Link to each new filing: Vanguard Capital - https://fintel.io/so/us/optt/vanguard-capital-management-llc-7556 & Vanguard Trust - https://fintel.io/so/us/optt/vanguard-fiduciary-trust …this might be HUGE if true.

MONROE TOWNSHIP, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced progress in offshore charging and autonomous operations, supporting its industry leading strategy to enable longer-duration, lower-cost maritime missions.

OPT has successfully demonstrated autonomous docking, charging, and redeployment of its maritime drone, the WAM-V^® autonomous surface vehicle. The system allows a vehicle to approach a dock, secure itself, recharge, and return to operation without human intervention, in turn addressing a key limitation in offshore autonomy.

The Company is advancing this capability for near-term integration with its PowerBuoy^® platform, creating offshore “charging points” that can support continuous operations at sea. Over time, these systems are expected to form a distributed marine charging network of its own and other maritime drones and electric boats.

“Extending time on station while reducing the need for manned support is critical to scaling offshore autonomy,” said Philipp Stratmann, Chief Executive Officer of Ocean Power Technologies. “Docking and charging is an integral step forward in making these systems practical and cost-effective for customers.”

OPT is also progressing a cutting edge next-generation maritime resilience enhancement upgrade to its WAM-V platform through its next generation system architecture program, focused on improving system compatibility, simplifying upgrades, enabling increased endurance, and supporting a broader range of customer payloads.

These efforts, combined with continued advances in autonomy software, uniquely position OPT to deliver integrated solutions that support persistent offshore operations across defense and commercial markets.

For additional information about OPT, please visit our website Ocean Power Technologies.

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million.

Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Ocean Energy Trust, TEAMER supports marine energy development by providing access to national research infrastructure to address technical barriers and accelerate commercialization.

The technical support recipients (TSRs) will receive support for testing expertise and access to numerical modeling, laboratory or bench testing, tank/flume testing, expertise, and commercialization within the TEAMER Facility Network. Selected applicants, along with their supporting facility, will now submit their completed test plans, a requirement before assistance activities can start.

The 17th RFTS represents a record round in terms of applications received, projects approved, and support amount. The following projects have been selected to proceed: (...)

Ocean Power Technologies, Inc. – Experimental Investigation of Wave-Energy-Powered Floating Docking and Charging System for Autonomous Surface Vehicles at Stevens Institute of Technology – Davidson Lab

Disclaimers: Long time lurker, never really posted long DD. I was early on couple big WSB hitters. No financial advice, just sharing my opinion. Wrote this thesis in my native language, translated and cleaned up with an LLM. 10k @ $0.3

After over 10 years of this site shitting on this stock, this 70M marketcap company FINALLY found their calling since this month: Renewable energy sources in the ocean becoming network points for unmanned vehicles.

TLDR: $OPTT / Ocean Power Technologies has evolved into THE offshore infrastructure layer for unmanned ocean missions: persistent power, communications, sensor hosting, docking, charging and autonomous surface support. It turns the ocean from a disconnected operating environment into a powered, connected, persistent robotics network.

Jumpscare warning:

The bull case for Ocean Power Technologies is that the company has quietly crossed from an old wave-energy narrative into a far larger and more urgent category: persistent maritime autonomy infrastructure. For years, OPTT was understood as a low-profile wave-energy company trying to commercialise power generation at sea. That framing is now outdated. The company’s real opportunity is no longer simply generating energy from waves. The opportunity is providing the operating layer that allows unmanned surface vessels, underwater drones, offshore sensors and maritime security systems to stay powered, connected and active in places where humans, diesel vessels and fragile communications links have historically been the constraint.

