OPTT - Ocean Power Technologies, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
1.9000
-0.1600 (-7.77%)
At close: 4:00PM EDT
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Previous Close2.0600
Open2.0300
Bid0.0000 x 3000
Ask0.0000 x 1300
Day's Range1.9000 - 2.0500
52 Week Range1.3600 - 16.2000
Volume356,144
Avg. Volume375,520
Market Cap10.966M
Beta (3Y Monthly)1.58
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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All
News
Press Releases
  • GlobeNewswire

    Ocean Power Technologies Announces First Quarter Fiscal 2020 Results

    MONROE TOWNSHIP, N.J., Sept. 16, 2019 -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy.

  • Ocean Power Technologies Announces the Successful North Sea Deployment of the PB3 PowerBuoy® for Premier Oil
    GlobeNewswire

    Ocean Power Technologies Announces the Successful North Sea Deployment of the PB3 PowerBuoy® for Premier Oil

    This latest deployment of a PB3 PowerBuoy® will serve Premier as an autonomous intelligent platform to provide communications and remote monitoring services at Premier’s Huntington field in the central North Sea. During the deployment, Premier will demonstrate the PB3 PowerBuoy® capabilities, its ability to monitor the local environment and alert ships of the field’s safety zone as a potential solution to help with their future decommissioning related operations.

  • ACCESSWIRE

    Ocean Power Technologies, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Ocean Power Technologies, Inc. (NASDAQ: OPTT ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on July 23, 2019 at ...

  • GlobeNewswire

    Ocean Power Technologies Announces Fiscal 2019 Fourth Quarter and Full Year Results

    MONROE TOWNSHIP, N.J., July 22, 2019 -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy.

  • GlobeNewswire

    Ocean Power Technologies Announces the Date for the Release of Fourth Quarter and Fiscal Year 2019 Results, Conference Call and Webcast

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will release operational and financial results for its fourth quarter and fiscal year 2019 on Monday, July 22, 2019 after the market closes. Ocean Power Technologies’ management will host a conference call and webcast to review its financial and operating results on Tuesday, July 23, 2019 at 9:00 a.m. Eastern Time. Interested parties may access the conference call by dialing 1-877-407-8291 (toll free in the U.S.) or 201-689-8345 for international callers.

  • GlobeNewswire

    Ocean Power Technologies Receives U.S. Patent for its Power Take-Off System for use with Wave Energy Conversion Buoys

    Ocean Power Technologies, Inc. (OPTT) (“OPT”, or “the Company”), a leader in innovative and cost-effective ocean energy solutions, announced today that the Company has received a new U.S. patent for its Power Take-Off (PTO) System which is the mechanical heart of the PB3 PowerBuoy®. Ocean waves that pass-by the PowerBuoy® create a relative linear motion between the float and the spar components of the PB3. George H. Kirby, President and Chief Executive Officer of OPT, stated, “This new patent provides significant additional protection for our proprietary technology that enables the PowerBuoy® to be deployed and to perform autonomously in the toughest waters in the world.

  • GlobeNewswire

    Ocean Power Technologies to Present at the 9th Annual LD Micro Invitational in Los Angeles, CA

    MONROE TOWNSHIP, N.J., May 23, 2019 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy.

  • GlobeNewswire

    Ocean Power Technologies Regains NASDAQ Listing Compliance

    MONROE TOWNSHIP, N.J., May 21, 2019 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy.

  • GlobeNewswire

    Ocean Power Technologies Announces Commercialization Update Conference Call on Thursday, May 16, 2019

    Ocean Power Technologies, Inc. (OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy solutions, announced today that it will host a conference call on Thursday, May 16, 2019 at 10:00 a.m. Eastern time to provide a commercial update on its new product introductions, sales pipeline, strategic partnerships and overall blueprint for growth.  The Company will provide a presentation to accompany the call which will be available on the Company’s website at www.oceanpowertechnologies.com.

  • GlobeNewswire

    Ocean Power Technologies’ PB3 PowerBuoy® Achieves Key Milestone, Generating Over One Megawatt-Hour of Cumulative Energy

    Ocean Power Technologies, Inc. (OPTT), (OPT, or the Company) a leader in innovative and cost-effective ocean energy solutions, announced today that the Company's PB3 PowerBuoy® deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date.  The PowerBuoy® has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility.

  • GlobeNewswire

    Ocean Power Technologies to Exhibit at the 2019 Offshore Technology Conference

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, will be an exhibitor at the Offshore Technology Conference (OTC) 2019 from May 6-9, 2019 at the NRG Park in Houston, TX. OPT has now attended OTC, one of the largest and most-recognized offshore industry conferences, for three consecutive years. Investors, members of the media, and other interested parties are invited to drop by Booth #10945, located just outside of the Hall A entrance at the NRG Center, to speak to OPT representatives regarding their latest technology and developments.

  • GlobeNewswire

    Ocean Power Technologies to Exhibit at Sea-Air-Space – The Navy League’s Global Maritime Exposition

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today the company will be an exhibitor at the U.S. Navy League’s Sea-Air-Space Exposition at the Gaylord National Convention Center, in National Harbor, Maryland, May 6th through May 8th.

  • GlobeNewswire

    Ocean Power Technologies Closes Previously Announced Public Offering

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the closing of its previously announced offering of common stock, pre-funded warrants and common warrants (the “Offering”).  At the closing, the Company issued 900,000 shares of common stock, pre-funded warrants exercisable for 3,385,680 shares of common stock and common warrants exercisable for 4,285,680 shares of common stock. In addition, the Company issued 642,000 shares of common stock and common warrants exercisable for 642,000 shares of common stock, pursuant to the exercise, in full, of the over-allotment option by the underwriter in the Offering.

