MARKET WIRE NEWS

Ocean Power Technologies to Participate in Water Tower Research Insights Conference on April 15, 2026

MWN-AI** Summary

Ocean Power Technologies, Inc. (NYSE American: OPTT) announced its participation in the Water Tower Research Insights Conference scheduled for April 15, 2026, with CEO Philipp Stratmann presenting at 2:30 PM EST. This virtual event is aimed at investors, providing them with a platform to directly engage with management teams from a diverse range of sectors. Attendees will benefit from in-depth discussions and insights that emphasize each company’s strategic positioning and growth potential.

Ocean Power Technologies specializes in providing innovative maritime solutions that enhance safety, efficiency, and environmental responsibility in ocean operations. The company serves various industries, including defense, oil and gas, scientific research, and offshore wind. Among its notable products are the PowerBuoy® platforms, which deliver clean electric power and enable real-time data communication for remote maritime applications. Additionally, OPT's Merrows™ system facilitates the integration of Maritime Domain Awareness Systems, showcasing its commitment to utilizing artificial intelligence in enhancing maritime safety and security.

With its headquarters in Monroe Township, New Jersey, and an office in Richmond, California, OPT continues to focus on developing technologies that support global maritime needs. The firm is recognized for its unique offerings, such as WAM-V® autonomous surface vessels and marine robotics services, which are crucial in modernizing ocean operations.

The Water Tower Research Insights Conference enables companies like OPT to reach a wider investor base by improving communication channels and fostering informed investment decisions. As the conference approaches, registration is encouraged to access the complete agenda and participate in the sessions or on-demand replays later.

For further details about OPT and its innovations, visit www.OceanPowerTechnologies.com.

MWN-AI** Analysis

As Ocean Power Technologies, Inc. (NYSE American: OPTT) prepares for its participation in the Water Tower Research Insights Conference on April 15, 2026, investors should closely monitor the insights shared by CEO Philipp Stratmann. The conference provides a unique opportunity for direct engagement with management, allowing potential investors to deepen their understanding of OPT's strategic direction and competitive landscape.

Ocean Power Technologies is positioned within several high-growth sectors, including defense, offshore wind, and marine research. The company's offerings, such as the PowerBuoy® platforms and WAM-V® autonomous surface vessels, tap into the increasing demand for sustainable and autonomous maritime solutions. With global pressure mounting to adopt cleaner energy technologies, OPT’s focus on intelligent maritime solutions places it in a favorable position for future growth.

Investors should pay special attention to key themes during the conference, particularly related to market trends involving maritime technologies and sustainability. The integration of AI into maritime domain awareness systems, such as those offered by OPT, could further enhance operational efficiencies and open new revenue streams. Additionally, the focus on offshore wind presents synergies for growth, especially as governments and corporations push for increased renewable energy adoption.

However, potential investors should also consider the inherent risks associated with OPTT. The company has faced historical volatility, and its future performance relies on successful project execution, customer acquisition, and market conditions. As outlined in their forward-looking statements, potential investors should remain cautious about assumptions regarding revenue realization and operational capabilities.

In summary, while Ocean Power Technologies has promising growth prospects, thorough due diligence is essential. Attending the conference and analyzing the insights provided can equip investors with the necessary information to make informed decisions regarding their engagement with this innovative company in the evolving maritime sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

MONROE TOWNSHIP, N.J., April 10, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), today announced that Philipp Stratmann, President and CEO of Ocean Power Technologies, will participate in the upcoming Water Tower Research Insights Conference taking place on April 15, 2026, at 02:30 PM EST.

The WTR Insights Conference is a virtual event designed for investors seeking direct access to company management teams and differentiated insights across innovative businesses spanning all sectors covered by Water Tower Research. Through a series of fireside chat discussions and curated post-event engagement opportunities, attendees will gain a deeper understanding of each company’s strategy, competitive positioning, and long-term growth outlook.

Advance registration is encouraged to secure access to the full agenda, company lineup, and live sessions, as well as on-demand replays following the event

EVENT REGISTRATION LINK

About Ocean Power Technologies:

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more about OPT’s groundbreaking products, services and solutions, visit www.OceanPowerTechnologies.com.

About WTR:  

Modernizing Investor Engagement Through Research-Driven Communications. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor engagement platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content is open for everyone to access and distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients’ businesses, industries, and the investment opportunities they present.

FORWARD-LOOKING STATEMENTS

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the continuing successful operations, the delivery of customer services, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

Contact Information:

Investors: 203-561-6945 or investorrelations@oceanpowertech.com

Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com


FAQ**

How does Ocean Power Technologies Inc. (OPTT) plan to leverage its AI capabilities in the upcoming projects featured in the Water Tower Research Insights Conference on April 15, 2026?
Ocean Power Technologies Inc. (OPTT) aims to enhance efficiency and predictive maintenance of its wave energy systems by integrating AI capabilities in its upcoming projects showcased at the Water Tower Research Insights Conference on April 15, 2026.
Can you detail the strategic importance of the Monroe Township location for Ocean Power Technologies Inc. (OPTT) in relation to its market operations and product development?
The Monroe Township location is strategically significant for Ocean Power Technologies Inc. as it facilitates proximity to key markets, enhances collaboration with regional partners, and supports efficient product development and testing, driving innovation in renewable energy solutions.
What competitive advantages does Ocean Power Technologies Inc. (OPTT) possess in the defense and security markets compared to other companies in the sector?
Ocean Power Technologies Inc. (OPTT) leverages its unique patented ocean energy technology, offering sustainable power solutions for remote maritime sensors and defense systems, which enhances operational capabilities and reduces reliance on traditional energy sources compared to competitors.
How does Ocean Power Technologies Inc. (OPTT) foresee its growth trajectory in the offshore wind market, and what factors will drive this growth over the next five years?
Ocean Power Technologies Inc. (OPTT) anticipates growth in the offshore wind market driven by increasing demand for renewable energy, advancements in their wave energy technology, strategic partnerships, and supportive regulatory environments over the next five years.

**MWN-AI FAQ is based on asking OpenAI questions about Ocean Power Technologies Inc. (NYSE: OPTT).

Ocean Power Technologies Inc.

NASDAQ: OPTT

OPTT Trading

-25.81% G/L:

$0.292 Last:

24,165,321 Volume:

$0.3185 Open:

mwn-ts Ad 300

OPTT Latest News

OPTT Stock Data

$90,081,043
187,356,498
0.28%
20
N/A
Industrial Goods
Industrials
GB
Monroe Township

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App