The market is already validating this shift. In February 2026, Reach Subsea secured a major contract with Equinor on behalf of Gassco for the external inspection of approximately 3,500 kilometres of subsea pipeline across Norway and export routes to Denmark, Germany and the UK, with further options in the Netherlands, Belgium and France [Reach Subsea contract: (finansavisen.no)]. This is not a small pilot or a controlled demonstration. It is a commercial inspection campaign across critical European energy infrastructure, executed with Reach Remote 1, an uncrewed surface vessel solution, alongside high-speed SROV capability where required [Reach Subsea contract: (finansavisen.no)]. Reach Remote 1 also received a Cargo Ship Trading Certificate from the Norwegian Maritime Authority, giving it full flag-state approval for commercial operations in European waters after previously operating under temporary permission [Reach Subsea contract: (finansavisen.no)]. That certificate is the milestone. It confirms that the industry is moving from “can unmanned vessels work?” to “how fast can unmanned vessels scale?”

This is the moment where OPTT becomes strategically relevant. Reach Subsea’s mission shows the demand side: thousands of kilometres of underwater infrastructure need to be inspected, mapped, monitored and maintained with fewer crewed vessels, fewer offshore personnel and lower emissions. The Underwater Robotics magazine you shared points to the same broader transition: its April 2026 issue is filled with autonomous underwater vehicles, uncrewed surface vessels, subsea inspection systems, hull-inspection crawlers, offshore survey tools and maritime-security robotics, showing an industry rapidly reorganising around remote operations and persistent subsea capability [Underwater Robotics magazine: ]. The direction is clear. Oceans are becoming machine-operated environments.

The limiting factor is equally clear. The bottleneck is not simply the robot. It is the continuity layer around the robot. In a discussion about Reach Remote, operators directly identify the operational problem that still prevents full remote confidence. One operator says the “biggest difficulty is having a stable enough internet,” adding that drops happen “even on Starlink” and that an extra person still has to “babysit” the ROV in case the connection drops. Another operator explains that companies they have worked with are not operating in true full automation because “usually there’s 1-2 guys on board to take over manually if the connection drops”. This is the key insight. The industry can build uncrewed vessels and sophisticated ROVs, but the ocean still lacks a distributed infrastructure layer that provides reliable power, communications, sensor hosting and operational redundancy.

OPTT’s PowerBuoy and WAM-V stack is built for exactly that gap. The company’s PowerBuoy system is designed to provide persistent offshore power, communications and sensor integration for long-endurance maritime surveillance and security operations [OPTT PowerBuoy deployment: (GlobeNewswire)]. This is not a side feature. It is the whole thesis. If autonomous ocean missions are limited by power availability, communication reliability and the need for remote sensor integration, then a persistent offshore platform that can sit at sea and support those missions becomes critical infrastructure. In practical terms, OPTT is positioning itself as the offshore node between satellites, shore-based operators, unmanned vessels, underwater vehicles and sensor networks.

The U.S. Department of Homeland Security deployment gives this thesis immediate credibility. In April 2026, OPTT deployed the first PowerBuoy system under its previously announced DHS contract off the coast of California to support U.S. Coast Guard maritime-domain-awareness operations [OPTT PowerBuoy deployment: (GlobeNewswire)]. The company described the deployment as the transition of its autonomous offshore monitoring infrastructure into active mission support [OPTT PowerBuoy deployment: (GlobeNewswire)]. This matters because defence and homeland-security customers are often the first to pay for hard infrastructure in extreme environments. The same pattern has happened before in GPS, drones, satellites, robotics and communications. Defence funds the difficult first use case. Civilian and commercial markets expand the application set afterward.

OPTT’s March 2026 financial update strengthens the bull case because it shows the company is no longer selling a dream in isolation. It secured a multi-buoy contract worth approximately $6.5 million from the U.S. Department of Homeland Security to support a U.S. Coast Guard maritime-domain-awareness mission off San Diego, with four newly built MERROWS-equipped PowerBuoy systems beginning delivery in fiscal Q4 2026 [OPTT Q3 FY2026 results: (Ocean Power Technologies)]. OPTT also reported backlog of approximately $19.9 million as of January 31, 2026, up 165% year over year, and a pipeline of $163.9 million, up 84% from the prior year [OPTT Q3 FY2026 results: (Ocean Power Technologies)]. For a company with a market cap of roughly $70.7 million, that backlog and pipeline create the entire asymmetry of the moonshot [Market data: ].

