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Ocean Power Technologies Announces Selection As One Of Six Awardees Under $40M Multiple-Award NAVOCEANO IDIQ Contract For Ocean-Floor Mapping Through July 2028

Aug 5, 2026 · 08:15 AM ET· updated 1h ago

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Why It Matters

Ocean Power Technologies won a chance to do underwater mapping work for the Navy for the next few years. This shows the government thinks the company can do useful work, which might help it earn money from this contract.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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