MARKETS
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Ocean Power Technologies Initiates Strategic Alternatives Review To Maximize Stockholder Value; Retains Bowen, Inc. As Financial Advisor To Evaluate Opportunities To Accelerate Growth, Expand Market Access And Strengthen Financial Position

Aug 17, 2026 · 08:17 AM ET· updated 1h ago

Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced that that its Board of Directors has

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Why It Matters

Ocean Power Technologies hired a financial advisor to look at different ways to grow the company and improve its finances. When a company does this, it means the leaders are thinking hard about what's best, so watch to see what plans they announce next.

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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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