Ocean Power Technologies Certified as Trusted Uncrewed Maritime Systems Operator Training Provider by AUVSI

Ocean Power Technologies becomes AUVSI-certified to provide operator training for uncrewed maritime systems, enhancing safety and professionalism in the industry.

Quiver AI Summary

Ocean Power Technologies, Inc. has announced that it has been certified by the Association for Uncrewed Vehicle Systems International (AUVSI) as a Trusted Uncrewed Maritime Systems Operator Training Provider. This certification allows OPT to deliver AUVSI-aligned training and certification for uncrewed surface vehicle operations, catering to professionals in government, defense, commercial, and academic sectors. The training will utilize OPT's WAM-V® platform, which is recognized for its adaptability and stability in various maritime environments. This initiative is aimed at ensuring operators meet safety and competency standards, supporting the growth of the uncrewed maritime sector, and enhancing workforce readiness. Jason Weed, Senior Vice President at OPT, emphasized the company’s commitment to advancing safe and effective uncrewed operations through this certification, which establishes operational proficiency and ethics across the industry.

Potential Positives

Ocean Power Technologies has been certified as a Trusted Uncrewed Maritime Systems Operator Training Provider by AUVSI, highlighting its leadership and expertise in uncrewed surface vehicle operations.
The certification positions OPT to provide comprehensive training services that enhance safety and competency in the emerging uncrewed maritime sector, supporting workforce readiness.
This initiative is expected to generate recurring revenue through training programs offered at its Pacific and Atlantic Ocean locations and at customer sites.
Joining AUVSI’s network strengthens OPT's credibility and expands its market presence in the uncrewed systems industry, aligning with increasing regulatory and operational standards.

Potential Negatives

The forward-looking statements in the release highlight potential risks and uncertainties regarding the success of the new training program, which could undermine investor confidence if actual results deviate from expectations.
The company's reliance on the newly certified training program as a revenue source raises concerns about its ability to diversify revenue streams beyond training, which could be seen as a limited business model.
There is a lack of detailed information on how the training program will be marketed or its competitive positioning, which could lead to execution challenges in attracting customers.

FAQ

What is Ocean Power Technologies' recent certification?

Ocean Power Technologies has been certified by AUVSI as a Trusted Uncrewed Maritime Systems Operator Training Provider.

What does the AUVSI certification signify?

The certification signifies a commitment to professionalizing uncrewed surface vehicle operations and ensuring operator training aligns with industry standards.

Where will the operator training be conducted?

Training will be offered at OPT's Pacific and Atlantic Ocean locations, as well as customer sites.

What benefits does the WAM-V platform offer?

The WAM-V platform provides adaptability, stability, and mission versatility for various maritime environments and operations.

How does this certification support the maritime workforce?

This certification enhances workforce readiness by expanding access to training that meets emerging regulatory and safety standards in uncrewed maritime systems.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$OPTT Insider Trading Activity

$OPTT insiders have traded $OPTT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $OPTT stock by insiders over the last 6 months:

PHILIPP STRATMANN (President and CEO) purchased 3,989 shares for an estimated $1,974

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$OPTT Hedge Fund Activity

We have seen 24 institutional investors add shares of $OPTT stock to their portfolio, and 12 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JANE STREET GROUP, LLC added 550,892 shares (+597.0%) to their portfolio in Q2 2025, for an estimated $261,618
SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 517,464 shares (-80.9%) from their portfolio in Q2 2025, for an estimated $245,743
MILLENNIUM MANAGEMENT LLC added 268,883 shares (+inf%) to their portfolio in Q2 2025, for an estimated $127,692
UBS GROUP AG added 243,582 shares (+26.2%) to their portfolio in Q2 2025, for an estimated $115,677
GEODE CAPITAL MANAGEMENT, LLC added 236,542 shares (+15.2%) to their portfolio in Q2 2025, for an estimated $112,333
CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. added 198,150 shares (+inf%) to their portfolio in Q2 2025, for an estimated $94,101
RENAISSANCE TECHNOLOGIES LLC added 137,069 shares (+inf%) to their portfolio in Q2 2025, for an estimated $65,094

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$OPTT Analyst Ratings

Wall Street analysts have issued reports on $OPTT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Ladenburg Thalmann issued a "Buy" rating on 09/24/2025

To track analyst ratings and price targets for $OPTT, check out Quiver Quantitative's $OPTT forecast page.

Full Release

MONROE TOWNSHIP, N.J., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and more productive ocean operations and related power, data, and service solutions, today announced that it has been officially certified by the Association for Uncrewed Vehicle Systems International (AUVSI) as a Trusted Uncrewed Maritime Systems (UMS) Operator Training Provider, marking a significant milestone in the professionalization of uncrewed surface vehicle (USV) operations.

Through this certification, OPT joins a select group of organizations qualified to deliver AUVSI-aligned operator training and certification under the nation’s first industry-led framework for uncrewed maritime systems.

OPT will provide comprehensive training for government, defense, commercial, and academic professionals seeking certification in uncrewed surface vehicle operations. Training will be delivered using OPT’s proven WAM-V® (Wave Adaptive Modular Vessel) platform, which is known for its adaptability, stability, and mission versatility across a range of maritime environments. This revenue generating training will be provided at both OPT’s Pacific and Atlantic Ocean locations and at customer sites.

“Receiving AUVSI certification as a Trusted UMS Operator Training Provider underscores our commitment to advancing safe, effective, and professional uncrewed operations,” said Jason Weed, Senior Vice President, Commercial Sales, Ocean Power Technologies. “Our WAM-V® systems are being used worldwide for defense, research, and commercial applications, and we believe this training program ensures operators are fully prepared to meet mission objectives with the highest standards of safety and competency.”

The AUVSI Trusted UMS Operator Program establishes a consistent baseline for operational proficiency, ethics, and safety across the maritime autonomy ecosystem—building on the success of AUVSI’s Trusted UAS Operator™ framework for aerial systems.

As a certified training provider, OPT is expanding access to operator training and certification that aligns with emerging regulatory, operational, and security standards, strengthening workforce readiness and supporting the continued growth of the uncrewed maritime sector.

“We’re proud to play a leading role in setting the standard for USV operator development,” added Weed. “This certification reinforces our dedication to building a skilled and capable maritime workforce ready for the future of autonomous operations. It also supports our recurring revenue efforts.”

With this certification, Ocean Power Technologies joins AUVSI’s expanding network of trusted providers driving safety, professionalism, and innovation across the uncrewed systems industry.

For additional details on Ocean Power Technologies and its services and solutions for the defense, security and ocean energy industries, please visit www.oceanpowertechnologies.com .

For more information on the AUVSI’s Trusted UMS Operator Program, please visit https://www.auvsi.org/certification-training/trusted-operator-maritime/ .

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® autonomous surface vessels (ASVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com .

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 potential continuing success with the AUVSI training program, the delivery of customer products and services over extended timeframes, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. 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.

Contact Information

Investors: 609-730-0400 x401 or [email protected]
Media: 609-730-0400 x402 or [email protected]