OPTT · Ocean Power Technologies, Inc.

Ocean Power Technologies (OPT) issued two press releases on May 7 and May 12, 2026, detailing significant operational milestones. The first release announced successful demonstration of autonomous docking, charging, and redeployment of its WAM-V autonomous surface vehicle, a key step toward enabling persistent offshore operations without human intervention. This capability is expected to integrate with OPT's PowerBuoy platforms to create offshore charging points, forming a distributed marine charging network. The second release announced the active deployment of three PowerBuoy systems supporting U.S. Department of Homeland Security maritime surveillance operations. All units are transmitting real-time data simultaneously, with one operating in water depths exceeding 1,000 meters. The systems are integrated with Anduril Industries' Lattice autonomous command and control platform, enabling seamless data ingestion into operational workflows. These developments demonstrate OPT's progress in scaling autonomous offshore systems for defense and commercial applications, moving from single deployments to coordinated networks. The company continues to advance its next-generation WAM-V platform and autonomy software, positioning itself as a provider of integrated solutions for persistent offshore operations.