Ocean Power Technologies Receives $1.5M U.S. Coast Guard Order for Buoy System Deployment

Reuters02-24

<a href="https://laohu8.com/S/OPTT">Ocean Power Technologies</a> Receives $1.5M U.S. Coast Guard Order for Buoy System Deployment

Ocean Power Technologies Inc. said it received an approximately $1.5 million purchase order from the U.S. Coast Guard for the installation and deployment of previously ordered buoy systems. The company said the work includes deployment, commissioning, and operational activation, and it expects the order to contribute to near-term revenue as installation and deployment activities begin.

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 GlobeNewswire (Ref. ID: 202602240815PRIMZONEFULLFEED9659822) on February 24, 2026, and is solely responsible for the information contained therein.

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