 08/28/2020
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Foresight Autonomous Holdings: Letter to Shareholders
- Letter to shareholders
- 08/25/2020
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Ocean Power Technologies’ PB3 PowerBuoy® Achieves New Operational Milestone
- Over One-and-a-Half Years of Continuous Unabated Autonomous Wave Energy ConversionMONROE TOWNSHIP, N.J., Aug. 19, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that the PB3 PowerBuoy® operating in the Adriatic Sea has surpassed 600 days of continuous operation for Eni’s Phase 1 resident autonomous underwater vehicle (AUV) project. “The PB3 PowerBuoy® continues to validate its durability as a proven marine power asset,” said George H. Kirby, President and Chief Executive Officer of OPT. “The Adriatic Sea mission exemplifies the PB3’s capabilities in real-time and is an ongoing testament to OPT’s ability to deliver established technologies, constantly reinforcing our standing as a leader in offshore power solutions able to meet the unique needs of our customers.”Initially leased by Eni, one of the world’s largest energy companies, in 2018 for an 18-month mission to convert wave energy into electricity for powering underwater vehicles, the PB3 PowerBuoy® lease was extended in March 2020 for an additional 18 months.To date, this PB3 PowerBuoy® has produced more than 2.7 MWh since it was deployed. The power takeoff (PTO) – OPT’s patented wave energy conversion system that converts ocean wave motion into rotary motion to drive a generator – has made more than 3.5 million cycles. Over the past four years, OPT has put several PTO systems through both ocean-based and factory accelerated life testing, accumulating more 40 million cycles among them. About Ocean Power Technologies Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. Its PowerBuoy® solutions platform provides clean and reliable electric power and real-time data communications for remote offshore and subsea applications in markets such as offshore oil and gas, defense and security, science and research, and communications. 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 which could be inaccurate, and which are subject to risks and uncertainties. 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 SEC for a 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: Contact Information Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com
- 08/19/2020
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Ocean Power Technologies Opens Houston Office to Support Energy Sector Business Development
- Strategically Situated in the Hub of Global Oil and Gas Operations and Energy InnovationMONROE TOWNSHIP, N.J., Aug. 18, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the establishment of its Houston, Texas office in support of Gulf of Mexico and broader U.S. and South American opportunities. Strategically located in the CityCentre development adjacent to Houston’s Energy Corridor near the intersection of I-10 and the Sam Houston Tollway, the new OPT office will serve as the base for the Company’s regional sales and business development activities, headed by OPT’s VP Global Business Development Philipp Stratmann and Senior Director of Sales, David Marchetti. In addition, the new Houston office also enables OPT program managers, engineers, and field operations personnel to collaborate with customer project teams.“Houston is the home of many global oil and gas operations and related offshore industries, and is a hub of energy innovation, human capital, and investment,” said George H. Kirby, President and Chief Executive Officer of OPT. “As we expand our products and solutions, it’s essential that our business development team is based close to this important core customer segment, and our project execution team is able to work closely with customers.”OPT recently announced the launch of two new products – the hybrid PowerBuoy® and Subsea Battery. Together with the ocean proven PB3 PowerBuoy® autonomous wave energy converter, this suite of power and communications products is the basis of OPT solutions for a variety of offshore challenges in the Gulf of Mexico and beyond. Applications include subsea equipment power and remote control, environmental monitoring, enabling underwater vehicle residency for inspection, maintenance, and repair activity, and security with the recently unveiled OPT Surface Surveillance Solution. The new OPT office address is 12848 Queensbury Lane, Suite 208, Office 119, Houston, Texas 77024.About Ocean Power Technologies Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. Its PowerBuoy® solutions platform provides clean and reliable electric power and real-time data communications for remote offshore and subsea applications in markets such as offshore oil and gas, defense and security, science and research, and communications. 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 which could be inaccurate, and which are subject to risks and uncertainties. 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 SEC for a 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: Contact Information Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com
