Ocean Power Technologies, Inc. (OPTT) ANSOFF Matrix

Ocean Power Technologies, Inc. (OPTT): ANSOFF-Matrixanalyse

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Ocean Power Technologies, Inc. (OPTT) ANSOFF Matrix

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Ocean Power Technologies steht an der Spitze der Transformation erneuerbarer Meeresenergie und positioniert seine innovative PowerBuoy-Technologie strategisch, um die Art und Weise zu revolutionieren, wie wir die immense Kraft der Meereswellen nutzen. Durch die sorgfältige Erforschung von vier entscheidenden strategischen Pfaden – Marktdurchdringung, Marktentwicklung, Produktverbesserung und Diversifizierung – passt sich das Unternehmen nicht nur an die Landschaft der erneuerbaren Energien an, sondern gestaltet sie aktiv mit innovativen Lösungen um, die versprechen, beispielloses Potenzial in der nachhaltigen maritimen Energieerzeugung zu erschließen.


Ocean Power Technologies, Inc. (OPTT) – Ansoff-Matrix: Marktdurchdringung

Erweitern Sie die Direktvertriebsbemühungen, die sich an bestehende Kunden im Bereich der erneuerbaren Meeresenergie richten

Ocean Power Technologies meldete für das Geschäftsjahr 2022 einen Gesamtumsatz von 1,66 Millionen US-Dollar. Der Kundenstamm für erneuerbare Meeresenergie umfasst derzeit 12 wichtige strategische Partner in den Bereichen Offshore-Windkraft und Meeresenergie.

Kundensegment Potenzielles Verkaufsvolumen Zielumsatz
Offshore-Windentwickler 4 neue Kunden 2,3 Millionen US-Dollar
Meeresforschungseinrichtungen 3 neue Kunden 1,7 Millionen US-Dollar
Verteidigungs-Seesektor 2 neue Kunden 2,5 Millionen Dollar

Steigern Sie Ihre Marketinginitiativen und heben Sie die einzigartigen Vorteile der PowerBuoy-Technologie hervor

Die Zuweisung des Marketingbudgets für das Geschäftsjahr 2023 beträgt 450.000 US-Dollar, wobei 65 % für digitale Marketingkampagnen vorgesehen sind, die auf Sektoren erneuerbarer Meeresenergie abzielen.

  • Ausgaben für digitale Werbung: 292.500 US-Dollar
  • Messebeteiligung: 87.000 $
  • Werbung für technische Veröffentlichungen: 70.500 $

Entwickeln Sie wettbewerbsfähigere Preisstrategien für aktuelle Wellenenergie-Produktlinien

Die aktuellen Preise für PowerBuoy-Systeme liegen zwischen 750.000 und 1,2 Millionen US-Dollar pro Einheit. Die vorgeschlagene Preisstrategie zielt darauf ab, die Stückkosten um 15–20 % zu senken.

Produktlinie Aktueller Preis Vorgeschlagener reduzierter Preis
PowerBuoy PB3 $850,000 $722,500
PowerBuoy PB5 $1,200,000 $1,020,000

Verbessern Sie die Möglichkeiten des Kundensupports und des technischen Service

Das Team des technischen Supports wurde auf 18 spezialisierte Ingenieure erweitert. Das jährliche Budget für den Kundensupport wurde für das Geschäftsjahr 2023 auf 675.000 US-Dollar erhöht.

  • Technischer Support rund um die Uhr verfügbar
  • Reaktionszeitziel: Unter 4 Stunden
  • Fernüberwachungsfunktionen für 95 % der bereitgestellten Systeme

Stärken Sie die Beziehungen zu Partnern im maritimen und Offshore-Energiesektor

Das aktuelle Partnerschaftsnetzwerk umfasst 8 strategische Mitarbeiter. Voraussichtliches Ziel für den Ausbau der Partnerschaft: 12 neue Partnerschaften bis Ende des Geschäftsjahres 2024.

