$OPTT

Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Other Events. Exhibit 99.1 Ocean Power Technologies and Stratum Holdings Sign Letter of Intent for Proposed Strategic Collaboration to Demonstrate Offshore Renewable-Powered Data Center Assets Companies to combine OPT’s PowerBuoy® platforms and patent portfolio with Stratum’s GPU infrastructur

Ocean Power Technologies (OPTT) and Stratum Holdings signed a non-binding LOI to test offshore data centers powered by wave, wind, and solar energy. OPTT will license PowerBuoy patents and provide prototypes, while Stratum will supply GPUs and pay a monthly retainer. The demo aims to assess edge AI workloads on renewable-powered systems without shore-based power. Both companies highlight potential benefits like reduced bandwidth and cooling demands.

Ocean Power Technologies (OPTT) announced its PowerBuoy 2.0 Solar and Wind Mini was chosen for a U.S. Government operational exercise. The selection does not guarantee a contract or endorsement. The company noted this is an early validation step, with potential for future funded pilots or awards.

Ocean Power Technologies (OPTT) demonstrated its WAM-V 8 platform in surf-zone conditions, evaluated by ERDC, USACE, and Field Research Facility teams. The test provided operational insights for larger 16-foot and 22-foot platforms. While improvements are needed, the engagement with key government stakeholders could open future contract opportunities. OPTT was ranked #3 in a list of best green energy penny stocks.

Ocean Power Technologies (OPTT) is implementing Palantir Foundry to support its expanding maritime operations. The company aims to scale its autonomous systems with help from Palantir partner Foxtrot. OPTT's CEO highlights the need for reliable deployment and support. The initiative may improve operational visibility but carries risks, including budget overruns and dependence on external providers.

Ocean Power Technologies (OPTT) received an order from the Naval Postgraduate School for a WAM-V 8 maritime drone. The drone will be used for littoral sensing and autonomous systems research. The order expands OPT's existing relationship with the school, which includes a previously deployed PowerBuoy. OPT's CEO highlighted the order's role in expanding their maritime infrastructure offerings.

Ocean Power Technologies (OPTT) announced Robert Powers' departure as CFO on September 30, 2026. Victoria Hay, co-owner of Flexible Consulting, will serve as interim CFO under a consulting agreement. Powers' departure was mutual, and Hay brings extensive financial and accounting experience.

Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. CFO Agreement As described below under Item 5.02, effective September 30, 2026, Ocean Power Technologies, Inc. (the “Company”) entered into an engagement agreement with Flexible Consulting, LLC (“Flexible Consulting”), a finan

Ocean Power Technologies (OPTT) completed a proof of concept for Greensea IQ, demonstrating offshore deployment of the Bayonet 150 AUGV from a modified WAM-V 16 unmanned surface vessel. The test focused on transport, deployment, and safe separation, showcasing WAM-V's adaptability as a modular platform. OPTT believes this highlights the vessel's role in supporting specialized systems for various missions.

Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Jason Weed I’ve been working since last year for RepMUSE. So it’s a very large NATO exercise, and we’re working directly with the US contingent. And it’s allowed us to take our uncrewed surface vehicles, so our surface drones, and put them directly in the hands of th