Ocean Power Technologies Receives Approximately $1.5 Million U.S. Coast Guard Order for Installation and Deployment of Operational Buoy Systems
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: GlobeNewswire
MONROE TOWNSHIP, N.J., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard (USCG) for the installation and deployment of buoy systems previously ordered. This award completes the acquisition cycle and enables near-term fielding of the systems in support of Department of Homeland Security (DHS) maritime security missions. The Company expects this order to contribute to near-term revenues as installation and deployment activities commence. Under the scope of work, OPT will execute deployment, commissioning, and operational activation to ensure the systems are fully integrated and mission ready. The buoys are expected to enter active service shortly following installation. Jason Weed, SVP Commercial Sales, noted "OPT's expanding focus on defense and security has enabled us to engage more deeply with our customers,
Show less
Read more
Impact Snapshot
Event Time:
OPTT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPTT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPTT alerts
High impacting Ocean Power Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
OPTT
News
- Ocean Power Technologies receives $1.5M US Coast Guard purchase order [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies reports progress on offshore autonomy initiatives [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Provides Operational Update on Global Deployments and Infrastructure DevelopmentGlobeNewswire
- Ocean Power Technologies (NASDAQ:OPTT) was upgraded by analysts at LADENBURG THALM/SH SH to a "strong-buy" rating.MarketBeat
- Is Ocean Power Technologies' (OPTT) Expanded Equity Plan Quietly Redefining Its Maritime Tech Ambitions? [Yahoo! Finance]Yahoo! Finance
OPTT
Sec Filings
- 2/24/26 - Form 8-K
- 2/6/26 - Form S-8
- 1/30/26 - Form 4
- OPTT's page on the SEC website