Record Funded Backlog
Entered fiscal '26 with $12.5 million in funded backlog, the highest in the company's history, indicating strong customer confidence and demand for solutions.
Revenue Growth and Cost Reduction
Fiscal 2025 was a record year for revenue with $5.9 million, a 7% increase over the prior year, alongside a 26% reduction in operating expenses.
Strategic Partnerships and Certifications
Expanded partnerships with key players like Red Cat and Teledyne Marine and achieved ISO 9001 certification for quality management, enhancing market credibility and operational foundation.
Involvement in U.S. Navy's Project Overmatch
OPT's WAM-V platforms were selected for the U.S. Navy's autonomy exercises, reflecting high trust and alignment with defense goals.
Strengthened Financial Position
Secured $10 million unsecured debt financing post-fiscal year-end, boosting liquidity and enabling execution on record backlog.