  • GlobeNewswire

    Ocean Power Technologies and Acteon Field Life Service Announce Collaborative Agreement

    MONROE TOWNSHIP, N.J., April 04, 2019 -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative ocean energy solutions, and Acteon Field.

  • GlobeNewswire

    Ocean Power Technologies, Inc. Prices $15,000,000 Public Offering

    Ocean Power Technologies, Inc. (OPTT) (“OPT” OR THE “COMPANY”), today announced the pricing of an underwritten public offering with gross proceeds of approximately $15,000,000, before deducting underwriting discounts, commissions and other offering expenses. The offering consists of: (i) 4,285,680 shares of our Common Stock together with a number of Common Warrants to purchase 4,285,680 shares of our Common Stock, and/or (ii) Pre-Funded Warrants, with each Pre-Funded Warrant exercisable for one share of Common Stock, together with a number of Common Warrants to purchase 4,285,680 shares of our Common Stock. The Common Stock will have a purchase price of $3.50 per share.

  • GlobeNewswire

    Ocean Power Technologies Wins Contract with Leading Oil & Gas Operator

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, has signed a contract with a leading oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s products and services in monitoring subsea wells during decommissioning activities. George H. Kirby, President and Chief Executive Officer of Ocean Power Technologies, commented, “This study will evaluate the use of our PowerBuoys® in monitoring multiple customer wells during oil field decommissioning activities in the very deep and challenging waters of the Gulf of Mexico.  We believe our solutions will reduce the cost of our customer’s operations and will also increase safety and improve operational flexibility by providing an unmanned, autonomous power and communications platform.  Feasibility studies are an excellent way for us to apply our solutions as the first step toward deploying our products within customer operations.

  • ACCESSWIRE

    Microgrid Tech Could Solve Major Cannabis Problem

    HENDERSON, NV / ACCESSWIRE / April 1, 2019 / According to the Cannabis Energy Report released by New Frontier Data last October, the production of legal cannabis is projected to consume 162 % more energy ...

  • GlobeNewswire

    Ocean Power Technologies Signs Master Service Contract with a Leading Offshore Oil and Gas Operator

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that it signed a Master Service Contract (the “Contract”) with a leading offshore oil and gas operator. The Contract will govern all work with this customer within the U.S. and the U.S. outer continental shelf, including the provision of goods and services.

  • GlobeNewswire

    Ocean Power Technologies Announces Third Quarter Fiscal 2019 Results

    MONROE TOWNSHIP, N.J., March 11, 2019 -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy.

  • GlobeNewswire

    Research Report Identifies E*TRADE Financial, Kennedy-Wilson, Alteryx, PTC Therapeutics, Ocean Power Technologies, and NuVasive with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement

    NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • GlobeNewswire

    Ocean Power Technologies Announces the Date for the Release of the Third Quarter Fiscal 2019 Results, Conference Call and Webcast

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will release financial and operational results for its third quarter and first nine months of fiscal 2019 on Monday, March 11, 2019 after the market closes. The Company will host a conference call and webcast to review the third quarter financial and operating results on Tuesday, March 12, 2019 at 11:00 a.m. Eastern Time. Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call available on the investor relations section of the Company’s website at https://www.oceanpowertechnologies.com.

  • GlobeNewswire

    Ocean Power Technologies Announces United States Navy Contract Award

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) (OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced a contract award from the United States Navy valued at $125,000, and an additional three options totaling $100,000 for a total potential contract value of $225,000. Under this contract, OPT will immediately begin the development of a buoy mooring system which incorporates fiber optics for the transmission of subsea sensor data to airplanes, ships, and satellites. OPT will execute the work under its Innovation & Support Services line and will leverage its many years of experience with marine systems and U.S. Navy programs to address the Navy’s need for reliable and low-cost “optical-mechanical mooring cables”.

  • GlobeNewswire

    Ocean Power Technologies and Saab Seaeye Announce a Joint Development and Marketing Agreement

    Ocean Power Technologies, Inc. (OPTT), a leader in innovative ocean energy solutions, and Saab Seaeye Ltd, the world’s largest manufacturer of electric underwater robotic systems, today announced a non-exclusive agreement to pursue mutual opportunities through joint system solution development and marketing. The agreement anticipates a preliminary focus on autonomous underwater vehicle (AUV) and remotely operated underwater vehicle (ROV) charging and communications systems.

  • GlobeNewswire

    Ocean Power Technologies Receives $0.9 Million of Non-Dilutive Funding Through the New Jersey Economic Development Authority’s Technology Business Tax Certificate Transfer Program

    Ocean Power Technologies, Inc. (OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it recently received $0.9 million of non-dilutive funding through the New Jersey Economic Development Authority’s Technology Business Tax Certificate Transfer Program (the “Program”). The Program enables companies to raise funding to finance their growth and operations and is administered by the New Jersey Economic Development Authority (NJEDA) and the New Jersey Department of the Treasury’s Division of Taxation.  Under the Program, New Jersey-based technology and biotechnology companies with fewer than 225 US employees may be eligible to sell net operating losses (NOLs) and research and development tax credits to unaffiliated corporations up to a maximum lifetime benefit of $15 million per business.

  • GlobeNewswire

    Ocean Power Technologies' PowerBuoy™ Successfully Deployed in the Adriatic Sea by Eni

    MONROE TOWNSHIP, N.J., Dec. 19, 2018 -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that.