# EDGAR Filing Document

**Accession Number:** 0001378140
**File Stem:** 0001493152-26-007895
**Filing Date:** 2026-2
**Character Count:** 13612
**Document Hash:** 8ba56cbbc101e206da424f2dd9be1b37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-007895.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001493152-26-007895

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 17

**CONFORMED PERIOD OF REPORT**: 20260223

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ocean Power Technologies, Inc.
- **CENTRAL INDEX KEY:** 0001378140
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 222535818
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33417
- **FILM NUMBER:** 26672526

**BUSINESS ADDRESS:**
- **STREET 1:** 28 ENGELHARD DRIVE
- **STREET 2:** SUITE B
- **CITY:** MONROE TOWNSHIP
- **STATE:** NJ
- **ZIP:** 08831
- **BUSINESS PHONE:** 609-730-0400

**MAIL ADDRESS:**
- **STREET 1:** 28 ENGELHARD DRIVE
- **STREET 2:** SUITE B
- **CITY:** MONROE TOWNSHIP
- **STATE:** NJ
- **ZIP:** 08831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ocean Power Technologies, INc.
- **DATE OF NAME CHANGE:** 20061012

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 8-K**

Current Report Pursuant to Section 13 or 15(d) of

the Securities Act of 1934

Date of Report (Date of earliest event reported): **February 23, 2026**

**Ocean Power Technologies, Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware**<br>| **001-33417** | **22-2535818**<br>|
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **28 Engelhard Drive, Suite B**<br> **Monroe Township, New Jersey**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**08831**<br>|
| (Address of principal executive offices) | (Zip Code) |

---

**(609) 730-0400**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered |
| Common Stock, $0.001 Par Value | OPTT | NYSE American |
| Series A Preferred Stock Purchase Rights | N/A | NYSE American |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 8.01 Other Events.**

On February 23, 2026, Ocean Power Technologies, Inc. (the "Company") issued a press release providing an operational update on global deployments and infrastructure development. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.

On February 24, 2026, the Company issued a press release announcing an order from the United States Coast Guard for the installation and deployment of buoy systems previously ordered. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.

**Item 9.01 Financial Statements and Exhibits.**

---

| | |
|:---|:---|
| Exhibits |  |
| 99.1 | [Press release dated February 23, 2026.](ex99-1.htm) |
| 99.2 | [Press release dated February 24, 2026.](ex99-2.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | |
|:---|:---|
|  | **Ocean Power Technologies, Inc.** |
| Dated: February 24, 2026 | */s/ Philipp Stratmann* |
|  | Philipp Stratmann |
|  | President and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Ocean Power Technologies Provides Operational Update on Global Deployments and Infrastructure Development**

**MONROE TOWNSHIP, N.J., February 23, 2026 — Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT)** today provided an operational update highlighting continued global deployments and progress on its offshore autonomy infrastructure roadmap.

The Company has shipped a WAM-V®, autonomous surface vehicle to Greece to support ongoing customer operations and field activity in the region. This deployment expands OPT's international operational footprint and reflects continued engagement across defense and commercial maritime markets.

In parallel, OPT has transitioned its integrated docking and charging program from prototype to a full-scale build, including autonomous docking and redeployment.

The Company has placed orders for components to support system integration and open-water validation as it advances toward its first early access commercial solution targeted for launch in 2026. This capability is designed to enable autonomous systems to dock, recharge, and redeploy in support of persistent offshore operations and as part of a future maritime recharging network.

OPT has also continued to advance its autonomous navigation and control capabilities through its collaboration with Mythos AI. Recent progress has strengthened perception, decision-making, and autonomous functionality required for reliable, repeatable maritime operations in dynamic environments.

"Our focus remains on disciplined execution across deployments, government programs, and infrastructure development," said Philipp Stratmann, Chief Executive Officer of Ocean Power Technologies. "We are advancing the core capabilities required to support scalable, persistent maritime autonomy for defense and commercial customers."

For more information about Ocean Power Technologies, please visit <u>www.OceanPowerTechnologies.com</u>.

**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, including Merrows™, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. 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® unmanned surface vehicles (USV's) and marine robotics services. The Company's headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit <u>www.OceanPowerTechnologies.com</u>.

**FORWARD-LOOKING STATEMENTS**

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the ultimate success of the Company's integrated docking and charging program and its collaboration with Mythos AI and the performance of the WAM-V® shipped to Greece. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_001.jpg)<br>**Ocean Power Technologies Receives Approximately $1.5 Million**

**U.S. Coast Guard Order for Installation and Deployment of Operational Buoy Systems**

**MONROE TOWNSHIP, N.J., February 24, 2026 — Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT),** today announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard (USCG) for the installation and deployment of buoy systems previously ordered.

This award completes the acquisition cycle and enables near-term fielding of the systems in support of Department of Homeland Security (DHS) maritime security missions. The Company expects this order to contribute to near-term revenues as installation and deployment activities commence.

Under the scope of work, OPT will execute deployment, commissioning, and operational activation to ensure the systems are fully integrated and mission ready. The buoys are expected to enter active service shortly following installation.

Jason Weed, SVP Commercial Sales, noted "OPT's expanding focus on defense and security has enabled us to engage more deeply with our customers, gain a clearer understanding of their evolving mission challenges, and deliver innovative solutions that were previously unavailable.

This strategic emphasis is directly aligned with the updated doctrine of the U.S. Department of Homeland Security and the U.S. Department of Defense to further strengthen Homeland Defense."<br>The systems are designed to provide persistent offshore presence, enhancing surveillance, situational awareness, and operational effectiveness in demanding maritime environments. OPT's responsibility spans manufacturing through installation and in-field support, ensuring continuity from delivery to operational performance.

This order reinforces OPT's position as a trusted partner supporting Coast Guard and DHS objectives while driving meaningful near-term revenue impact.<br>For more information about Ocean Power Technologies, please visit <u>www.OceanPowerTechnologies.com</u>.

**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, including Merrows™, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. 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® unmanned surface vehicles (USV's) and marine robotics services. The Company's headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit <u>www.OceanPowerTechnologies.com</u>.

**FORWARD-LOOKING STATEMENTS**

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties. Actual results, including the performance of the PowerBuoys®, could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

**Contact Information**

Investors: 203-561-6945 or <u>investorrelations@oceanpowertech.com</u>

Media: 609-730-0400 x402 or <u>MediaRelations@oceanpowertech.com</u>