Ocean Power Technologies ships first PowerBuoy system to Department of Homeland Security

Filed March 26, 2026 · Period ending March 24, 2026 · ~1 min read

Key Changes

• medium

  Company delivered first PowerBuoy system under previously announced DHS contract on March 24, marking initial execution on government agreement and potential revenue milestone.

  Item 7.01 Press Release view on EDGAR →
• medium

  Shipment represents tangible progress on federal contract, moving from award phase to delivery and potential revenue recognition for the wave energy technology provider.

  8-K: Contract Execution verify on EDGAR →