- 08/18/2020
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Ocean Power Technologies Unveils Its Subsea Battery Solution
- Modular Subsea Energy Storage as Part of Expanded Solutions for Ocean ElectrificationMONROE TOWNSHIP, N.J., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the launch of its latest product, the Subsea Battery solution. OPT’s Subsea Battery solution is an environmentally friendly lithium-iron phosphate battery system with a nominal storage capacity of 132 kilowatt-hours. It utilizes OPT’s proprietary and highly efficient battery management system which maximizes the amount of energy available for subsea payloads. Modular design allows multiple Subsea Battery units to be linked together to meet larger energy requirements for a wide range of subsea equipment. The Subsea Battery solution can be integrated with an OPT PowerBuoy® for charging or used for standalone power.“The introduction of our Subsea Battery marks OPT’s second product launch this year,” said George H. Kirby, President and Chief Executive Officer of OPT. “The ongoing electrification of subsea assets requires reliable power that can scale to meet the needs of the offshore industry. The Subsea Battery joins the recently unveiled hybrid PowerBuoy® and our PB3 PowerBuoy® to form an impressive suite of OPT power and communications solutions for remote ocean applications.”The Subsea Battery solution provides uninterruptable power for long-term offshore installations requiring electric power, backup or emergency power for short term missions, and is scalable with multiple units to meet higher energy needs. Integration with OPT PowerBuoy® products creates seamless, ocean-based autonomous power solutions for subsea oil and gas production systems, aquaculture systems, environmental sensors, and powering remotely operated vehicles and autonomous underwater vehicles.For more information, visit the Subsea Battery solution page on the OPT website: https://www.oceanpowertechnologies.com/subsea-batteryAbout Ocean Power Technologies Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. Its PowerBuoy® solutions platform provides clean and reliable electric power and real-time data communications for remote offshore and subsea applications in markets such as offshore oil and gas, defense and security, science and research, and communications. 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 which could be inaccurate, and which are subject to risks and uncertainties. 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 SEC for a 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: Contact Information Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com
- 08/17/2020
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Critical Analysis: Ocean Power Technologies (NASDAQ:OPTT) & Korea Electric Power (NASDAQ:KEP)
- Korea Electric Power (NYSE:KEP) and Ocean Power Technologies (NASDAQ:OPTT) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, earnings, analyst recommendations, valuation and profitability. Analyst Ratings This is a summary of recent ratings and recommmendations for Korea Electric […]
- 07/19/2020
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Ocean Power Technologies Unveils Autonomous Surface Surveillance Solution for Offshore Territorial Applications
- MONROE TOWNSHIP, N.J., July 08, 2020 -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy.
- 07/08/2020
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Ocean Power Technologies Announces Fourth Quarter and Full Year Fiscal 2020 Results
- Revenue Increase Over Prior Year, PowerBuoy® Sale and Lease Extension Highlight Fiscal Year Investor Conference Call and Webcast on June 30, 2020 at 11:00 A.M. ET.
- 06/29/2020
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Ocean Power Technologies Launches hybrid PowerBuoy®
- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the
- 06/26/2020
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Ocean Power Technologies (NASDAQ:OPTT) Upgraded to Buy by ValuEngine
- Ocean Power Technologies (NASDAQ:OPTT) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Wednesday, ValuEngine reports. Shares of OPTT stock opened at $0.78 on Wednesday. The stock has a market capitalization of $4.82 million, a PE ratio of -0.31 and a beta of 2.52. […]
- 06/17/2020
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11 Industrials Stocks Moving In Monday's Pre-Market Session
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Every Studio Ghibli Film, Ranked
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- 05/26/2020
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Does Ocean Power Technologies, Inc.'s (NASDAQ:OPTT) CEO Salary Compare Well With Others?
- George Kirby became the CEO of Ocean Power Technologies, Inc. (NASDAQ:OPTT) in 2015. This analysis aims first to...
