NewsMV
OPTT shares are in focus after Ocean Power Technologies, Inc. filed an 8-K reporting entry into a material definitive agreement, paired with fiscal year 2026 results that attempt to reframe the Monroe Township, N.J.
company as an operational defense technology provider. Full-year revenue was $4.1 million, backlog closed at a record $19.8 million, and the company's largest-ever contract, a $6.5 million U.S.
Coast Guard maritime domain awareness program, is now in active deployment. CEO Philipp Stratmann and CFO Bob Powers host the earnings call July 24, 2026 at 9:00 a.m.
The Coast Guard deployment and a back-weighted revenue profile The $6.5 million multi-PowerBuoy maritime domain awareness contract with the U.S. Coast Guard is the operational milestone OPT has been pointing toward.
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