Ocean Power Technologies (OPTT)
Autonomous offshore power, uncrewed vessels, and maritime-domain-awareness systems.
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Supplies PowerBuoy offshore platforms, WAM-V uncrewed vessels, and Merrows software, earning revenue from hardware, services, leases, and data, robotics, and power offerings. The business operates as one segment with defense and security as its primary focus.
Combines stationary PowerBuoy platforms, mobile WAM-V uncrewed surface vessels, and Merrows command-and-control software for offshore power, sensing, communications, and maritime-domain awareness. Its hardware supports third-party payloads, while the software fuses feeds from buoys, vessels, and other sensors.
Generates revenue by selling hardware, engineering, integration, deployment, monitoring, maintenance, and support, as well as through data, robotics, and power service models. Customers span U.S. and allied defense and intelligence, coastal security, offshore energy, ports, infrastructure, science, research, environmental monitoring, and hydrographic survey across international markets.
Operates from a U.S.-centered assembly and robotics base, with a single operating segment. Offshore deployment depends on permitting and evolving autonomous-vessel rules, while classified work depends on maintaining its facility security clearance.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 31, 2026Cash & short-term investments $7.4M · Total debt $9.8M · Total assets $38.7M · Shareholders' equity $8.5M
- Revenue
- $1.7M
- Operating income
- −$15.1M
- Net income
- −$10.5M
No dividends on record.
| Institutions | 367.65% | 1.10M shares | |
|---|---|---|---|
| 90 holders · as of Jun 30, 2026 | |||
| Adds to | 367.65% | ||
300.2K company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (300.2K in the company's Sep 22, 2026 report, 6.47M elsewhere); stakes use the report.
These groups come from separate filings that can overlap, so they add to 367.65%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Vanguard Capital Management LLCInstitution | 99.05% | 8.92M | as of Jun 30, 2026 |
UBS Group AGInstitution | 76.29% | 6.87M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 36.97% | 3.33M | as of Jun 30, 2026 |
Polar Asset Management Partners Inc.Institution | 33.80% | 3.04M | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 24.42% | 2.20M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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- Huntington Ingalls Industries
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ocean Power Technologies | $2.11 | −1.40% | $14.9M | — | — | 3.5 | +44.1% |
| L3Harris Technologies | $240.50 | +0.26% | $45.98B | 24.9 | 19.4 | 2.0 | +8.4% |
| Huntington Ingalls Industries | $270.95 | +0.01% | $10.88B | 16.5 | 13.9 | 0.8 | +10.9% |
| Median | 20.7 | 16.6 | 1.4 | +9.6% |