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Stock impact report

Ocean Power Technologies Deploys Autonomous PowerBuoy Supporting Persistent Maritime Domain Awareness for U.S. Homeland Security Operations

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: GlobeNewswire
MONROE TOWNSHIP, N.J., April 13, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful deployment of the first PowerBuoy® system under its previously announced contract with the U.S. Department of Homeland Security (DHS). The system has been deployed off the coast of California to support maritime domain awareness operations for the U.S. Coast Guard. The deployment marks a key operational milestone in the program and represents the transition of OPT’s autonomous offshore monitoring infrastructure into active mission support. The PowerBuoy® system is designed to provide persistent offshore power, communications, and sensor integration to support long-endurance maritime surveillance and security operations. OPT’s PowerBuoy platform enables continuous monitoring of maritime environments while operating autonom Show less Read more
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