Ocean Power Technologies, Inc. - Common Stock (OPTT)
0.5100
+0.0100 (2.00%)
Ocean Power Technologies, Inc. is a renewable energy company that specializes in the development and commercialization of innovative ocean wave energy systems
The company focuses on harnessing the energy produced by ocean waves to generate clean electricity, primarily through its proprietary PowerBuoy technology. Ocean Power Technologies aims to provide sustainable energy solutions for various markets, including offshore oil and gas, coastal surveillance, and remote power applications, while contributing to the global transition towards renewable energy sources.
Ocean Power Technologies shares are trading higher by 8.9% Thursday morning. The company secured a contract with a new European Offshore Services Provider.
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSEOPTT) concerning the Company and its directors’ and officers’ possible violations of state laws.
MONROE TOWNSHIP, NJ / ACCESSWIRE / January 9, 2025 / Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American:OPTT), is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.
OPTT shares down after reporting preliminary Q2 results with revenue exceeding $2M and net loss decreasing by 40%. Company expects to achieve profitability by Q4 2025.
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