Ocean Power Technologies selected for $40M U.S. Navy IDIQ contract for autonomous ocean mapping

Ocean Power Technologies, Inc.

Selected as one of six potential awardees under a $40M IDIQ contract with the Naval Oceanographic Office.
Contract supports high-resolution ocean-floor mapping using long-endurance unmanned surface vehicles.
Two-year ordering period from Aug 2026 to Jul 2028; task orders competed among awardees.
Award validates transition of commercial maritime tech to operational capabilities for DoD customers.
Expands OPT's ability to support U.S. Government programs and advance Robotics as a Service strategy.

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