- 05/19/2020
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Motorola Edge Plus review
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Ocean Power Technologies Receives $0.9M Of Non-Dilutive Funding Through The New Jersey Economic Development Authority's Technology Business Tax Certificate Transfer Program
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Ocean Power Technologies Receives $0.9 Million of Non-Dilutive Funding Through the New Jersey Economic Development Authority’s Technology Business Tax Certificate Transfer Program
- Ocean Power Technologies, Inc. (OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it recently received $0.9 million of non-dilutive funding through the New Jersey Economic Development Authority’s Technology Business Tax Certificate Transfer Program (the “Program”). The Program enables companies to raise funding to finance their growth and operations and is administered by the New Jersey Economic Development Authority (NJEDA) and the New Jersey Department of the Treasury’s Division of Taxation. Under the Program, New Jersey-based technology and biotechnology companies with fewer than 225 US employees may be eligible to sell net operating losses (NOLs) and research and development tax credits to unaffiliated corporations up to a maximum lifetime benefit of $15 million per business.
- 05/01/2020
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Ocean Power Technologies Issues Press Release Highlighting Production Of Its Face Masks And Shields
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Ocean Power Technologies (NASDAQ:OPTT) and OGE Energy (NASDAQ:OGE) Critical Contrast
- Ocean Power Technologies (NASDAQ:OPTT) and OGE Energy (NYSE:OGE) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, institutional ownership, earnings, profitability, analyst recommendations, risk and valuation. Analyst Ratings This is a breakdown of current ratings and recommmendations for Ocean Power Technologies […]
- 04/06/2020
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The Ocean Could Be The Ultimate Renewable Energy Source
- While the world races to curb global emissions, ocean power offers a promising alternative that could help meet growing energy demand in the future
- 04/03/2020
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Contrasting Kenon (NYSE:KEN) & Ocean Power Technologies (NYSE:OPTT)
- Kenon (NYSE:KEN) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, analyst recommendations, valuation and profitability. Insider and Institutional Ownership 2.1% of Kenon shares are held by institutional investors. Comparatively, 2.5% […]
- 04/01/2020
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Edited Transcript of OPTT earnings conference call or presentation 10-Mar-20 3:00pm GMT
- Q3 2020 Ocean Power Technologies Inc Earnings Call
- 03/27/2020
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Ocean Power Technologies 8-K Shows Warning Scale, Scope Of Coronavirus Outbreak Could Adversely Impact Co.s Business, Financials
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Laurent Condon Triumphs Again, Wins My 3-Stock Derby
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Think You Can Beat The Market? Test Your Skills Here.
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- 03/23/2020
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Laurent Condon Triumphs Again, Wins My '-Stock Derby
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Groundbreaking Carbon-Free Autonomous Subsea Vehicle Residency Solution Advances
- MONROE TOWNSHIP, N.J., March 10, 2020 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that.
- 03/10/2020
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Ocean Power Technologies Announces Third Quarter Fiscal 2020 Results
- Increased Revenue Compared to Prior Year by 171% and Shipped a PB3 PowerBuoy® to Chile for Deployment Investor Conference Call and Webcast on March 10, 2020 at 11:00 A.M. ET.
- 03/09/2020
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Head to Head Analysis: El Paso Electric (NYSE:EE) & Ocean Power Technologies (NYSE:OPTT)
- Ocean Power Technologies (NASDAQ:OPTT) and El Paso Electric (NYSE:EE) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, risk, valuation, dividends, profitability, analyst recommendations and institutional ownership. Analyst Recommendations This is a breakdown of current ratings and price targets for Ocean […]
- 03/09/2020
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Ocean Power Technologies Q3 EPS $(0.46) Down From $(0.14) YoY
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Eni Taps Ocean Power Technologies PowerBuoy® for New Mission
- Ocean Power Technologies, Inc. (OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that Eni, one of the world’s largest energy companies, has extended its lease of a PB3 PowerBuoy® for an additional 18 months. OPT has also been contracted for an additional scope of work to provide a power and communications solution for an entirely new application in the Adriatic Sea.
