Latest Ocean Power Technologies News & Updates

See the latest news and media coverage for OPT. We track all announcements, press releases, and industry mentions in real time, all in one place.

Ocean Power Technologies (OPT)

Autonomous maritime systems and renewable ocean energy provider

oceanpowertechnologies.com

Headquarters: Monroe Township, United States
Founded year: 1994
Company type: Public company
Number of employees: 90–200
Industry: Renewable Energy Equipment & Services

Last updated Today

Latest news about Ocean Power Technologies (OPT)

In short: OPT secured a $40 million Navy contract, acquired subsea tech assets, and implemented Palantir Foundry to scale maritime operations.

Company announcements

Yesterday OPT

OPT implements Palantir Foundry to scale autonomous maritime operations

The company partners with Foxtrot Services to establish a unified, data-driven operating model for manufacturing, logistics, and fleet management.

August 24 OPT

OPT hosts a fireside chat on operational growth and margins

CEO Philipp Stratmann will discuss record backlogs, defense opportunities, and margin strategies during the August 25 session.

August 5 OPT

OPT qualifies for a $40 million naval contract

The indefinite-delivery agreement funds autonomous maritime platforms and supports oceanographic research missions for the US Navy.

July 30 OPT

OPT delivers an autonomous vessel to Stevens Institute of Technology

The sale converts order backlog into revenue and advances the firm's commercialization of autonomous maritime technology within educational institutions.

Media coverage

August 20 Intellectia AI

Intellectia

Uncertainty Disclaimer: While the ... and does not guarantee any agreements or transactions, highlighting the uncertainties and risks involved in the exploration process. ... Contract...

August 3 The Globe and Mail

Ocean Power wins role in Navy ocean-mapping contract - The Globe and Mail

On August 5, 2026, Ocean Power Technologies announced it had been selected as one of six potential awardees under a $40 million multiple-award, firm-fixed-price IDIQ...

July 29 TradingView

Ocean Power Technologies FY 2026: Revenue $3.74M, Net income $(48.9M) — 10-K Summary

Original SEC Filing: Ocean Power Technologies, Inc. [ OPTT ] - 10-K - Aug.

July 23 The Globe and Mail

Ocean Power Technologies Board Launches Strategic Alternatives Review

Detailed price information for Ocean Power Tech Inc (OPTT-A) from The Globe and Mail including charting and trades.

Never miss news about OPT

Track OPT and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

OPT competitors & trending companies

Browse news for competitors to OPT and other trending companies.