Consider, for the first time OPTT released data from a Navy contract.
Okay, why is that important, you ask?
Well previously, the company had claimed the Navy prohibited release of the data because it would reveal information helpful to an adversary. That's fair enough. The Navy likes secrecy. Nothing new in that.
But now the Navy reverses itself, and permits release. Shouldn't you ask yourself, Why now? Why is secrecy no longer needed? The obvious answer is that the Navy has no need to keep secret a program they have dropped. One they no longer have any plan on implementing.
So that could be why the market is snoozing through the "good news".