A director at Ocean Power Technologies Inc bought 12,345 shares at 0.401USD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two...
Ocean Power Technologies Announces Commercial Update Webcast Presentation and Conference Call on Thursday, November 14 at 11:00 a.m. EST MONROE TOWNSHIP, N.J., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative ocean energy solutions, today announced it will host a Commercial Update webcast and conference call on Thursday, November 14 at 11:00 a.m. EST. The presentation will include details of OPT’s recently announced sale of a PB3 PowerBuoy® to Enel Green Power Chile, as well as updates on current projects, the products and services ...
Jeffrey R. Wiener Joins Ocean Power Technologies as Vice President of Global Sales MONROE TOWNSHIP. N.J., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT) a leader in innovative ocean energy solutions, today announced that Jeffrey R. Wiener has joined the company as Vice President of Global Sales. Prior to joining OPT, Jeff was Senior Vice President of Sales for EOS Energy Storage, where he helped to develop and commercialize Eos’s proprietary zinc hybrid battery storage solution. Jeff is also a 36-year veteran of General Electric, where he worked in the Ai...
Ocean Power Technologies Enters into $10 million Common Stock Purchase Agreement with Aspire Capital Fund Agreement Provides Flexible Access to Funding at a Lower Cost of Capital MONROE TOWNSHIP, N.J., Oct. 25, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leader in innovative ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the “Purchase Agreement”) with Aspire Capital Fund, LLC (“Aspire Capital”) to sell up to $10 Million in common stock to Aspire Capital over a term of 30 months. Proceeds will be used by OPT to...
Ocean Power Technologies to Attend OCEANS 2019 Seattle Conference MONROE TOWNSHIP, N.J., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will be attending the OCEANS 2019 Conference & Exposition October 27-31, 2019 in Seattle. “We’re looking forward to attending OCEANS 2019,” said George H. Kirby, OPT President and Chief Executive Officer. “The event is a fantastic opportunity to discuss OPT’s transformative PowerBuoy® technology and the expertise of our Innovation ...
Ocean Power Technologies Announces PB3 PowerBuoy® Sale and Pioneering Turn-Key Ocean Sea Lab Development Two Contracts with Enel Green Power Play Central Role in Chilean Marine Energy Research MONROE TOWNSHIP, N.J., Sept. 19, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative ocean energy solutions, today announced the signing of two new contracts with Enel Green Power Chile (EGP), a subsidiary of Enel Chile, part of the Enel Group, a multinational energy company and a leading global integrated electricity and gas operator. The combined value ...
Ocean Power Technologies Announces First Quarter Fiscal 2020 Results Investor Conference Call and Webcast on September 18, 2019 at 11:00 A.M. ET MONROE TOWNSHIP, N.J., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the first quarter of fiscal year 2020 ended July 31, 2019. First Quarter & Recent Operational Highlights Revenue Generation: Successfully deployed a PB3 PowerBuoy® in the North Sea for customer Premi...
Ocean Power Technologies to Present at the Fall Investor Summit on September 16th-17th in New York City MONROE TOWNSHIP, N.J., Sept. 05, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT) a leader in innovative ocean energy solutions, will be presenting at this year's Fall Investor Summit, taking place Monday, September 16th and Tuesday, September 17th at the Essex House in New York City. George Kirby, President and Chief Executive Officer, and Matthew Shafer, Chief Financial Officer and Treasurer, are scheduled to present on Monday, September 16th at 3:30PM ET. OP...
Ocean Power Technologies Announces the Successful North Sea Deployment of the PB3 PowerBuoy® for Premier Oil MONROE TOWNSHIP, N.J., Aug. 22, 2019 (GLOBE NEWSWIRE) -- Monroe Township, N.J., August 22, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced the successful deployment of a PB3 PowerBuoy® in the North Sea for its customer Premier Oil (“Premier”). This latest deployment of a PB3 PowerBuoy® will serve Premier as an autonomous intelligent platform to provide co...
Ocean Power Technologies Announces Fiscal 2019 Fourth Quarter and Full Year Results Investor Conference Call and Webcast on July 23, 2019 at 9:00 A.M. ET MONROE TOWNSHIP, N.J., July 22, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the fourth quarter and full fiscal year 2019 ended April 30, 2019. Fourth Quarter and Year to Date Operational Highlights Revenue Generation: Agreement with leading oil and gas operator to conduct a detai...
