• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Ocean Power Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

    9/16/25 7:11:39 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities
    Get the next $OPTT alert in real time by email
    false 0001378140 0001378140 2025-09-15 2025-09-15 0001378140 OPTT:CommonStock0.001ParValueMember 2025-09-15 2025-09-15 0001378140 OPTT:SeriesPreferredStockPurchaseRightsMember 2025-09-15 2025-09-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    Form 8-K

     

    Current Report Pursuant to Section 13 or 15(d) of
    the Securities Act of 1934

     

    Date of Report (Date of earliest event reported): September 15, 2025

     

    Ocean Power Technologies, Inc.
    (Exact name of registrant as specified in its charter)

     

    Delaware

      001-33417  

    22-2535818

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (I.R.S. Employer

    Identification No.)

     

    28 Engelhard Drive, Suite B

    Monroe Township, New Jersey

     

    08831

    (Address of principal executive offices)  

    (Zip Code)

     

    (609) 730-0400
    (Registrant’s telephone number, including area code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

      ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
         
      ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
         
      ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14-2(b))
         
      ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.133-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol (s)   Name of each exchange on which registered
    Common Stock, $0.001 Par Value   OPTT   NYSE American
    Series A Preferred Stock Purchase Rights   N/A   NYSE American

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

     

     

     

     

     

     

    Item 2.02. Results of Operations and Financial Condition.

     

    On September 15, 2025, Ocean Power Technologies, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal first quarter ended July 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

     

    In accordance with General Instruction B.2 of Form 8-K, the information set forth in Item 2.02 and in the attached Exhibit 99.1 shall be deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

     

    Item 8.01 Other Events.

     

    On September 15, 2025, the Company issued a press release announcing a new U.S. strategic partnership. A copy of the press release is attached hereto as Exhibit 99.2 and is hereby incorporated by reference.

     

    Item 9.01 Financial Statements and Exhibits.

     

    Exhibit Number   Description
         
    *99.1   Press release dated September 15, 2025 regarding fiscal first quarter earnings.
    *99.2   Press release dated September 15, 2025 regarding a strategic partnership.
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

    *Furnished herewith.

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: September 16, 2025

     

      OCEAN POWER TECHNOLOGIES, INC.
       
      /s/ Philipp Stratmann
      Philipp Stratmann
      President and Chief Executive Officer

     

     

     

    Get the next $OPTT alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $OPTT

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $OPTT
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results

    Ocean Power Technologies Backlog Surges 184%Drives Accelerating Growth Outlook MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results for its fiscal first quarter ("1Q26") Highlights include: 1Q26 RESULTS Backlog at July 31, 2025 was $15.0 million, a 184% increase over the 1Q25.Pipeline as of July 31, 2025 was $133.5 million, a 45% increase over the $92.0 million pipeline at April July 31, 2024.Cash operating expenses were consistent with the prior year's cash operating expense levels, with the year-over-year increase detailed below attributable to non-cash stock compensation expen

    9/15/25 4:15:00 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities

    MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has entered into a strategic partnership with Gradient Marine ("GM"), a U.S.-based provider of advanced digital modeling, simulation, and hardware-in-the-loop environments. Through this collaboration, OPT will integrate GM's Virtual Maritime Picture (VMP) software to develop and deploy digital twins for OPT's flagship platforms, including the PowerBuoy® and WAM-V® autonomous surface vehicles. These digital models are expected to enable OPT and i

    9/15/25 8:15:00 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies to Release Fiscal 2026 First Quarter Earnings on September 15, 2025

    MONROE TOWNSHIP, N.J., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2026 first quarter for the period ended July 31, 2025 after the market closes on Monday September 15, 2025. INDIVIDUAL MEETING INFORMATION In an effort to increase relations with institutional investors, OPT management has dedicated time to hosting individual meetings with portfolio managers and analysts. If you are interested in scheduling a meeting with OPT management, please contact: Email: InvestorRelati

    9/2/25 4:15:00 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    $OPTT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Amendment: President and CEO Stratmann Philipp covered exercise/tax liability with 364,507 shares, decreasing direct ownership by 42% to 513,725 units (SEC Form 4)

    4/A - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    3/14/25 5:11:58 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Amendment: Senior VP and CFO Powers Robert Patrick converted options into 29,542 shares, increasing direct ownership by 7% to 427,862 units (SEC Form 4)

    4/A - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    3/14/25 5:08:02 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Amendment: Chief Commercial Officer Burdyny Matthew covered exercise/tax liability with 112,533 shares, decreasing direct ownership by 39% to 173,126 units (SEC Form 4)

    4/A - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    3/14/25 5:05:44 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    $OPTT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    $OPTT
    SEC Filings