Partnertyp Aktuelle Partner Nehmen Sie neue Partner ins Visier
Offshore-Windentwickler 3 5
Meeresforschungsorganisationen 3 4
Regierungsbehörden 2 3

Ocean Power Technologies, Inc. (OPTT) – Ansoff-Matrix: Marktentwicklung

Zielen Sie mit bewährten Wellenenergielösungen auf aufstrebende maritime Märkte in Europa

Die Größe des europäischen Wellenenergiemarkts belief sich im Jahr 2022 auf 662 Millionen Euro. Großbritannien ist mit einem Marktanteil von 35 % führend bei Investitionen in erneuerbare Meeresenergie. Portugals Wellenenergiepotenzial wird auf 4,9 GW geschätzt.

Land Investition in Wellenenergie (Mio. €) Potenzielle Kapazität (MW)
Vereinigtes Königreich 232 1,500
Portugal 87 4,900
Irland 56 2,100

Entdecken Sie Möglichkeiten in Küstenregionen mit hohen Akzeptanzraten für erneuerbare Energien

Bis 2027 soll der weltweite Markt für erneuerbare Küstenenergie ein Volumen von 87,3 Milliarden US-Dollar erreichen. Dänemark weist einen Anteil erneuerbarer Energien am Stromverbrauch von 47 % auf.

  • Norwegen: 98 % erneuerbare Stromerzeugung
  • Schweden: 72 % Anteil erneuerbarer Energien
  • Deutschland: 31,4 Milliarden Euro in erneuerbare Meerestechnologien investiert

Entwickeln Sie strategische Partnerschaften mit internationalen Meeresinfrastrukturunternehmen

Die Investitionen in die Meeresinfrastruktur werden bis 2030 voraussichtlich 2,7 Billionen US-Dollar erreichen. Die aktuellen Partnerschaftsbewertungen im maritimen erneuerbaren Sektor liegen zwischen 15 und 50 Millionen US-Dollar.

Erweitern Sie Ihre Marketingbemühungen in Regionen mit starkem Engagement für die Energiewende im Meer

Weltweite Meeresenergiemarktgröße: 544,6 Millionen US-Dollar im Jahr 2022. Prognostizierte Wachstumsrate: 17,3 % jährlich bis 2030.

Region Investition in Meeresenergie (Mio. USD) Jährliche Wachstumsrate
Europa 276 19.2%
Nordamerika 134 16.7%
Asien-Pazifik 89 15.5%

Identifizieren Sie neue geografische Märkte mit erheblichem Wellenenergiepotenzial

Technisches Potenzial der globalen Wellenenergie: 29.500 TWh jährlich. Zu den Top-Märkten zählen Chile mit einem Potenzial von 164 GW und die Vereinigten Staaten mit einem Potenzial von 132 GW.

  • Chile: Wellenenergiepotenzial von 164 GW
  • Vereinigte Staaten: 132 GW Wellenenergiekapazität
  • Australien: 80 GW Wellenenergieressourcen

Ocean Power Technologies, Inc. (OPTT) – Ansoff-Matrix: Produktentwicklung

Verbessern Sie die PowerBuoy-Technologie mit verbesserter Energieumwandlungseffizienz

Ocean Power Technologies meldete in seinen technischen Spezifikationen für 2022 einen aktuellen PowerBuoy-Energieumwandlungswirkungsgrad von 22,5 %. Im Geschäftsjahr 2022 wurden Forschungs- und Entwicklungsinvestitionen in Höhe von 3,2 Millionen US-Dollar für die Effizienzsteigerung bereitgestellt.

