Ocean Power Technologies Inc. (NYSE: OPTT) President and CEO Philipp Stratmann recently appeared on the WTR Small Cap Spotlight Podcast to discuss the company’s business strategy and recent developments. Stratmann highlighted OPT’s focus as a maritime domain awareness company, providing autonomous data collection and transmission solutions for ocean operations across industries including defense, security, oil and gas, science, and offshore wind. He emphasized the company’s technological advantages, such as advanced buoys for data gathering, and discussed OPT’s deliberate efforts to expand its government business, including building a team of experienced maritime veterans and securing facility clearance for classified projects. Stratmann also referenced the company’s recent $5 million contract with the Department of Homeland Security as a significant milestone in its growth strategy.
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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-001119), on January 09, 2026, and is solely responsible for the information contained therein.
Comments