News Releases

PENNINGTON, N.J. , May 02, 2017 (GLOBE NEWSWIRE) -- OCEAN POWER TECHNOLOGIES, INC. (NASDAQ:OPTT), today announced the closing of its previously announced underwritten public offering of 5,385,000 shares of its common stock at an offering price of $1.30 per share.

PENNINGTON, N.J. , April 27, 2017 (GLOBE NEWSWIRE) -- OCEAN POWER TECHNOLOGIES, INC. (NASDAQ:OPTT) , today announced the pricing of an underwritten public offering of 5,385,000 shares of its common stock at a price to the public of $1.30 per share. The gross proceeds to Ocean Power Technologies,

PENNINGTON, N.J. , April 21, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced today that a PB3 PowerBuoy was deployed off the coast of Kozu-shima Island in Japan as part of its first lease agreement with Mitsui Engineering and Shipbuilding (“MES”).

PENNINGTON, N.J. , April 06, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) today announced that it has selected Monroe, NJ for its new corporate headquarters and manufacturing center. “Our ability to deliver PowerBuoys to our customers is a critical factor in executing our

PENNINGTON, N.J. , April 04, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced today that it will be attending one of the largest offshore ocean technology events in the world: The Offshore Technology Conference (OTC)  to be held in Houston, TX from May 1 st through

PENNINGTON, N.J. , March 09, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced today announced that George Kirby , President and Chief Executive Officer, and Matthew Shafer , Chief Financial Officer and Treasurer, will present at the 29th Annual Roth Capital Partners

PENNINGTON, N.J. , March 07, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) today announced financial results for its Fiscal 2017 third quarter ended January 31, 2017 . George H. Kirby , President and Chief Executive Officer of OPT, stated, "I am pleased to announce the third

PENNINGTON, N.J., Feb. 06, 2017 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) and HAI Technologies Corp. announced today a strategic alliance to pursue mutual opportunities through a joint applications development and marketing agreement with an initial

PENNINGTON, N.J. , Dec. 09, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq:OPTT) today announced financial results for its Fiscal 2017 second quarter ended October 31, 2016 . George H. Kirby , President and Chief Executive Officer of OPT, stated, "We continue to make measurable

PENNINGTON, N.J., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) and Sonalysts, Inc. announced today that they are partnering to explore and pursue mutual opportunities through a joint marketing agreement in defense and oil and gas