Technologiemetrik Aktuelle Leistung Zielleistung
Energieumwandlungsrate 22.5% 35%
F&E-Investitionen 3,2 Millionen US-Dollar 4,5 Millionen US-Dollar

Entwickeln Sie modulare Wellenenergiesysteme

Die Kosten für die Entwicklung modularer Systeme werden auf 5,7 Millionen US-Dollar geschätzt, mit einem prognostizierten Marktpotenzial von 42,3 Millionen US-Dollar im Bereich der maritimen erneuerbaren Energien bis 2025.

  • Modulare Designflexibilität: 3 konfigurierbare Plattformgrößen
  • Geschätzte Bereitstellungszeit: 45 Tage pro System
  • Voraussichtliche Skalierbarkeit des Systems: Bereich 250–750 kW

Reduzieren Sie Herstellungs- und Bereitstellungskosten

Aktuelle Herstellungskosten pro PowerBuoy-Einheit: 1,2 Millionen US-Dollar. Zielreduzierung: 35 % durch Implementierung fortschrittlicher Fertigungstechniken.

Kostenkomponente Aktuelle Kosten Gezielte Reduzierung
Herstellungskosten 1,2 Millionen US-Dollar $780,000
Bereitstellungskosten $650,000 $422,500

Erstellen Sie spezielle PowerBuoy-Varianten

Identifiziert 4 potenzielle maritime Anwendungssektoren mit einem geschätzten Marktwert von 127,6 Millionen US-Dollar bis 2026.

  • Unterstützungssysteme für Offshore-Windparks
  • Meeresforschungsinfrastruktur
  • Überwachung der Küstenverteidigung
  • Energielösungen für die Aquakultur

Integrieren Sie fortschrittliche Überwachungstechnologien

Investition in die Entwicklung von Überwachungssystemen: 2,8 Millionen US-Dollar. Erwartete Verbesserung der Genauigkeit der vorausschauenden Wartung: 42 %.

Technologiemerkmal Aktuelle Fähigkeit Erweiterte Leistungsfähigkeit
Prädiktive Wartungsgenauigkeit 68% 96%
Echtzeit-Überwachungssensoren 7 12

Ocean Power Technologies, Inc. (OPTT) – Ansoff-Matrix: Diversifikation

Entdecken Sie hybride Lösungen für erneuerbare Energien, die Wellen- und Solartechnologien kombinieren

Ocean Power Technologies meldete für das Geschäftsjahr 2022 einen Gesamtumsatz von 1,4 Millionen US-Dollar. Die Kosten für die Entwicklung hybrider erneuerbarer Energien werden auf 3,2 Millionen US-Dollar geschätzt.

Technologie Investition ($) Projizierte Ausgabe
Wellenenergieumwandlung 1,500,000 250 kW
Solarintegration 1,700,000 300 kW

Untersuchen Sie potenzielle Anwendungen in der maritimen Verteidigung und der ozeanografischen Forschung

Verträge des Verteidigungsministeriums für maritime Technologie im Wert von 4,6 Millionen US-Dollar im Jahr 2022.

  • Marineforschungspartnerschaften: 3 aktive Verträge
  • Ozeanografische Überwachungssysteme: Investition von 2,3 Millionen US-Dollar
  • Budget für die Entwicklung maritimer Verteidigungstechnologie: 1,9 Millionen US-Dollar

Entwickeln Sie Energiespeicherlösungen unter Nutzung des Fachwissens zur Umwandlung von Wellenenergie

Speichertechnologie Kapazität Entwicklungskosten
Integration von Lithium-Ionen-Batterien 500 kWh 1,1 Millionen US-Dollar
Wasserstoff-Umwandlungssystem 250 kWh 1,4 Millionen US-Dollar

Erwägen Sie strategische Akquisitionen in komplementären Meerestechnologiesektoren

Zugeteiltes Fusions- und Übernahmebudget: 7,5 Millionen US-Dollar für das Geschäftsjahr 2023.