- 03/03/2020
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Ocean Power Technologies & Taiwan-based Firm BAP Precision Sign Letter of Intent
- MONROE TOWNSHIP, N.J., Feb. 28, 2020 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that it.
- 02/28/2020
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Ocean Power Technologies & Taiwan-Based Firm BAP Precision Sign Letter of Intent
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The Ocean Power Technologies hybrid PowerBuoy® is Coming!
- MONROE TOWNSHIP, N.J., Feb. 27, 2020 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that.
- 02/27/2020
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Ocean Power Shares Spike To Session High, Now Up 3% For Session, Following World IP Organization PatentScope Doc For Patent On 'Electric Power Generate And Storage Buoy'
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Those Who Purchased Ocean Power Technologies (NASDAQ:OPTT) Shares Five Years Ago Have A 99% Loss To Show For It
- Some stocks are best avoided. It hits us in the gut when we see fellow investors suffer a loss. Anyone who held Ocean...
- 02/19/2020
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AWM Investment Company Reports 9.99% Stake In Ocean Power Technologies
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Edited Transcript of OPTT earnings conference call or presentation 10-Dec-19 4:00pm GMT
- Q2 2020 Ocean Power Technologies Inc Earnings Call
- 02/04/2020
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Do Not Put Ocean Power Technologies Stock in Your 401k
- For those of you who haven't heard Ocean Power Technologies (NASDAQ:OPTT) and OPTT stock, it is a renewable energy company that provides an uninterruptible power supply by harvesting energy from the waves.Source: Shutterstock But, the problem with wave energy is that it's a lot more expensive than wind and solar. Furthermore, waves tend to destroy things that get in the way -- and as a result, the renewable energy source has been slow to gain acceptance.The company was founded in 1984. According to its 10-K, the company's main product, the PB3 PowerBuoy, "features a unique onboard power take-off ("PTO") system, which incorporates both energy storage and energy management and control systems. The PB3 generates a nominal name-plated capacity rating of up to 3 kilowatts ("kW") of peak power during recharging of the onboard batteries."InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sounds promising enough. * 7 Under-the-Radar European Stocks to Buy for 2020 However, before you buy some of its stock for your 401k or some other tax-advantaged account, you first might want to consider why this is a terrible idea. 35 Years and Little to Show for ItIn the 12 months ended April 30, 2019, OPTT had revenues of $632,000 and an operating loss of $12.3 million. The year before, it had $511,000 in revenue and an operating loss of $11.56 million.That means for every dollar of revenue generated over the past two years, it's lost between $19-$22 from its operations. That makes some of the unicorns going public in the last couple of years look downright fiscally conservative by comparison.I like to see what my InvestorPlace colleagues have to say about the stock I'm writing about. It gives me an idea of what I'm looking at. So, with OPTT stock trading at 83 cents as I write this, it seems pretty clear Ocean Power Technologies is not a stock to stick in a drawer and forget about it.That said, it still could be a speculative investor's next big score -- so I'll carry on. A Long History of Losing MoneyMy InvestorPlace colleague Ian Bezek took a look at OPTT stock in April of last year. He concluded that at $3, it might be a bet worth taking for highly speculative investors, but when it came to long-term investors, it was off-limits."Since its founding, OPTT has racked up more than $200 million of debt. That's a huge number for a company with a market cap of just around $15 million, even after the latest offering of Ocean Power Technologies stock," Bezek wrote in April.To the uneducated investor, OPTT's second-quarter results show no debt. So, how could it have racked up more than $200 million in debt?Well, it hasn't. My colleague was stating that a company's capital comes from one bucket, whether it's debt or equity. In Ocean Power's case, the accumulated deficit of $216 million has been covered over by the issuance of lots of shares.Can you say, "dilution?"At the end of October 2019, OPTT had 6.5 million shares outstanding. Five years earlier, the