Ocean Power Technologies Timeline

Events

• 2026-08-05 - Contract Award - NAVO names Ocean Power Technologies one of six $40m ocean-survey IDIQ awardees - The shared contract ceiling is $40 million and does not represent booked revenue for any single awardee. Individual firm-fixed-price task orders will be competed among the six selected companies. The 24-month ordering period runs from August 2026 through… - source: oceanpowertechnologies.gcs-web.com
• 2026-07-17 - Market Signal - Ocean Power Technologies WAM-V selected for further U.S. government assessment - OPT said the U.S. Government selected WAM-V for further engagement after a competitive capability assessment. The update deepens government assessment of the maritime drone platform but does not constitute a contract award. The signal is relevant to… - source: globenewswire.com
• 2026-06-24 - Commercial Order - Ocean Power Technologies deploys Rutgers PowerBuoy and wins Stevens WAM-V order - The Rutgers PowerBuoy is installed and operational off New Jersey for ocean research and environmental monitoring. Stevens Institute ordered a WAM-V unmanned surface vehicle for advanced marine research and development. The event combines offshore power… - source: globenewswire.com