  • Potenzielle Zielunternehmen: 4 identifizierte Meerestechnikunternehmen
  • Schwerpunkt der Akquisitionskriterien: Technologiekompatibilität und Umsatzpotenzial

Erweitern Sie Ihr Angebot um angrenzende Beratungsdienste für die Infrastruktur erneuerbarer Energien

Voraussichtlicher Umsatz mit Beratungsdienstleistungen: 2,8 Millionen US-Dollar für 2024.

Beratungsdienst Prognostizierter Umsatz Marktsegment
Design erneuerbarer Infrastruktur 1,2 Millionen US-Dollar Offshore-Installationen
Energieeffizienzberatung 1,6 Millionen US-Dollar Marinesektor

Ocean Power Technologies, Inc. (OPTT) - Ansoff Matrix: Market Penetration

Aggressively convert the $137.5 million sales pipeline into firm orders. This pipeline figure, as of the end of fiscal year 2025 (FY25), represents an 88% increase over the $71.6 million pipeline reported at April 30, 2024. The pipeline entering Q1 FY26 was $133.5 million as of July 31, 2025.

Secure follow-on contracts with the U.S. Department of Defense, leveraging the Facility Security Clearance (FSC) achieved by Ocean Power Technologies, Inc. (OPTT). This clearance deepens eligibility for classified programs. Ocean Power Technologies, Inc. (OPTT) also secured a contract with an international defense agency to demonstrate multiple WAM-V® Unmanned Surface Vehicles.

Increase recurring lease income for WAM-V® USVs in the Middle East, per the Unique Group MSA (Master Services Agreement). This MSA formalizes the collaboration, positioning Unique Group as the execution partner for non-defense WAM-V® USV projects in the United Arab Emirates (UAE). As part of this, Unique Group will immediately lease one OPT WAM-V 22 unmanned surface vehicle, with provisions for revenue sharing and joint fleet expansion. The goal is to scale this recurring lease income without significant additional overhead.

Offer bundled PowerBuoy® and WAM-V® packages to existing Oil & Gas and Offshore Wind clients. This strategy is already showing traction, as Ocean Power Technologies, Inc. (OPTT) received multi-million-dollar orders for PowerBuoy® and WAM-V® systems from customers in Latin America, with deliveries spanning several quarters.

Target a defintely higher than 6% revenue growth rate for FY26 by maximizing current backlog execution. Fiscal year 2025 (FY25) revenues were $5.9 million, marking a 6% increase over FY24 revenues of $5.5 million. The backlog entering FY2026 was a record $12.5 million as of April 30, 2025, a 158% increase over the prior year.

Here's a quick look at the recent performance metrics supporting this market penetration push:

Metric FY2025 (Ended April 30, 2025) Q1 FY2026 (Ended July 31, 2025)
Revenue $5.9 million $1.2 million
Revenue Growth (YoY) 6% -9%
Sales Pipeline $137.5 million $133.5 million
Backlog $12.5 million $15.0 million

The execution focus for Market Penetration involves converting that pipeline and maximizing the backlog, which grew 184% year-over-year to $15.0 million as of July 31, 2025.

Key operational milestones supporting current market penetration include:

  • Shipped an AI-enabled Merrows™ PowerBuoy® to a Middle Eastern customer.
  • Secured a Facility Security Clearance.
  • Signed a $3 million reseller agreement with a Mexican engineering firm for Central America expansion.
  • Completed a U.S. Naval Postgraduate School deployment of a PowerBuoy®.

While management did not issue explicit financial guidance for fiscal 2026 revenue, the qualitative factors suggest an accelerating growth outlook based on the record backlog and pipeline conversion efforts. Finance: draft FY26 cash flow projection based on $15.0 million backlog conversion timeline by next Tuesday.

Ocean Power Technologies, Inc. (OPTT) - Ansoff Matrix: Market Development

You're looking at how Ocean Power Technologies, Inc. (OPTT) pushes its existing products-the WAM-V® Unmanned Surface Vehicles (USVs) and the PowerBuoy®-into new geographic areas or new customer segments. This is Market Development in action, and the numbers from Fiscal Year 2025 (FY25) show the foundation they are building on for this push.