company finished fiscal 2014 with 18.3 million shares -- nearly three times more than today's total. To accomplish this mathematical feat -- it definitely did not have the money to buy back its shares -- it carried out a 1-for-20 split in March of last year.So, this means that OPTT issued approximately 112 million shares (6.5 million multiplied by 20) between April 2015 (fiscal year-end) and the end of October.Who bought all of these shares? That's a good question. But, a better question is why?In October 2009, OPTT stock made the Globe & Mail's Stars and Dogs of the Week column -- as a star."For millions of years, ocean waves have been crashing ashore, their magnificent whitecaps and natural rhythms giving rise to a perplexing question: How exactly can we make money off of this? Ocean Power has the answer: Its offshore 'PowerBuoys' harness wave power to generate electricity. The company signed an engineering deal with Lockheed Martin, giving the stock a charge," the Globe stated at the time.OPTT jumped 63% on the news, but it's been downhill ever since. The Bottom Line on OPTT StockOcean Power Technologies went public in April 2007, raising $90.1 million in net proceeds. It rode that cash until 2013, when it started to issue shares to raise capital to stay afloat. It most recently raised $15 million in 2019 to fund operations.At this point, issuing stock is the only hope it has. Nobody in their right mind would lend the company money.Yes, I think it's great that it's pursuing renewable energy. But it's been 35 years without anything to show for it, so I think it's time it finds a buyer for its technology.Is the company worth more than 83 cents to a strategic buyer? I couldn't tell you. What I do know is that if you're making a bet that it is worth more, I recommend you don't put OPTT stock in anything but a taxable account.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Under-the-Radar European Stocks to Buy for 2020 * 7 Industries Using AI to Benefit Shareholders Around the World * 5 Chinese Stocks to Buy When Coronavirus Fears Fade The post Do Not Put Ocean Power Technologies Stock in Your 401k appeared first on InvestorPlace.
- 01/31/2020
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6 Electrical Equipment & Parts Stocks Moving In Wednesday's Session
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• Orion Energy Systems, Inc. (NASDAQ:OESX) shares surged 4.8% to $4.99 during Wednesday's regular session.
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- 01/22/2020
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- 01/21/2020
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Ocean Power Technologies shares are trading lower after the company filed for a 5.4 million share common stock offering by selling shareholder.
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- 01/20/2020
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Ocean Power Shares Spike Over $1 Level As Traders Circulate LinkedIn Post From Co. From ~30 Mins Ago
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Ocean Power Technologies (NASDAQ:OPTT) Will Have To Spend Its Cash Wisely
- Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
- 12/21/2019
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Ocean Power Technologies Announces Second Quarter Fiscal 2020 Results
- Landmark PB3 PowerBuoy® Sale Investor Conference Call and Webcast on December 10, 2019 at 11:00 A.M. ET MONROE TOWNSHIP, N.J., Dec. 09, 2019 -- Ocean Power Technologies,.
- 12/09/2019
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Ocean Power Technologies Q2 EPS $(0.51) Down From $(0.21) YoY, Sales $204K Up From $141K YoY
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Ocean Power Technologies Announces Commercial Update
- MONROE TOWNSHIP, N.J., Nov. 07, 2019 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative ocean energy solutions, today announced it will host a Commercial.
- 11/07/2019
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Ocean Power Technologies To Give Commercial Update At 11:0 a.m. ET
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Jeffrey R. Wiener Joins Ocean Power Technologies as Vice President of Global Sales
- Ocean Power Technologies, Inc. (OPTT) a leader in innovative ocean energy solutions, today announced that Jeffrey R. Wiener has joined the company as Vice President of Global Sales. Prior to joining OPT, Jeff was Senior Vice President of Sales for EOS Energy Storage, where he helped to develop and commercialize Eos’s proprietary zinc hybrid battery storage solution.