    View All

    Director Slaiby Peter E. bought $6,713 worth of shares (35,000 units at $0.19), increasing direct ownership by 17% to 241,871 units (SEC Form 4)

    4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    11/26/24 5:12:16 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Director Cryan Terence James bought $14,800 worth of shares (100,000 units at $0.15), increasing direct ownership by 39% to 358,658 units (SEC Form 4)

    4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    11/15/24 9:00:10 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Slaiby Peter E. bought $9,750 worth of shares (25,000 units at $0.39), increasing direct ownership by 35% to 96,577 units (SEC Form 4)

    4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)

    10/2/23 9:15:09 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

    8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)

    9/16/25 7:11:39 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    SEC Form 10-Q filed by Ocean Power Technologies Inc.

    10-Q - Ocean Power Technologies, Inc. (0001378140) (Filer)

    9/15/25 4:16:11 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)

    9/3/25 9:00:39 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    $OPTT
    Leadership Updates

    Live Leadership Updates

    View All

    Ocean Power Technologies Announces Demonstration of WAM-V at NAVDEX

    MONROE TOWNSHIP, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it will exhibit at NAVDEX in Abu Dhabi with Remah International Group ("RIG"), a privately held and UAE headquartered company with a focus on both military and civilian services. This follows OPT's appointment of RIG as its distributor for defense and security solutions in the UAE in late 2024. RIG, through its locally owned group of 48 companies, partners with industry leading solution providers globally like Red Cat and SAAB, to ensure the highest levels

    2/10/25 8:15:00 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors

    MONROE TOWNSHIP, N.J., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. "Digger" DiGuardo and Rear Admiral Victorino "Vic" Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, s

    1/17/25 8:15:00 AM ET
    $MNTS
    $OPTT
    Military/Government/Technical
    Industrials
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE

    MONROE TOWNSHIP, N.J., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has signed a Distributor Agreement with Remah International Group ("RIG"), a privately held and UAE headquartered company with a focus on both military and civilian services. Through its locally owned group of 48 companies, RIG partners with esteemed solution providers globally, including Northrop Grumman and SAAB, to ensure the highest levels of service and product are supplied to the UAE. OPT and RIG will collaborate to promote, distribute, sell, and

    10/21/24 8:15:00 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    $OPTT
    Financials

    Live finance-specific insights

    View All

    Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results

    MONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results for its fiscal fourth quarter ("4Q25") and full-year ended April 30, 2025 ("FY25"). Highlights include: FY25 RESULTS and RECENT HIGHLIGHTS Backlog at April 30, 2025 was $12.5 million, a 158% increase over the prior year.Pipeline as of the date of this release stands at $137.5 million, an 88% increase over the $71.6 million pipeline at April 30, 2024.Operating expenses of $23.3 million for FY25 decreased $8.9 million, or 28%, versus $32.2 million for the year ended April 30, 2024.Revenues for FY25 of $5.9 million increased 6% over

    7/24/25 4:54:37 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on July 24, 2025

    MONROE TOWNSHIP, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2025 full year and fourth quarter ended April 30, 2025 after the market closes on Thursday July 24, 2025. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT's financial results will be held on Friday July 25, 2025, at 9:00 AM EST. Philipp Stratmann, CEO, and Bob Powers, CFO, will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.Live webcast: Web

    7/15/25 4:15:00 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    Ocean Power Technologies Announces Financial Results for Third Quarter Fiscal 2025

    MONROE TOWNSHIP, N.J., March 18, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results for the second quarter ended January 31, 2025 (Q3FY25). Q3FY25 Financial Highlights Backlog: $7.5 million, compared to the $3.3 million for the same period last year. Primarily driven by our previously announced new partner in Latin America which includes an initial $2.0 million of purchase orders for our Next Generation PowerBuoys® and $3.0 million of WAM-V® purchase orders. Revenue: $0.8 million, compared to $1.8 million for the same period last year.Operating expenses: $6.1 million, compared to $8.6 million for the same period

    3/18/25 11:18:51 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    $OPTT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Ocean Power Technologies Inc.

    SC 13G/A - Ocean Power Technologies, Inc. (0001378140) (Subject)

    11/27/24 1:43:24 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    SEC Form SC 13G filed by Ocean Power Technologies Inc.

    SC 13G - Ocean Power Technologies, Inc. (0001378140) (Subject)

    9/24/24 6:09:32 AM ET
    $OPTT
    Electric Utilities: Central
    Utilities

    SEC Form SC 13D/A filed by Ocean Power Technologies Inc. (Amendment)

    SC 13D/A - Ocean Power Technologies, Inc. (0001378140) (Subject)

    4/17/24 4:10:22 PM ET
    $OPTT
    Electric Utilities: Central
    Utilities