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Ocean Power Technologies ( (OPTT) ) has shared an announcement.
On July 9, 2025, Ocean Power Technologies announced the installation of its PowerBuoy® system for the Naval Postgraduate School in Monterey Bay. This system integrates AT&T 5G technology and advanced subsea sensors, marking a significant step in OPT’s strategic plan to enhance maritime security and operational awareness. The collaboration with AT&T highlights the potential of PowerBuoys® as 5G communication nodes, which could accelerate the growth of OPT’s services business.
Spark’s Take on OPTT Stock
According to Spark, TipRanks’ AI Analyst, OPTT is a Neutral.
Ocean Power Technologies faces significant financial challenges with poor profitability and cash flow metrics, which heavily impact its overall score. However, technical indicators suggest some potential for short-term improvement, and recent corporate events provide a positive outlook for future operational and financial stability.
To see Spark’s full report on OPTT stock, click here.
More about Ocean Power Technologies
Ocean Power Technologies, Inc. (OPT) is a leader in providing innovative and cost-effective low-carbon marine power, data, and service solutions. The company focuses on intelligent maritime solutions for defense and security, oil and gas, science and research, and offshore wind markets. Their products include the PowerBuoy® platforms and Merrows™ AI-capable systems for seamless Maritime Domain Awareness integration.
Average Trading Volume: 3,975,058
Technical Sentiment Signal: Buy
Current Market Cap: $92.42M
Learn more about OPTT stock on TipRanks’ Stock Analysis page.