Ocean Power Technologies Inc   (OPTT)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Ocean Power Technologies Inc's Suppliers Performance

OPTT's Supply Chain

OPTT Costs vs Sales of Suppliers Growth

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  News about Ocean Power Technologies Inc Contracts

Ocean Power Technologies Optimizes Maritime Security with Multi-Million Dollar Contracts and International Partnerships

In an unprecedented intersection of maritime innovation with defense solutions, Ocean Power Technologies, Inc., a forerunner in the innovative sphere of cost-effective, low-carbon marine power, data and service solutions, capped off the fiscal year with a series of high-profile collaborations and contracts. Partnering with a major international defense contractor, the company extends its reach and influence by mass-deploying its specialized suite of solutions known as the Merrows.Striking the alliance in mid-April 2024, the collaborative effort primarily focuses on certain geographical regions that hold strategic importance. The partnership constitutes the deployment of Ocean Power Technologies' revolutionar...

Ocean Power Technologies Boosts US National Security with $6.5M Maritime Awareness Buoy Contract

Ocean Power Technologies, Inc. (NYSE American: OPTT), an innovative leader specializing in cost-effective and low-carbon marine power, data, and service solutions, recently made an announcement that will have a substantial impact on the maritime security sector. The company, also known as OPT or the Company, has secured a letter contract from a US-based prime contractor for multiple maritime domain awareness buoys, signaling an important movement towards fortifying US national security and intelligence.
Situated in Monroe Township, N.J., OPT unveiled the news of this multi-buoy letter deal on December 11, 2023, indicating the deal comes with an impressive $6.5 million cap. This signifies a robust f...

Ocean Power Technologies Inc's Comment on Supply Chain

OPTT's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

Ocean Power Technologies Inc 11.07 3.81 -26.98 -
SUBTOTAL 0.00 0.00 0.00 -


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