News Releases

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 14, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announced financial results for its fiscal 2013 first quarter ended July 31, 2012 . Highlights Net loss decreased to $4.4 million for the three months ended July 31, 2012

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 10, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced that it will release its fiscal 2013 first quarter financial results before the market opens on Friday, September 14,

PENNINGTON, N.J. --(BUSINESS WIRE)--Sep. 4, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announced that it has entered into a Cooperative Research and Development Agreement (“CRADA”) with the U.S. Department of Homeland Security (“DHS”) Science &

License is the first to be issued for a wave power station in the United States PENNINGTON, NJ --(BUSINESS WIRE)--Aug. 20, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or "the Company") today announced that its wholly-owned Oregon subsidiary, Reedsport OPT Wave Park, LLC , has

PENNINGTON, N.J. --(BUSINESS WIRE)--Jul. 13, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announces financial results for its fiscal 2012 fourth quarter and the year ended April 30, 2012 . Highlights Operating loss was $16.6 million for the twelve months ended

PENNINGTON, NJ and BALTIMORE, MD – July 11, 2012 – Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leading wave energy technology company, and Lockheed Martin (NYSE:LMT) have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Portland, in the state of

PENNINGTON, N.J. --(BUSINESS WIRE)--Jun. 28, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced that it will release its fiscal fourth quarter and full year 2012 financial results before the market opens on

Significant milestone towards PB150 deployment off Reedsport, Oregon PENNINGTON, N.J. --(BUSINESS WIRE)--Jun. 18, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced the successful completion of extensive factory

PENNINGTON, N.J. --(BUSINESS WIRE)--Mar. 9, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”) today announces financial results for its fiscal 2012 third quarter and nine months ended January 31, 2012 . Recent Highlights Operating loss at $12.4 million was significantly

PENNINGTON, N.J. --(BUSINESS WIRE)--Mar. 5, 2012-- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or "the Company"), a leading wave energy technology company, today announced that it will participate in the 24th Annual Roth Capital Conference on March 14, 2012 at the Ritz-Carlton in Laguna