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Stock impact report

OPT to Deliver Multiple Buoy Solution to U.S. Department of Homeland Security in Partnership with Anduril

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: GlobeNewswire
MONROE TOWNSHIP, N.J., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the award of a multi-buoy contract greater than $5 million to deploy and operate MERROWS®-equipped PowerBuoy® systems in support of a U.S. Coast Guard mission under the U.S. Department of Homeland Security to protect the homeland. This demonstration will enable persistent and resident maritime domain awareness (MDA) off the coast of San Diego, California. As part of the demonstration, the four PowerBuoy® platforms will integrate into the Department of Homeland Security’s (DHS) chosen C5I environment and will be deployed alongside several Anduril surveillance towers, forming an integrated sensing architecture. All data streams — including buoy-based sensors and tower-based sensors — will feed into Anduril’s Lattice Command-and-Control (C2) Show less Read more
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