Friday, July 22, 2016 11:57:30 PM
(OPTT= Ocean Power Tech).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124056412
The main reason the stock has been soaring is that Ocean Power is currently transitioning to a more commercial focus. Until now, the company has been committed to developing and perfecting its technology, and now it seems it is ready to be sold to the world.
OPTT's business plan is consistent with its strategic pivot refocusing its product development efforts on autonomous PowerBuoys and its deliberate decision to transition toward commercial revenues: Huge Revenues Are Coming and OPTT's future is bright, VERY bright.
The company also recently announced its newest product deployment, which is a major step in its plan to commercialize the business. Last week, Ocean Power released its first and second PB3 PowerBuoy approximately four miles off of the coast of New Jersey.
“This deployment of our PB3 represents what we expect will be the final validation step prior to release of the product to our target customers and markets… As per our previously announced plan, this deployment represents a major milestone in our commercialization strategy enabling us to put our product in the hands of our customers. I am very proud of this critical company achievement,” said Ocean Power CEO George H. Kirby.
OPTT is a Strong BUY.
Go OPTT $$$$$$$$$$$
Recent OPTT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 09:14:54 PM
- Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2025 Results • GlobeNewswire Inc. • 09/16/2024 09:02:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 08:05:20 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/12/2024 01:15:41 PM
- Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific’s Project Overmatch’ Mission Autonomy Proving Grounds • GlobeNewswire Inc. • 09/12/2024 12:41:04 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/12/2024 04:15:05 AM
- Ocean Power Technologies Completes AI capable Merrows™ PowerBuoy® for Delivery to the Middle East • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- Ocean Power Technologies Completes New WAM-V for Immediate Delivery to Latin America • GlobeNewswire Inc. • 09/09/2024 12:00:00 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 09/06/2024 08:16:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:05:34 PM
- Ocean Power Technologies Completes Long Term Testing of Next Generation PowerBuoy® • GlobeNewswire Inc. • 09/05/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 08:19:21 PM
- Ocean Power Technologies Receives Further Contract for PowerBuoy® Deployment with Naval Postgraduate School • GlobeNewswire Inc. • 09/03/2024 12:00:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/30/2024 08:10:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 08:05:15 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/28/2024 09:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2024 08:05:35 PM
- Ocean Power Technologies to Report Fiscal 2025 First Quarter Results on September 16, 2024 • GlobeNewswire Inc. • 08/21/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:05:30 PM
- Ocean Power Technologies Continues Global Expansion with Signing of Strategic Reseller Agreements in All Key Continents • GlobeNewswire Inc. • 08/12/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:06:06 PM
- Ocean Power Technologies Issues Stockholder Vote and Meeting Reminder • GlobeNewswire Inc. • 08/02/2024 09:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 01:00:34 PM
- Ocean Power Technologies Announces Patent Pending on Innovative Docking and Recharging Buoy Technology • GlobeNewswire Inc. • 08/01/2024 12:00:00 PM
- Ocean Power Technologies Expands in Latin America with Reseller Agreement in Costa Rica • GlobeNewswire Inc. • 07/30/2024 12:00:00 PM
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