Ocean Power Technologies, Inc. 8K

Ocean Power Technologies has been selected as one of six potential awardees for a $40 million U.S. Navy NAVOCEANO IDIQ contract for autonomous ocean mapping services over a two-year period starting in August 2026.

On August 5, 2026, Ocean Power Technologies, Inc. announced it has been selected as one of six potential awardees under a U.S. Navy Naval Oceanographic Office (NAVOCEANO) multiple-award, firm-fixed-price IDIQ contract with an aggregate ceiling of $40 million, covering high-resolution ocean-floor mapping services using long-endurance unmanned surface vehicles across the Indian and Pacific Oceans during an anticipated two-year ordering period from August 2026 through July 2028, enabling the company to compete for task orders and further advance its maritime technology and Robotics as a Service strategy with U.S. Government customers.

Filing Facts

CIK

1378140

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-036203

Alert Tier

6