Ocean Power Technologies Timeline

Events

• 2026-10-12 - Market Signal - OPT PowerBuoy Mini selected for U.S. government evaluation - The baseline combines 1.6 kW solar generation, one wind turbine and 28 kWh of energy storage. Remote control, diagnostics, communications and configurable payload interfaces support offshore assessment. Participation is an evaluation selection, with no… - source: oceanpowertechnologies.gcs-web.com
• 2026-10-08 - Commercial Order - Ocean Power Technologies receives Naval Postgraduate School order for WAM-V 8 - NPS CRUSER researchers plan to integrate atmospheric and electro-optical instrumentation on the compact, shallow-draft platform. The order extends a relationship that already includes an OPT PowerBuoy deployed in Monterey Bay for oceanographic and… - source: investors.oceanpowertechnologies.com
• 2026-10-06 - Demonstration - Greensea IQ Bayonet 150 completes offshore launch from modified WAM-V 16 - OPT modified the WAM-V 16 to transport the 300-pound crawler and release its umbilical remotely. After separation, the crawler travelled from the offshore release point to shore under Greensea IQ's control system. The test focused on transport, launch and… - source: oceanpowertechnologies.gcs-web.com
• 2026-09-21 - Demonstration - OPT operates three WAM-V classes across five REPMUS missions - WAM-V 8 delivered bathymetric survey data for rapid environmental assessment in amphibious surf zones, while WAM-V 16 supported mine-countermeasure tasking in beach and harbour approaches. WAM-V 22 performed surface-target identification and intelligence… - source: globenewswire.com
• 2026-09-09 - Demonstration - Ocean Power Technologies begins WAM-V surf-zone demonstration with ERDC - The evaluation covers operation through breaking waves, currents, surf zones and coastal inlets. ERDC is assessing bathymetric mapping and submerged-hazard detection for civil works and logistics-over-the-shore missions. OPT was selected after a competitive… - source: globenewswire.com
• 2026-08-05 - Contract Award - NAVO names Ocean Power Technologies one of six $40m ocean-survey IDIQ awardees - The shared contract ceiling is $40 million and does not represent booked revenue for any single awardee. Individual firm-fixed-price task orders will be competed among the six selected companies. The 24-month ordering period runs from August 2026 through… - source: oceanpowertechnologies.gcs-web.com
• 2026-07-17 - Market Signal - Ocean Power Technologies WAM-V selected for further U.S. government assessment - OPT said the U.S. Government selected WAM-V for further engagement after a competitive capability assessment. The update deepens government assessment of the maritime drone platform but does not constitute a contract award. The signal is relevant to… - source: globenewswire.com
• 2026-06-24 - Commercial Order - Ocean Power Technologies deploys Rutgers PowerBuoy and wins Stevens WAM-V order - The Rutgers PowerBuoy is installed and operational off New Jersey for ocean research and environmental monitoring. Stevens Institute ordered a WAM-V unmanned surface vehicle for advanced marine research and development. The event combines offshore power… - source: globenewswire.com
• 2025-08-05 - Partnership - Greensea IQ and OPT integrate EverClean with WAM-V - The programme covers system design, integration and prototype testing for support-vessel-independent hull maintenance. Commercial deployment was a stated goal, not a completed deployment at announcement. - source: greenseaiq.com
• 2024-03-21 - Partnership - Greensea IQ and Ocean Power Technologies Extend Strategic Partnership to enhance Maritime Domain Awareness Solution - Commenting on the contract extension, OPT praises Greensea IQ’s technology and the contribution it will bring to the development of MDAS. OPT is renowned for its over – the – horizon (OTH) MDAS – equipped PowerBuoy products. This partnership will encompass… - source: greenseaiq.com
• 2022-05-23 - Partnership - SubCtech and Ocean Power Technologies explore joint ocean deployments - SubCtech and Ocean Power Technologies agreed to collaborate on mutually beneficial ocean-power and monitoring solutions in North America and the European Union. The companies are exploring combined deployments and potential deepwater projects, using… - source: subctech.com