• Ocean Power Technologies outlined its strategy to build persistent maritime intelligence infrastructure using PowerBuoy, WAM-V uncrewed surface vessels, and Merrows software.
• Backlog rose 61% to $20.1 million at April 30, 2026; FY2026 revenue was $3.7 million, with delivery timing cited as a driver.
• Selected as one of six awardees on a $40 million NAVOCEANO IDIQ, creating a path to compete for task orders through July 2028.
• Highlighted a $6.5 million DHS/USCG multi-PowerBuoy program, positioning the company for recurring service revenue tied to deployments.
• Reported three PowerBuoys operating simultaneously, including in water depths above 1,000 meters, with live integration into Anduril’s Lattice platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.