Ocean Power Technologies to Participate in Fireside Chat with Water Tower Research on July 17, 2024

OPT to Discuss Investing in Growth and Commercialization Opportunities

MONROE TOWNSHIP, N.J., July 11, 2024 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company’s ongoing commitment to connecting with the investor community, it will participate in the “Fireside Chats” series hosted by Water Tower Research (WTR) at 11:00 a.m. ET on July 17, 2024.

During this installment, Dr. Philipp Stratmann, Chief Executive Officer for OPT, will discuss the Company’s investments in growth and commercialization opportunities.

“We are excited to continue our ‘Fireside Chats’ series and provide our investors with an in-depth look at our Company’s efforts to support ocean sustainability and safety,” said Dr. Philipp Stratmann, CEO of Ocean Power Technologies.

The “Fireside Chats” series is an opportunity for the company to connect with the investment community and provide them with the latest updates on the company’s progress and future plans.

To register for this listen-only event, please visit:

Fireside Chat Registration Link

The replay of the presentation will be available under “Events and Presentations” in the Investors section of the OPT website at investors.oceanpowertechnologies.com.

ABOUT OCEAN POWER TECHNOLOGIES:

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics. The Company’s headquarters are located in Monroe Township, New Jersey and we have an office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.

CONTACT: CONTACT INFORMATION 
Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com 
Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com