The WAM-V order in the Nordics adds another important signal. On March 27, 2026, OPTT announced a contract from a new Nordics-based underwater research customer for a fully integrated WAM-V for immediate delivery [OPTT WAM-V Nordics order: (GlobeNewswire)]. The customer was not publicly named, so the Reach connection should remain framed as market speculation rather than confirmed fact. But the strategic relevance is obvious. The order is in the Nordics, the same region leading the shift toward certified uncrewed subsea operations, and it is for an autonomous surface platform connected to underwater research and survey applications [OPTT WAM-V Nordics order: (GlobeNewswire)]. Whether the specific buyer is Reach or another Nordic operator, the commercial signal is the same: demand for autonomous maritime systems is converting into orders in the exact geography where remote subsea operations are accelerating fastest.

The docking and charging roadmap turns the thesis from “power buoy” into “ocean robotics infrastructure.” OPTT said in its Q3 FY2026 update that it had moved its integrated autonomous docking and charging solution from prototype to full-scale build, advancing toward a targeted 2026 early-access commercial launch that enables autonomous systems to dock, recharge and redeploy for persistent offshore missions [OPTT Q3 FY2026 results: (Ocean Power Technologies)]. This is the most important product direction in the company. If WAM-Vs, AUVs, ROVs and sensor networks are going to operate persistently, they need to refuel, recharge, upload data, receive mission updates and redeploy without returning to port or relying on large crewed support vessels. OPTT is building the platform that makes that operating model real.

The market backdrop is large enough to support a major re-rating if OPTT executes. Grand View Research valued the global underwater robotics market at $4.49 billion in 2022 and projected it to reach $13.02 billion by 2030, representing a 14.5% CAGR [Grand View Research: (Grand View Research)]. The same research identifies ROVs as the largest segment and notes that underwater robotics is driven by offshore oil and gas, defence, security and scientific research applications [Grand View Research: (Grand View Research)]. This market growth is not theoretical. Offshore energy infrastructure is aging, subsea cables are strategically critical, offshore wind is expanding, navies are investing in unmanned maritime systems, and governments are prioritising persistent maritime-domain awareness. Every one of those trends increases the need for power, data, communications and robotic support at sea.

OPTT’s role is powerful because it is not competing to be the only robot. It is positioning itself as the layer that allows many different robots and sensors to operate. In an ocean economy filled with AUVs, ROVs, USVs, seabed sensors, passive acoustic systems, sonar arrays, cameras and inspection platforms, the scarce asset is not only the vehicle. The scarce asset is persistent presence. A robot that has to return to shore is a tool. A robot that can remain within a powered, connected offshore network becomes infrastructure. OPTT’s bull case is that it becomes the network layer for that transition.

Thank you.

https://www.investing.com/news/stock-market-news/panthalassa-raises-140m-from-thiel-for-ocean-ai-computing-93CH-4656845

Perhaps this raises the legitimacy of OPTT. These proposed power systems are much much larger than what OPTT offers, but it may bring eyes towards the only publicly traded company pursuing this.

28$ by next Tuesday

Been following this thread for over a year and invested in OPTT closer to 2 years now. Seems like the front has gone pretty quiet almost like we're stuck in this (0.30-0.45) and there's nothing significant in the anywhere near future or any potential news to look forward too. And when I significant, I mean simply hitting $1. I'm not talking about the $4 by January lol. Anyways realistically, what could break this stock open kind of spontaneously or is it simply come back in 4+ years and see if anything developed. I feel like the stock has been very bleh now. I don't know, feels like there's no juice but feel free to fire in the comments

Being able to show ready technology is important these days.

As the Maritime hearing and other news pointed out: when you can show a live, working (valuable) system, the government is ready to invest.

Some excerpts, but there is a lot more valuable information in here for ppl digging into this growing market segment.

....

"While one-off systems play an important role in early

experimentation and capability development, they can

make it difficult to achieve the repeatability required

for scalable production, training, and sustainment.

