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$OPTT, they sure have been quiet lately.
$OPTT Amazing and they are going to report being profitable soon.
Golden cross on the daily.
$OPTT from today's pr, deployment in early 2025 alongside the Technology Showcase NPS is hosting in January. Could be a big deal imo.
The Naval Innovation Center at NPS will provide a capability unavailable elsewhere in the DOD for industry and academic partners to work side-by-side with NPS' 1500+ operational students and expert faculty to solve the unique challenges facing the DOD in a collaborative, applied and classified setting. The facility will enable concept to capability through the latest technologies to prototype, iterate, test and deliver solutions into the hands of the warfighter at speed and scale.
Combining the latest in architectural initiatives and immersive technology, the Naval Innovation Center at NPS will be an incubator for advanced warfighting solutions up to the classified level. NPS is at the nexus of academia, industry and the DOD making the organization the ideal place to develop, foster and lead a culture of innovation within the Department of Defense. Investing in the Naval Innovation Center today will yield highly impactful warfighting dividends, essential to U.S. security in the 21st century.
Well about a year ago they said they expected to be profitable about now so I would call that a pretty big deal. I think folks are also expecting other things to be exposed in the actual 10q on the 16th or on the conf call the morning of the 17th. Guess we'll see my friend.
The company put out the PR on 18 Nov so I guess we'll see Monday in a/hs.
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 it will release early earnings for its fiscal 2025 second quarter for the period ended October 31, 2024 after the market closes on Monday December 2, 2024. It also announced it will release its full results for the same quarter after the market closes on Monday December 16, 2024.
$OPTT early earnings report update on 2 Dec.
$PIRS heavy volume day
Schwab has $OPTT institutional ownership up approx 11%.
$OPTT, another follow on $1,000,000 contract with Naval Information Warfare Center Pacific’s Project Overmatch’ Mission
$OPTT has so many irons in the fire it wouldn't surprise me to see someone try and buy them out. Jmo.
Not in currently. Looks to be still searching for it's bottom.
$DRMA, correction, massive volume.
$DRMA, great volume again today.
$DRMA heavy volume.
$AVGR aw, there she went.
$AVGR low floater poking it's nose into oversold territory.
$PIRS low O/S merger. Held on to a few of these just for giggles.
Try this again. 7 days to fins and conf call the following morning.
$DRMA 562,000 O/S and traded over a mil today..
Sounds right CD
Guess we'll know their position in 4.5 days when fins come out. Looking forward to it.
$OPTT 6.5 days to fins. Should be interesting.
$OPTT Sweet news with Signs OEM Agreement with Key Maritime Technology Provider Teledyne Marine
$OPTT 12.5 days to financials.
$OPTT, impressive volume Friday. They just finished a presentation 21-23 May also.
No clue my friend. I'm watching this again though and may start to buy back in.
That Pink sheet company made an attempt at a hostile takeover of OPT by Proxy fight not long ago. Now they want to be pals and give them $3,000,000. Not thinking OPT folks want much to do with them.
Might not have to wait long.
$OPTT news is promising. I have an opinion that paragon tries to slow us down from time to time, maybe even short it. The volume this time though is sweet!
This isn't even close to being oversold yet. Shorts have already made a small fortune. There's no support until $24 and then $22. I wish you the best.
Shorts are enjoying this one as they know the track record of this useless example of a human being imo. The stock isn't worth what it's currently trading for. Remember this, You can't polish a turd.
$POLA has an up gap that could fill up to about .73 with nothing in the way.
$OPTTs orders along with their other activities with the U.S. Navy and NOAA are moving them closer and closer to profitability.
Mine went off at .265. Back on watch again.
$OPTT could run up a dime which is deserving imo.
$PIRS no resistance up to .27 imo and a large gap above that.
The 3 stooges, otcbb, arca and h are doing everything they can to hold this down. They might be in for a surprise.
$OPTT and Sulmara,
Sulmara continues to invest in the future of USV solutions
Fast-growing Scottish subsea services specialist Sulmara has set its sights on further success after investing $1.6 million in equipment which will allow it to limit the environmental impact of offshore operations.
Glasgow-headquartered Sulmara has placed the order with Ocean Power Technologies, Inc. for several of its Wave Adaptive Modular Vessels (WAM-V), a dual-hull Uncrewed Surface Vessel (USV) which specialises in near-shore data collection.
New Jersey firm OPT said it was the largest single order it had ever received. And Andy Doggett, Chief Technology Officer at Sulmara, said the investment was a sign of things to come from the company.
He said: “Sulmara has built an extensive track record of project delivery with USV systems in Asia Pacific, Europe and the US, where we have demonstrated the ability of uncrewed systems to produce quality data in the harshest of environments with a minimal cost to the environment.
“Given it has unique characteristics including being light-weight and modular, possessing a very shallow draft and wave adaptive stability, as well as being fully electric, the WAM-V systems can carry out operations in areas where other vessels struggle and with a massively reduced carbon footprint.
"We have worked closely with the design and engineering team at OPT to adapt the WAM-V design to include additional features such as the towing of subsea sensors to widen the system’s capability to meet the needs of our clients from both a data delivery and carbon cost perspective.”
$OPTT 8K filed.
https://investors.oceanpowertechnologies.com/node/15236/html
The 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) of Ocean Power Technologies, Inc. (the “Company”), first called to order virtually on January 31, 2024 and adjourned due to the absence of a quorum without any business being conducted, was reconvened virtually on February 28, 2024 at which time, following the determination that a quorum was present, the business of the 2023 Annual Meeting was conducted.
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