News
OPTT
0.1836
-0.76%
-0.0014
PARAGON CALLS ON OCEAN POWER TO CEASE ANY & ALL FUTURE EQUITY RAISES THAT DILUTE EXISTING STOCKHOLDERS TO FUND OPT’S LOSSES & EXECUTIVE COMPENSATION
Reuters · 2d ago
PARAGON TECHNOLOGIES - URGE THE OPT BOARD TO BEGIN IMMEDIATE DISCUSSIONS WITH PARAGON
Reuters · 2d ago
PARAGON TECHNOLOGIES- COMMITS UP TO $3 MLN IN NON-DILUTIVE PREFERRED EQUITY OF OPT TO SAVE THE COMPANY FROM INSOLVENCY AND FUTURE SHAREHOLDER LOSSES
Reuters · 2d ago
Paragon Calls On Ocean Power To Cease Any And All Future Equity Raises That Dilute Existing Stockholders To Fund OPT's Losses And Executive Compensation; Paragon Commits Up To $3M In Non-Dilutive Preferred Equity Of OPT To Save The Co From Insolvency And Future Shareholder Losses
Paragon Commits Up to $3 million in Non-Dilutive Preferred Equity of Ocean Power Technologies to Save the Company from Insolvency and Future Shareholder Losses. Paragon is the largest shareholder of the company and calls on OPT to cease any future dilutive equity issuance. The company's share price has fallen nearly 40 percent since Paragon filed a complaint alleging an invalid annual meeting.
Benzinga · 3d ago
Weekly Report: what happened at OPTT last week (0415-0419)?
Weekly Report · 3d ago
PARAGON TECHNOLOGIES-BEEN EXPLORING ADDITIONAL LITIGATION AGAINST OCEAN POWER TECHNOLOGIES, ITS DIRECTORS, ADVISORS FOR BREACH OF FIDUCIARY DUTY
Reuters · 04/17 20:24
PARAGON TECHNOLOGIES, INC.: BELIEVES THAT OCEAN POWER TECHNOLOGIES IS LIKELY IN MIDST OF A LIQUIDITY CRISIS
Reuters · 04/17 20:24
Ocean Power announces teaming agreement with defense contractor
Ocean Power announces teaming agreement with defense contractor. Shares were down 4.39% in premarket trading on Tuesday. The alliance aims to enhance maritime domain awareness through OPT's innovative Maritime Domain Awareness Solution. Ocean Power Technologies (OPTT) has signed a teaming. Agreement with a major international defense contractor to provide its Merrows suite of solutions.
Seeking Alpha · 04/16 12:58
OCEAN POWER TECHNOLOGIES ANNOUNCES TEAMING AGREEMENT WITH MAJOR INTERNATIONAL DEFENSE CONTRACTOR TO DEPLOY MARITIME DOMAIN AWARENESS SOLUTIONS
Reuters · 04/16 12:15
Weekly Report: what happened at OPTT last week (0408-0412)?
Weekly Report · 04/15 11:32
PARAGON TECHNOLOGIES FILES COMPLAINT ALLEGING OCEAN POWER TECHNOLOGIES FAILED TO ACHIEVE A LEGITIMATE QUORUM AT ITS ANNUAL MEETING OF SHAREHOLDERS
Reuters · 04/12 20:02
Ocean Power Technologies collaborates with Red Cat for maritime defense solutions
Tech Ocean Power Technologies collaborates with Red Cat for maritime defense solutions. Financial terms of the collaboration were not disclosed. OPT's PowerBuoy and WAM-V platforms will be integrated with Red cat’s Teal 2 Drones. Ocean Power technologies, Inc. (OPTT) Stock, RCAT Stock.
Seeking Alpha · 04/08 13:30
OCEAN POWER TECHNOLOGIES ANNOUNCES STRATEGIC ALLIANCE WITH RED CAT FOR ADVANCED MARITIME DEFENSE SOLUTIONS
Reuters · 04/08 12:15
Weekly Report: what happened at OPTT last week (0401-0405)?
Weekly Report · 04/08 11:37
Ocean Power Hooks up with Red Cat
Ocean Power Technologies, Inc. Announced a strategic alliance with drone technology firm Red Cat Holdings. The company's shares were lower at Monday's open. Red Cat's shares leaped 4.9% to 82 cents. Ocean Power Technologies is a leader in marine power, data, and service solutions.
Barchart · 04/08 08:47
Ocean Power Technologies Announces “Merrows”: A Consolidated Solution for Maritime Domain Awareness
Merrows is a projected significant instep forward to enhance maritime domain awareness. Merrows will be OPT’s groundbreaking consolidated solution offering comprehensive ocean surveillance. The initiative demonstrates the company's commitment to safeguarding the world's oceans. Ocean Power Technologies is a leader in marine power, data, and service solutions.
Barchart · 04/02 08:33
Weekly Report: what happened at OPTT last week (0325-0329)?
Weekly Report · 04/01 11:33
Ocean Power Technologies secures key deal for WAM-V USV's in Latin America
Ocean Power Technologies secures key deal for WAM-V USV's in Latin America. The customer is in the offshore energy service industry. The deal is the largest in company history. Ocean Power Technologies, Inc. (OPTT) has a market value of $1.5 billion.
Seeking Alpha · 03/27 17:36
Ocean Power Technologies obtains $1.5M in purchase orders
Seeking Alpha · 03/26 12:44
Weekly Report: what happened at OPTT last week (0318-0322)?
Weekly Report · 03/25 11:37
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About OPTT
Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power and other industries.