Ocean Power Technologies Announces Third Quarter Fiscal 2019 Results
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: GlobeNewswire
MONROE TOWNSHIP, N.J., March 11, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today released operational and financial results for its third quarter and first nine months of fiscal 2019 ended January 31, 2019. Fiscal Third Quarter and Year to Date Operational Highlights Awarded a contract with the US Navy in February 2019 with a total potential contract value of $225,000. This contract calls for OPT to immediately begin development of a buoy mooring system, incorporating fiber optics for the transmission of subsea sensor data to airplanes, ships, and satellites;Signed a joint development and marketing agreement with Saab Seaeye in late January 2019, with an initial focus on autonomous underwater vehicle (AUV) and remotely operated underwater vehicle (eROV) charging and communications systems;Signed a letter of intent in December 2018 to enter into a long-term s
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News
- Ocean Power Technologies Unveils Versatile New Generation of Buoy Systems [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive Compensation [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive CompensationAccesswire
- Wave and Tidal Energy Market Size Projected to Surge $5.1 Billion Growth by 2033, Exhibit a CAGR of 12.5% [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium [Yahoo! Finance]Yahoo! Finance
OPTT
Sec Filings
- 4/22/24 - Form DFAN14A
- 4/17/24 - Form SC
- 4/17/24 - Form 8-K
- OPTT's page on the SEC website