Ocean Power Technologies to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10
April 01 2024 - 3:30PM
Ocean Power Technologies, Inc.
(NYSE American: OPTT)
(“OPT” or the “Company”), a leader in innovative and
cost-effective low-carbon marine power, data, and service
solutions, today announced that Philipp Stratmann, CEO, and
Bob Powers, CFO, will present at the AI & Technology Hybrid
Investor Conference presented by Water Tower Research and hosted by
Virtual Investor Conferences, on Wednesday April 10th, 2024.
Event Information:
DATE: Wednesday, April 10,
2024TIME: 11:30 AM ESTLINK: AI
& Technology Hybrid Investor Conference Registration
- OPT CFO, Bob Powers, will be available for 1x1 meetings
on April 10th.
This will be a live, interactive online event where investors
are invited to ask questions in real time. If you’d like to attend
in-person, please email conferences@watertowerresearch.com for an
attendee pass. If attendees are not able to join the event live on
the day of the conference, an archived webcast will also be made
available after the event.
It is recommended that online investors pre-register and run the
online system check to expedite participation and receive event
updates.
To learn more about the event, click this link: AI &
Technology Hybrid Investor Conference Presented by Water Tower
Research.
Recent Company Highlights
- In March 2024 OPT announced receipt
of the largest quantity order in the company’s history, marking a
significant commercial milestone. A valued customer engaged in the
offshore energy service industry in Latin America has
placed purchase orders for multiple WAM-V USV's, representing a
substantial investment totaling over $1.5 million and
highlighting OPT’s continued expansion in the region.
- In February 2024 OPT received
funding from the Naval Postgraduate School (NPS)
in Monterey, California, for the year-long deployment of a
PowerBuoy® in Monterey Bay. This deployment signifies the
first installation of AT&T cellular technology on one of OPT's
commercially proven ocean buoys. This advancement is a testament to
the ongoing collaboration between OPT and AT&T.
- In February 2024 OPT announced it
has received multiple orders from a Latin American company for
fully integrated WAM-V Unmanned Surface Vehicles (USVs) totaling
over $1.25 million. These orders underscore the growing demand
for OPT's advanced marine technologies and their applications in
maritime surveillance, environmental monitoring, and ocean data
collection.
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. 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.
About Water Tower Research, LLCWTR is
modernizing Investor Relations through research-driven
communications and Investor Engagement. Sound investment research
begins with good information. At WTR, we help companies and
investors connect by creating expert information flow and
strategies that are the foundations of a successful modern investor
relations platform. Our analysts and capital markets professionals
bring decades of unrivaled Wall Street experience and insight to a
new digital world of investor communications and engagement. Our
research and investor content are open for everyone to access and
distributed across traditional research aggregators like Bloomberg,
FactSet, etc., proprietary direct distribution lists, social media,
search engines, and our website. As a result, every institutional
and retail investor has equal access to our high-quality company
research. Our mission is to help companies take control of their IR
program and proactively reach investors while bringing investors a
consistent flow of quality information to help them understand our
clients’ businesses, industries, and the investment opportunities
they present.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Ocean Power Technologies,
Inc.Bob PowersCFO(609) 730-0400 ext.
239rpowers@oceanpowertech.com
Virtual Investor Conferences John M.
ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221johnv@otcmarkets.com
Water Tower Research Tim ReganChief Revenue
Officer(646) 300-1228conferences@watertowerresearch.com
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