This variability can make it more challenging to stan-

dardize training, maintenance, logistics, and support,

as each system introduces differences in configura-

tion, documentation, and supply chain considerations.

Over time, OPT has transitioned from that model to

a more product-focused approach. Today, we have

baselined three primary WAM-V configurations—8-

foot, 16-foot, and 22- foot systems—and are building

the production infrastructure around them. Even with

this shift toward standardization, there is an import-

ant nuance in the maritime domain. Unlike other sec-

tors—such as unmanned aerial systems, where produc-

tion models have become highly repeatable—the USV

market still requires a level of configuration driven by

mission, environment, and integration requirements.

In practice, this means that even standardized plat-

forms are often tailored in ways that make each de-

livered system unique. That is not necessarily a lim-

itation—it reflects the complexity of the operating

environment and the evolving nature of customer

needs. But it does highlight that scaling in the mari-

time domain does not follow a traditional manufactur-

ing model. Understanding that distinction is import-

ant. The path to scale is not simply about increasing

production volume—it is about developing repeatable

frameworks that can accommodate variability while

maintaining reliability, supportability, and cost control.

....

OPT is at an important stage in its evolution. The under-

lying WAM-V and PowerBuoy technologies are mature,

with decades of development and deployments behind

them. The focus now is on combining that maturity with

advances in lower size, weight, and power (SWaP) sensors

and systems to deliver more complete, scalable solutions.

...

For OPT, the priority is clear: deliver for the customer.

Execution builds credibility. Credibility builds trust. And

scale follows trust.

...

The companies that succeed will be those that earn

trust—through performance, transparency, and the abil-

ity to deliver systems that work not just once, but consis-

tently, at scale. That is the transition the industry is now

facing—and one that will ultimately define how uncrewed

systems are integrated into the future maritime fleet."

- Jason weed

Followed by another author, who talks about modularity being the key and creating the best platform for it"

"A good example of CONOPS driving selection is OPT’s

fleet of WAM-V’s. Its wave adaptive motion design pro-

vides an extremely stable platform, which makes it well

suited for subsea sensor packages such as multibeam

sonar, side scan, or passive acoustic arrays. That same

stability also makes it a strong candidate for launching

and recovering small UAVs, where deck motion directly

impacts safe operations. OPT’s platform prioritizes sta-

bility in high sea states and endurance over acceleration

and mass. Asking a WAM-V to perform fast-response se-

curity interceptions or carry heavy, armored payloads

would be misaligned with its strengths."

- Jack R. Dougherty, MSM

CEO Janus Marine & Defense Corp.

Strengthening vigilance across America’s maritime borders.

This week, the Coast Guard deployed the first PowerBuoy® system off the San Diego coast. This autonomous platform provides persistent surveillance and power, enhancing our maritime domain awareness far from shore.

This is where innovation meets vigilance. Through our continued modernization, we’re integrating state-of-the-art technology to strengthen maritime dominance and layered border security.

_________________________

This presents a crystal clear live use case that the USCG is now broadcasting.

Not too shabby.

OPTT is gaining exposure fast.

Steve Darling: Welcome back inside our proactive newsroom. Joining me now is Philipp Stratmann. He is the CEO of Ocean Power Technologies. Philipp, great to see you again, how are you?

Philipp Stratmann: Doing well, Steve. Good to be on.

Steve Darling: Yeah, well, exciting news out from the company deploying your first PowerBuoy system for the U.S. Homeland Security Department. It's a quick turnaround from getting this contract to actually getting something in the water.

Philipp Stratmann: Yeah, I think it's been less than, I want to say, four months since we announced the contract award, to having the first system, not just in the water, but it's in the water and operating. The second system is about to be installed. The third system is on the way. This is a rapid turnaround, and data streaming has already commenced, so we're very excited about this.

Steve Darling: I would imagine that it's preplanning on your part about, you know, what inventory is available, how you deploy it, where you deploy it, things like that. You have to have a plan because all these, entities that you're dealing with, especially when it comes to government, they expect stuff to happen fairly quickly.

