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Ocean Power TechnologiesNYSE American: OPTT

Profile

Country:

United States

IPO:

25 April 2007

Next earnings report:

13 December 2024

Last dividends:

N/A

Next dividends:

N/A
$15.77 M
-86%vs. 3y high
10%vs. sector
-vs. 3y high
-vs. sector
-66%vs. 3y high
21%vs. sector
-96%vs. 3y high
74%vs. sector

Price

regular market | 5 min ago
$0.16+$0.01(+7.26%)

Dividend

No data over the past 3 years
$1.30 M-$4.45 M

Analysts recommendations

Institutional Ownership

OPTT Latest News

Ocean Power Technologies secures major US Navy project - ICYMI
proactiveinvestors.com02 November 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies Secures Follow-On Order for WAM-V 8 and Delivers WAM-V 16 and WAM-V 22 to Latin America
globenewswire.com31 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies demonstrates defense capabilities with completion of Project Overmatch milestone
proactiveinvestors.com28 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies Completes Major Milestone for Naval Information Warfare Center Pacific's Project Overmatch
globenewswire.com28 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE
globenewswire.com21 October 2024 Sentiment: POSITIVE

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

Ocean Power Technologies to showcase autonomous vehicle at Abu Dhabi event
proactiveinvestors.com16 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group
globenewswire.com16 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies expands in Middle East
proactiveinvestors.co.uk14 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies Appoints Authorized Service Partner in Kuwait for PowerBuoys® and WAM-Vs®
globenewswire.com14 October 2024 Sentiment: POSITIVE

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.

Ocean Power Technologies Confirms Shipment of AI capable Merrows™ PowerBuoy® for the Middle East
globenewswire.com07 October 2024 Sentiment: POSITIVE

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®.

What type of business is Ocean Power Technologies?

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

What sector is Ocean Power Technologies in?

Ocean Power Technologies is in the Industrials sector

What industry is Ocean Power Technologies in?

Ocean Power Technologies is in the Specialty Industrial Machinery industry

What country is Ocean Power Technologies from?

Ocean Power Technologies is headquartered in United States

When did Ocean Power Technologies go public?

Ocean Power Technologies initial public offering (IPO) was on 25 April 2007

What is Ocean Power Technologies website?

https://www.oceanpowertechnologies.com

Is Ocean Power Technologies in the S&P 500?

No, Ocean Power Technologies is not included in the S&P 500 index

Is Ocean Power Technologies in the NASDAQ 100?

No, Ocean Power Technologies is not included in the NASDAQ 100 index

Is Ocean Power Technologies in the Dow Jones?

No, Ocean Power Technologies is not included in the Dow Jones index

When was Ocean Power Technologies the previous earnings report?

No data

When does Ocean Power Technologies earnings report?

The next expected earnings date for Ocean Power Technologies is 13 December 2024