News Releases

Contractual Milestone Triggers Revenue Recognition MONROE TOWNSHIP, N.J. , Sept. 10, 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

Contractual Milestone Triggers Over $0.3M Revenue Recognition 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,

Exceeds four months of deployment with Merrows™ equipped system MONROE TOWNSHIP, N.J. , Sept. 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,

MONROE TOWNSHIP, N.J. , Sept. 03, 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 received a further contract by the

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

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

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

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

Includes Completion of First WAM-V Order MONROE TOWNSHIP, N.J. , July 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, is thrilled to announce

Significant Improvement in Revenue and Gross Margin 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