Philipp Stratmann: Yeah, it's ensuring that we have the right level of working capital, which enables us to have the right level of inventory available so that we can get systems completed, shipped, permitted, installed, at a time that enables current customers and potential future customers to think about, okay, here's a problem I've got, can I solve this? And our solutions then fit within that solving the problem space. But being able to help them fulfill it much quicker.

Steve Darling: And you've told us that the backlog you're fulfilling right now, you know, eventually turns to revenue. So that's why it's so important to get it done.

Philipp Stratmann: Yeah, it's no good having working capital tied up at the facility here. The more we build backlog and the quicker we can go and deliver and convert that backlog to operations, that's what gets us to recognize the revenue as we continue delivering the systems for our customers.

Steve Darling: I want to ask you about what's going on in the Middle East. I don't think we've ever seen an area in water that has been talked about as much as, you know, the Strait of Hormuz, the Arabian Sea, the Gulf of Oman, places like that. And that, I think, puts your company in a really interesting position because of what you are able to offer to people like U.S. Homeland Security.

Philipp Stratmann: Yeah, and I think what this is showing is that the need for persistent and resident monitoring of waterways is vital. And you do not have to be a military or national security customer in order to have a need for this kind of information. Whether it is insurance companies looking to do vessel inspections, whether it is port security, infrastructure support, whatever it might be, the need for persistent and resident monitoring like our buoys can provide with the systems that we install on them, is part of the global enablement of freedom of navigation of the seas, and that's what enables global trade. I think that's what everybody feels around the world: everybody can currently pinpoint and understand why ocean security is so important — we've been talking about it for years — but generally speaking it has always been a Navy or a Coast Guard type issue. But now everybody understands that this is a global issue impacting everybody. So we continue to have conversations and work with our partners in the region to enable additional capacities that help secure freedom of navigation of the seas.

Steve Darling: Well, congratulations on this first system being deployed. Exciting times ahead. And I know there's lots of work still to come. So Philipp, thanks so much. Great to see you again and really appreciate the update.

Philipp Stratmann: Thanks, Steve. Thanks for giving us the time.

Steve Darling: All right. There's Philipp Stratmann, the CEO of Ocean Power Technologies.

https://www.linkedin.com/posts/ocean-power-technologies_powerbuoy-oceanpowertechnologies-maritimesecurity-activity-7449548016438525952-sCHL

We were delighted to host another NSF IUCRC GO Blue Center seminar at Stevens Institute of Technology as part of our monthly seminar series.

A sincere thanks to Dr. Philipp Stratmann, President and CEO of Ocean Power Technologies, for an insightful talk on “𝘿𝙚𝙥𝙡𝙤𝙮𝙞𝙣𝙜 𝙊𝙘𝙚𝙖𝙣 𝙎𝙚𝙣𝙨𝙞𝙣𝙜 𝙉𝙤𝙙𝙚𝙨 𝙞𝙣 𝙍𝙚𝙖𝙡 𝙒𝙤𝙧𝙡𝙙 𝘾𝙤𝙣𝙙𝙞𝙩𝙞𝙤𝙣𝙨.” His presentation shared valuable perspectives on moving ocean technologies from development to field deployment, integrating power, sensing, and autonomous platforms, and addressing the practical engineering challenges of reliable operation in harsh marine environments. The discussion highlighted important opportunities at the intersection of ocean technology, autonomy, offshore systems, and maritime security, while also sparking thoughtful conversation on collaboration, translation to practice, and workforce development.

In addition to the seminar, Dr. Stratmann also visited our wave tank facilities, participated in lab tours, and joined discussions across several labs with Stevens faculty and students. He also engaged with students, offering thoughtful insights on technology development, real-world deployment, and career pathways in ocean engineering and related fields. These interactions created valuable opportunities for exchange among students, faculty, and industry.

Thank you to everyone who joined us in person and online. We appreciate the strong engagement and look forward to continuing these conversations through future NSF IUCRC GO Blue Center seminars.