The company closed FY2025 (ended April 30, 2025) with $5.9 million in revenues, which was a 6% increase over the $5.5 million reported in FY2024. More telling for future development is the backlog, which hit $12.5 million as of April 30, 2025, representing a 158% jump year-over-year. The pipeline, which shows future potential, stands at $137.5 million, an 88% increase from the $71.6 million pipeline at the same point in 2024.

Here's a quick look at the financial scale supporting this market expansion:

Metric FY2025 Value (as of April 30, 2025) Context/Driver
Total Revenue (FY25) $5.9 million 6% growth over FY24 revenue of $5.5 million
Backlog $12.5 million 158% increase over the prior year
Pipeline $137.5 million 88% increase over the $71.6 million pipeline at April 30, 2024
Latin America Reseller Agreement Value $3 million Signed with a leading Mexican engineering firm
Initial Latin America Purchase Orders $5.0 million $2.0 million PowerBuoy® and $3.0 million WAM-V® orders

Expand WAM-V® sales into new European coastal defense and border security markets.

Ocean Power Technologies, Inc. has demonstrated success with WAM-V® systems in defense contracts, including securing an agreement in May 2025 for multiple WAM-V®s delivered under a contractor-owned contractor-operated (COCO) model to Allied Forces. This success builds on prior deployments across North America, Latin America, and the Middle East. The company also secured a separate contract in the same period to demonstrate multiple WAM-V®s to an international defense agency.

Establish new reseller agreements in the Asia-Pacific region for PowerBuoy® persistent data transfer.

To build visibility in the Pacific, Ocean Power Technologies, Inc. participated in the National Defense Industrial Association - Pacific Operations Support Team (NDIA POST) event in March 2025. This engagement focused on increasing the utilization of their assets in the Pacific region, aiming for potential partnerships and access to government contracts.

Position PowerBuoy® as a 5G communications node for commercial shipping lanes along new coastlines.

The capability for PowerBuoy® to act as a 5G node is being validated domestically, which sets the stage for international expansion. A PowerBuoy® deployment for the U.S. Naval Postgraduate School was completed, integrating AT&T® 5G technology and advanced subsea sensors with the proprietary Merrows™ suite. This collaboration shows how PowerBuoys® can serve as 5G communications nodes along coastlines.

Target new government agencies like NOAA or the Coast Guard for hydrographic and environmental monitoring applications.

Ocean Power Technologies, Inc. is actively targeting U.S. government sectors. In March 2025, the company added a dedicated sales executive specifically focused on driving growth within the Department of Homeland Security (DHS) and the Department of Defense (DOD). Furthermore, the WAM-V® USVs are being deployed for hydrographic applications, as evidenced by purchase orders from the Latin American partnership.

Leverage the Latin American reseller partnership to accelerate multi-million-dollar system deliveries.

The Latin American strategy is concrete. Ocean Power Technologies, Inc. signed a $3 million reseller agreement with a leading Mexican engineering firm to expand across Central America. This partnership drove a significant portion of the backlog reported in Q3 FY25, which stood at $7.5 million (up from $3.3 million the prior year). The initial purchase orders from this partner included $2.0 million for Next Generation PowerBuoys® and $3.0 million for WAM-V® systems, totaling $5.0 million. These multi-million-dollar orders are scheduled for delivery across several quarters.

  • WAM-V® purchase orders: $3.0 million
  • Next Generation PowerBuoy® purchase orders: $2.0 million
  • Total initial purchase orders: $5.0 million

Ocean Power Technologies, Inc. (OPTT) - Ansoff Matrix: Product Development

You're looking at the core of Ocean Power Technologies, Inc. (OPTT)'s future growth-the Product Development quadrant. This is where they take their existing market presence (like defense and energy customers) and push new, enhanced offerings into those established relationships. The financial results from Fiscal Year 2025 (FY25, ended April 30, 2025) show the foundation they are building upon.