- 11/05/2019
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Binance.US to list its 21st cryptocurrency, Waves | CryptoSlate
- Binance US, the US-based arm of crypto exchange giant Binance, has continued its aggressive listing policy announcing it will be adding support for the native token of the Waves smart contract platform, WAVES, on the 29th of October. According to a blog post by the San Francisco-registered firm, users can now start depositing Waves on Binance US […]
- 10/29/2019
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6 Industrials Stocks Moving In Monday's Pre-Market Session
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Ocean Power Technologies Enters into $10 million Common Stock Purchase Agreement with Aspire Capital Fund
- Ocean Power Technologies, Inc. (OPTT), a leader in innovative ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the “Purchase Agreement”) with Aspire Capital Fund, LLC (“Aspire Capital”) to sell up to $10 Million in common stock to Aspire Capital over a term of 30 months. “We are excited to renew our partnership with Aspire Capital and the flexibility to potentially access capital on a cost-effective basis,” said George H. Kirby, President and Chief Executive Officer of Ocean Power Technologies.
- 10/25/2019
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Ocean Power Technologies Reports $10M Common Stock Purchase Deal With Aspire Capital Fund
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Ocean Power Technologies to Attend OCEANS 2019 Seattle Conference
- MONROE TOWNSHIP, N.J., Oct. 24, 2019 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it.
- 10/24/2019
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Ocean Power Technologies to Attend OCEANS —…–9 Seattle Conference
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Does Ocean Power Technologies, Inc.'s (NASDAQ:OPTT) CEO Salary Reflect Performance?
- In 2015 George Kirby was appointed CEO of Ocean Power Technologies, Inc. (NASDAQ:OPTT). This report will, first...
- 10/22/2019
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Edited Transcript of OPTT earnings conference call or presentation 18-Sep-19 3:00pm GMT
- Q1 2020 Ocean Power Technologies Inc Earnings Call
- 09/23/2019
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Ocean Power Technologies Announces Two Contracts With Enel Green Power Chile; Contracts Have Combined Value Of Over $1.9M
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Ocean Power Technologies, Inc. (OPTT) CEO George Kirby on Q1 2020 Results - Earnings Call Transcript
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A Look At Benzinga Pro's Most-Searched Tickers For September 17, 2019
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Ocean Power Technologies only industrial gainers; NN among losers
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Mid-Afternoon Market Update: Dow Falls Over 500 Points; Fuwei Films Shares Spike Higher
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Ocean Power Technologies Announces Successful North Sea Deployment Of PB3 PowerBuoy For Premier Oil
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Ocean Power Technologies Q4 GAAP EPS $(1.05), Sales $191K Down From $222K YoY
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Ocean Power Technologies Receives European Patent
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Ocean Power Technologies 8-K Shows Contract Amendment With Premier Oil UK To Amend Terms Of Deal By Modifying Contract Milestones Such That Delivery Of PB3 For Initial Trial Phase Shall Occur No Later Than Jul. 19, 2019
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A Look At Benzinga Pro's Most-Searched Tickers For June 21, 2019
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Ocean Power Technologies Receives US Patent For Its Power Take-Off System For Use With Wave Energy Conversion Buoys
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Ocean Power Technologies Reports Has Regained Nasdaq Listing Compliance
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Beazer Homes USA leads industrial gainers; Ocean Power Technologies and LightPath Technologies among losers
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- 05/20/2019
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50 Biggest Movers From Yesterday
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Ocean Power Technologies Highlights Its PB3 PowerBuoy Has Produced OVer One Mega-Watt Hour To Date
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Mid-Afternoon Market Update: Amber Road Surges On Acquisition News; FutureFuel Shares Slide
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Benzinga Pro's Top 8 Most-Searched Tickers For Morning of Mon., May 13, 2019
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Ocean Power Shares Volatile, Spike To Session High As Traders Circulate US PTO Abstract For 'Power take off system for wave energy converter buoy'
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Getting Your Trading Day Off On The Right Foot: $5,000 In The First 5 Minutes
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Benzinga Pro's Top 10 Most-Searched Tickers For Morning Of Fri., Apr. 5, 2019
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Ocean Power Technologies shares are trading lower after the company announced a $15 million offering priced at $3.50 per share.
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Ocean Power Technologies shares are trading higher after the company announced it won a contract with a leading oil and gas operator for a 12-week paid feasibility study; financial terms were not disclosed.
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