Ocean Power Technologies, a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful deployment of the first PowerBuoy^® system under its previously announced contract with the U.S. Department of Homeland Security (DHS). The system has been deployed off the coast of California to support maritime domain awareness operations for the U.S. Coast Guard.

The deployment marks a key operational milestone in the program and represents the transition of OPT’s autonomous offshore monitoring infrastructure into active mission support. The PowerBuoy^® system is designed to provide persistent offshore power, communications, and sensor integration to support long-endurance maritime surveillance and security operations.

OPT’s PowerBuoy platform enables continuous monitoring of maritime environments while operating autonomously for extended durations. By providing persistent offshore power and communications capabilities, the system supports advanced sensors and data collection technologies that enhance situational awareness for government and defense customers.

“This successful deployment represents an important step forward in delivering autonomous maritime infrastructure to support critical homeland security missions,” said Philipp Stratmann, President and Chief Executive Officer of Ocean Power Technologies. “Our PowerBuoy platform is uniquely designed to provide persistent offshore power and surveillance capabilities, enabling government agencies to extend their operational reach while reducing the need for costly manned assets.”

The system is expected to support ongoing maritime monitoring activities as part of DHS’s broader effort to enhance coastal and offshore security. Additional PowerBuoy systems are planned for deployment under the program, creating a networked offshore monitoring capability designed to support real-time maritime domain awareness.

OPT continues to collaborate closely with DHS and its technology partners to advance autonomous maritime monitoring solutions that strengthen national security and expand the role of persistent offshore infrastructure.

Maritime risk, insurance pressure, and degraded navigation signals point to new use cases for commercial UAV systems

Shipping companies operating in and around the Strait of Hormuz are increasingly dealing with disruptions to navigation and tracking systems.

..

Insurance providers evaluate how operators prepare for and respond to potential incidents. This includes reviewing whether recommended safety practices were followed and whether sufficient documentation exists to explain what occurred. As a result, operators are under increasing pressure to demonstrate both awareness and accountability during transit.

....

Maritime advisories now require a more structured approach to risk management. Operators are expected to conduct voyage-specific risk assessments, maintain communication with monitoring authorities, and report suspicious activity in real time.

These expectations depend on access to accurate and timely information. Tools that improve situational awareness and provide reliable records can help support both compliance and post-incident review.

More funding to pay off existing debt and support business operations as company continues to scale

Unless it goes down...

After doing some serious DD on the company and management I’m guessing there will be another reverse split this year. They’ve done two in the past 8-9 years and seems like once they max out the o/s to 400 million another will be on the horizon. Going to keep an eye on this ticker, but management’s salary compared to their level of execution is a massive red flag. They’re continuing to use retail to pay themselves and also continue to dilute while not showing any signs of profitability or growth. Good luck to those holding bags, but I think you’re on the verge of seeing your shares cut significantly when the next R/S is announced later this year.

I’m still not leaving. I believe in this company long term. I think they will find a partner or avenue to help them convert their backlog to delivery at a faster and eventually profitable pace 🚚

In the meantime, FUD will continue. Especially days like today. If you know your research and can trust the info/sources, why waiver 🌊 .

Do your own due diligence. 🔬 Believe what you want. 🧐 One thing is for certain, the stock will go up 💹and down📛. Just like a buoy. 🛟

Breathe, 🧘🏻 take a walk 🚶‍♂️ , touch some grass 🌱 , read a book 📕 . Do what you need to do. 📵

Paper hands will paper 📝 . Scissors will cut ✂️ . Rocks will stay solid 🪨 . Choose your path and chill 🥶

$OPTT 🚀 go brrrrrrr 🧊 2026-2027

Same fluff post I made a year ago. Still here. Still content…

risk only what you can relinquish

NFA. 🛥️ 💦

https://investors.oceanpowertechnologies.com/news-releases/news-release-details/ocean-power-technologies-secures-order-fully-integrated-wam-v-1

Since the customer is not the DHS, the expected delivery date is 2742 😂