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0.0283950617283951 0.0367901234567902 0.0202469135802469 0.0274074074074074 0.00864197530864198 0.00469135802469139 0.0217283950617285 0.0395061728395062
Stock impact report

Ocean Power Technologies Highlights Strategic Relevance of Autonomous Maritime Systems Amid Heightened Regional Tensions

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: GlobeNewswire
MONROE TOWNSHIP, N.J., March 02, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a provider of autonomous maritime systems and offshore power solutions, today underscored the growing strategic importance of persistent maritime domain awareness and offshore infrastructure protection as instability in the Middle East places key global shipping corridors and energy assets under increased focus. The Company confirms that its regional partners and team members in the Middle East are safe and remain in close coordination with the Company. OPT’s operations and customer support activities also continue without disruption. Global commerce and national security operations rely heavily on maritime corridors across the Middle East and other strategically sensitive regions. Heightened tensions reinforce the need for scalable, persistent offshore monitoring solutions capable of protecting ports, subsea infrastructure, and offshore energy installations, particularl Show less Read more
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