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Ocean Power Technologies, Inc. (OPTT) is a manufacturing and production company in the vessel construction and maintenance operations industry, based in Monroe Township, United States, with about 65 full-time employees.
It reported revenue of $3.74 million for fiscal year 2026, down 36.2% from fiscal year 2025, and net income of -$48.92 million. In Q1 2027 (the quarter ended July 31, 2026) revenue was $1.70 million, up 44.1% from a year before. Europe was its largest region in fiscal year 2026, with 48% of revenue. Its market capitalization was $7.63 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended April 30, 2026; market data as of October 9, 2026.
, a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS).
Ocean Power Technologies reported $3.74 million in revenue for fiscal year 2026, down 36.2% from $5.86 million in fiscal year 2025. In Q1 2027 revenue was $1.70 million.
Europe: 48% of revenue by region in fiscal year 2026, followed by North & South America (33%).
$7.63 million as of October 9, 2026.
Listed companies of a similar size in the same industry (vessel construction and maintenance operations) include Twin Disc, Incorporated (TWIN), Conrad Industries, Inc. (CNRD), Nauticus Robotics, Inc. (KITT), Pacific Green Technologies Inc. (PGTK).