For FY2025, Ocean Power Technologies, Inc. reported revenues of $5.9 million, a 6% increase over the prior year's $5.5 million. Critically, the backlog grew significantly to $12.5 million as of April 30, 2025, which is a 158% increase over the $4.9 million backlog at the end of FY2024. This backlog growth, coupled with an 88% increase in the sales pipeline to $137.5 million, suggests that the investment in these new product capabilities is converting into firm, multi-quarter commitments. The company managed to reduce its operating expenses by 28% to $23.3 million in FY25, narrowing the net loss to $21.5 million from $27.5 million the year before.

Here's a quick look at the key financial metrics underpinning this development push:

Metric FY2025 Value Change vs. FY2024
Revenue $5.9 million +6%
Backlog (as of April 30, 2025) $12.5 million +158%
Pipeline (as of April 30, 2025) $137.5 million +88%
Operating Expenses $23.3 million -28%
Net Cash Used in Operations $18.6 million -38%

The product development roadmap focuses on embedding intelligence and increasing platform utility across the portfolio.

Commercialize the Mythos AI integration for enhanced multi-vehicle coordination and autonomy.

Ocean Power Technologies, Inc. announced a partnership with Mythos AI to integrate their autonomy software into the WAM-V® and PowerBuoy® platforms. This integration is designed to deliver an autonomy ecosystem that improves endurance, situational awareness, and obstacle avoidance. The key deliverable here is multi-vehicle coordination, with initial integrated demonstrations scheduled for the first quarter of 2026. This bundling of field-proven hardware with advanced software is intended to accelerate deployment of high-performance autonomous maritime systems.

Introduce new Merrows™ AI-driven data services for predictive maintenance and advanced maritime domain awareness.

The Merrows™ suite, which provides AI-capable, seamless Maritime Domain Awareness (MDA) integration, is a central component of current deployments. A PowerBuoy® equipped with Merrows™ was successfully installed for the Naval Postgraduate School (NPS) in Monterey Bay and moved into the lease phase as of July 2025. This system integrates AT&T® 5G technology and advanced subsea sensors, demonstrating the PowerBuoy®'s capability to serve as 5G communications nodes along the U.S. coastline. Furthermore, a PowerBuoy® with Merrows™ was shipped to a Middle Eastern customer following a competitive procurement, following a previous contract award for an AI-capable Merrows Buoy in that region. During offshore testing, the next-generation PowerBuoy, equipped with Merrows™, maintained 100% data uptime and kept battery charge above 90%.

Integrate new sensor packages (e.g., counter-UUV) directly into the WAM-V® for specialized defense applications.

The WAM-V® Unmanned Surface Vehicle business saw material growth, with WAM-V sales and leases contributing to the FY2025 revenue increase. Ocean Power Technologies, Inc. secured a contract in May 2025 for multiple WAM-V®s for Allied Forces, which includes the delivery of integrated sensors and operators under a contractor-owned contractor-operated (COCO) model, with delivery slated for late Spring 2025. This builds on prior success in providing autonomous solutions for Maritime Domain Awareness and Counter Unmanned Underwater Vehicles. The company also achieved a U.S. Department of Defense Facility Security Clearance in FY2025, which bolsters eligibility for classified programs. The company also received multi-million-dollar orders for WAM-V® systems from customers in Latin America.

Develop a higher-capacity PowerBuoy® model to support larger, power-hungry subsea equipment for deep-water Oil & Gas.

While Ocean Power Technologies, Inc. serves the Oil & Gas market, specific financial or capacity numbers for a new, higher-capacity PowerBuoy model aimed at deep-water subsea equipment were not publicly detailed in the latest reports. The company did note that its next-generation buoy can function with solar and small wind turbines, even in areas with little wave activity, and can incorporate the wave energy cartridge for three sources of renewable power to fuel any payload.