Ocean Power Technologies Announces the Date for the Release of Fourth Quarter and Fiscal Year 2019 Results, Conference Call and Webcast Investor Conference Call and Webcast on July 23, 2019 at 9:00 A.M. ET MONROE TOWNSHIP, N.J., July 10, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will release operational and financial results for its fourth quarter and fiscal year 2019 on Monday, July 22, 2019 after the market closes. Ocean Power Technologies’ ...
Ocean Power Technologies Receives U.S. Patent for its Power Take-Off System for use with Wave Energy Conversion Buoys MONROE TOWNSHIP, N.J., June 20, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT) (“OPT”, or “the Company”), a leader in innovative and cost-effective ocean energy solutions, announced today that the Company has received a new U.S. patent for its Power Take-Off (PTO) System which is the mechanical heart of the PB3 PowerBuoy®. Ocean waves that pass-by the PowerBuoy® create a relative linear motion between the float and the spar components of the PB3. Th...
Ocean Power Technologies to Present at the 9th Annual LD Micro Invitational in Los Angeles, CA MONROE TOWNSHIP, N.J., May 23, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy solutions, announced today that it will present at the 9th Annual LD Micro Invitational being held at the Luxe Sunset Boulevard Hotel in Los Angeles between June 3rd through 5th, 2019. Matthew Shafer, Chief Financial Officer and Treasurer of OPT is scheduled to present on Tuesday, June 4th at 4:20pm Pacific Time...
Ocean Power Technologies Regains NASDAQ Listing Compliance MONROE TOWNSHIP, N.J., May 21, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy solutions, announced today that it has received written notification from the Nasdaq Hearings Panel (the “Panel”) notifying the Company that it has regained compliance with the minimum shareholders’ equity rule, and further, that the Company complies with all other applicable standards for continued listing of its securities on the NASDAQ Stock Marke...
Ocean Power Technologies Announces Commercialization Update Conference Call on Thursday, May 16, 2019 The Company to discuss its New Products, Sales Pipeline and Key Partnerships MONROE TOWNSHIP, N.J., May 14, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (“OPT”, or “the Company”) a leader in innovative and cost-effective ocean energy solutions, announced today that it will host a conference call on Thursday, May 16, 2019 at 10:00 a.m. Eastern time to provide a commercial update on its new product introductions, sales pipeline, strategic partnerships and overal...
Ocean Power Technologies’ PB3 PowerBuoy® Achieves Key Milestone, Generating Over One Megawatt-Hour of Cumulative Energy Eni’s MaREnergy Project Confirms Power Generation and AUV Charging Capabilities of OPT’s PB3 PowerBuoy® MONROE TOWNSHIP, N.J, May 13, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), (OPT, or the Company) a leader in innovative and cost-effective ocean energy solutions, announced today that the Company's PB3 PowerBuoy® deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date. The PowerBuoy® has been ...
Ocean Power Technologies to Exhibit at the 2019 Offshore Technology Conference OPT will be Featuring its Newest Technologies and Providing Updates on Current Projects MONROE TOWNSHIP, N.J., May 02, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, will be an exhibitor at the Offshore Technology Conference (OTC) 2019 from May 6-9, 2019 at the NRG Park in Houston, TX. OPT has now attended OTC, one of the largest and most-recognized offshore industry conferences, for three conse...
Ocean Power Technologies Closes Previously Announced Public Offering MONROE TOWNSHIP, N.J., April 09, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced the closing of its previously announced offering of common stock, pre-funded warrants and common warrants (the “Offering”). At the closing, the Company issued 900,000 shares of common stock, pre-funded warrants exercisable for 3,385,680 shares of common stock and common warrants exercisable for 4,285,680 shares ...
Ocean Power Technologies and Acteon Field Life Service Announce Collaborative Agreement Companies to Pursue Mutual Opportunities Throughout the Global Oil Field Decommissioning Market and Beyond MONROE TOWNSHIP, N.J., April 04, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative ocean energy solutions, and Acteon Field Life Service Ltd, a subsidiary of Acteon Group Ltd (“Acteon”) and a leading subsea services and solutions company, today announced a non-exclusive memorandum of understanding to develop, explore and explo...
Ocean Power Technologies, Inc. Prices $15,000,000 Public Offering MONROE TOWNSHIP, N.J., April 04, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT) (“OPT” OR THE “COMPANY”), today announced the pricing of an underwritten public offering with gross proceeds of approximately $15,000,000, before deducting underwriting discounts, commissions and other offering expenses. The offering consists of: (i) 4,285,680 shares of our Common Stock together with a number of Common Warrants to purchase 4,285,680 shares of our Common Stock, and/or (ii) Pre-Funded Warrants, with each Pr...
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