---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-001119"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:02:36.334042+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ocean Power Technologies announces $5M DHS contract; backlog $15M, pipeline $137M

## Summary
- CEO Philipp Stratmann discusses $5M multi-buoy contract with DHS for Coast Guard border monitoring on West Coast.
- Backlog ~$15M and qualified pipeline >$137M as of Q3; contract is contractor-owned/operated with near-term revenue conversion.
- Company moves from single-unit to multi-asset contracts; international demos in Brazil, Chile, and UAE.
- System includes buoys, WAMV USVs, and docking/charging tech; data integration with Anduril for Coast Guard.
- CEO cites geopolitics and tech readiness driving growth; focus on converting pipeline to backlog and operational delivery.

## SEC filing metadata
- accession: 0001493152-26-001119
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315226001119/0001493152-26-001119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315226001119/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-001119
- JSON: https://secwatch.observer/filing/0001493152-26-001119.json
- Plain text: https://secwatch.observer/filing/0001493152-26-001119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.