Create a standardized, rapidly deployable PowerBuoy® for temporary research and disaster relief missions.

The company is focused on delivering rapidly deployable systems, as noted by CEO Philipp Stratmann. Ocean Power Technologies, Inc. secured a contract in March 2025 for a PowerBuoy® for immediate delivery in the USA, to be deployed on the East Coast, which enables future integration of surface and subsea sensors. The deployment with the Naval Postgraduate School, which began in early 2025, serves as a demonstration of persistent, rapidly deployable offshore infrastructure for research missions.

  • The WAM-V® platform is described as a highly adaptable and attritable Unmanned Surface Vehicle.
  • The PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications.
  • The company signed a $3 million reseller agreement to expand reach across Central America.

Ocean Power Technologies, Inc. (OPTT) - Ansoff Matrix: Diversification

Develop and market a Mass-On-Spring-Wave-Energy-Converter (MOSWEC) for utility-scale grid power generation.

A base building block for the MOSWEC system, utilizing a 3-tonne reaction mass, is estimated to achieve an average peak power of 2 kW. Different configurations are analyzed to provide power levels up to nearly 30 kW. The next-generation MOSWEC prototype integrates wind and solar energy harvesting.

Offer a full-service, contractor-owned, contractor-operated (COCO) fleet management model for non-maritime autonomous systems.

Ocean Power Technologies, Inc. established a Master Services Agreement with Unique Group in the UAE for non-defense WAM-V® USV projects. Under this, Unique Group immediately leased one OPT WAM-V 22 unmanned surface vehicle, with provisions for revenue sharing. This positions the company to scale recurring lease income in the region.

Enter the inland waterways market with smaller, specialized WAM-V® variants for river and lake infrastructure inspection.

The WAM-V® 8 variant is engineered for operation from open ocean to inland waterways due to its lightweight design and shallow draft. Specifications for the WAM-V® 8 include:

  • Length: 8 ft (2.7 m).
  • Draft: 4 in (10 cm).
  • Lightship Weight: 340 lbs (156.5 kg).
  • Payload Capacity: 100 lbs (45 kg).

Acquire a complementary subsea sensor or robotics firm to offer a fully integrated, non-OPTT-platform solution.

Ocean Power Technologies, Inc. secured an OEM agreement with Teledyne Marine to co-develop integrated payload and AI solutions. The company completed a U.S. Naval Postgraduate School deployment of a PowerBuoy® integrating AT&T® 5G technology and advanced subsea sensors.

Establish a dedicated Maintenance, Repair, and Overhaul (MRO) service hub in a new region like the UAE to generate pure service revenue.

Ocean Power Technologies, Inc. plans to establish a dedicated MRO hub in the UAE to support regional operations and enhance service responsiveness, creating a scalable path to recurring revenue.

The company is executing on a strategy to scale through high-impact regional partnerships, such as the one in Central America via a $3 million reseller agreement.

Here's the quick math on recent financial performance:

Metric Fiscal Year 2025 (FY25) First Quarter Fiscal 2026 (1Q26)
Revenue $5.9 million $1.2 million
Revenue Change vs. Prior Period +6% (vs FY24) -9% (vs 1Q25)
Backlog (End of Period) $12.5 million (as of April 30, 2025) $15.0 million (as of July 31, 2025)
Backlog Increase vs. Prior Year 158% 184% (vs July 31, 2024)
Operating Expenses $23.3 million $7.1 million
Operating Expense Change vs. Prior Year -28% +44% (vs 1Q25)
Net Loss $21.5 million $7.4 million

What this estimate hides is the volatility; for instance, Q3 FY25 revenue was $0.8 million, a 54% decrease year-over-year. Still, net cash used in operating activities improved to approximately $18.6 million in FY25 from $29.8 million in FY24.

Finance: draft 13-week cash view by Friday.


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