OPTT Ocean Power Technologies, Inc.
Price Chart
Executive Summary
Ocean Power Technologies announced an expansion of its global deployment footprint, increasing PowerBuoy deployments from one to five concurrent systems in the U.S., including three for the Department of Homeland Security, and deploying WAM-V autonomous surface vehicles and PowerBuoys internationally in the UAE, Taiwan, and other regions. The press release contains no financial figures, contract values, or revenue guidance — it is a qualitative operational update.
Actionable Insight
This is a qualitative operational update with no hard financial data — the stock may see a modest positive reaction from the narrative of multi-agency U.S. government adoption, but without contract values or revenue guidance, the impact is limited. Monitor upcoming 10-Q for any revenue contribution from these deployments.
Key Facts
- PowerBuoy deployments increased from 1 to 5 concurrent systems in the U.S.
- Three PowerBuoy systems support U.S. Department of Homeland Security activities.
- One PowerBuoy supports Department of War research for the U.S. Navy.
- Three WAM-V autonomous surface vehicles and one PowerBuoy deployed in the UAE.
- Additional WAM-V deployments supporting customer activities in Taiwan and other regions.
- No financial figures, contract values, or revenue guidance disclosed in the filing.
Financial Impact
No financial figures disclosed; operational expansion with no quantified revenue or contract value.
Risk Factors
- No contract values or revenue guidance provided — deployment expansion does not guarantee revenue.
- Forward-looking statements are heavily caveated with risks around contract conversion and revenue realization.
- Historical performance on OPTT shows low win rate (43%) and near-zero average alpha at T+20, suggesting limited trading edge on this type of news.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-024820 |
| Exhibit: ex99-1.htm | 0001493152-26-024820 |
| Document: 0001493152-26-024820-index-headers.html | 0001493152-26-024820 |
| Document: 0001493152-26-024820-index.html | 0001493152-26-024820 |
| Document: 0001493152-26-024820.txt | 0001493152-26-024820 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 9, 2026
today
|
8-K
| $0.2840 awaiting T+5 | awaiting T+5 | — | $0.3000 (+5.63%) |
|
Jun 8, 2026
1d ago
|
424B5
| $0.2912 awaiting T+5 | awaiting T+5 | — | $0.3000 (−3.02%) |
|
May 21, 2026
19d ago
|
8-K
| $0.3600 $0.3900 | ▲ +8.33% | ▲ +6.66% | $0.3000 (−16.67%) |
|
Apr 13, 2026
8w ago
|
Press Release
| $0.3800 $0.3800 | · 0.00% | ▼ −3.30% | $0.3000 (−21.05%) |
|
Apr 1, 2026
9w ago
|
424B5
| $0.3500 $0.3800 | ▼ −8.57% | ▼ −4.81% | $0.3000 (+14.29%) |
|
Mar 24, 2026
11w ago
|
Press Release
| $0.3700 $0.3500 | ▼ −5.41% | ▼ −4.98% | $0.3000 (−18.92%) |
|
Mar 17, 2026
12w ago
|
Press Release
| $0.3500 $0.3800 | ▲ +8.57% | ▲ +9.29% | $0.3000 (−14.29%) |
|
Mar 11, 2026
12w ago
|
Press Release
| $0.4300 $0.3500 | ▲ +18.60% | ▲ +16.42% | $0.3000 (+30.23%) |
|
Mar 5, 2026
13w ago
|
Press Release
| $0.4100 $0.3800 | ▼ −7.32% | ▼ −5.79% | $0.3000 (−26.83%) |
|
Feb 24, 2026
15w ago
|
8-K
| $0.4100 $0.4200 | ▲ +2.44% | ▲ +3.54% | $0.3000 (−26.83%) |
US Market Status
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