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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date of Report (Date of earliest event reported): November 4, 2025
Ocean Power Technologies, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-33417 | 22-2535818 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
28 Engelhard Drive, Suite B Monroe Township, New Jersey |
08831 | |
| (Address of principal executive offices) | (Zip Code) |
(609) 730-0400
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered | ||
| Common Stock, $0.001 Par Value | OPTT | NYSE American | ||
| Series A Preferred Stock Purchase Rights | N/A | NYSE American |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events. |
On November 4, 2025, Ocean Power Technologies, Inc. (the “Company”) issued a press release announcing an AUVSI certification. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.
| Item 9.01 | Financial Statements and Exhibits. |
Exhibits
| 99.1 | Press release dated November 4, 2025. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Ocean Power Technologies, Inc. | |
| Dated: November 6, 2025 | /s/ Philipp Stratmann |
| Philipp Stratmann | |
| President and Chief Executive Officer |
Exhibit 99.1
Ocean Power Technologies Recognized as Certified AUVSI
Trusted UMS Operator Training Provider
MONROE TOWNSHIP, N.J., November 4th,2025 - Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and more productive ocean operations and related power, data, and service solutions, today announced that it has been officially certified by the Association for Uncrewed Vehicle Systems International (AUVSI) as a Trusted Uncrewed Maritime Systems (UMS) Operator Training Provider, marking a significant milestone in the professionalization of uncrewed surface vehicle (USV) operations.
Through this certification, OPT joins a select group of organizations qualified to deliver AUVSI-aligned operator training and certification under the nation’s first industry-led framework for uncrewed maritime systems.
OPT will provide comprehensive training for government, defense, commercial, and academic professionals seeking certification in uncrewed surface vehicle operations. Training will be delivered using OPT’s proven WAM-V® (Wave Adaptive Modular Vessel) platform, which is known for its adaptability, stability, and mission versatility across a range of maritime environments. This revenue generating training will be provided at both OPT’s Pacific and Atlantic Ocean locations and at customer sites.
“Receiving AUVSI certification as a Trusted UMS Operator Training Provider underscores our commitment to advancing safe, effective, and professional uncrewed operations,” said Jason Weed, Senior Vice President, Commercial Sales, Ocean Power Technologies. “Our WAM-V® systems are being used worldwide for defense, research, and commercial applications, and we believe this training program ensures operators are fully prepared to meet mission objectives with the highest standards of safety and competency.”
The AUVSI Trusted UMS Operator Program establishes a consistent baseline for operational proficiency, ethics, and safety across the maritime autonomy ecosystem—building on the success of AUVSI’s Trusted UAS Operator™ framework for aerial systems.
As a certified training provider, OPT is expanding access to operator training and certification that aligns with emerging regulatory, operational, and security standards, strengthening workforce readiness and supporting the continued growth of the uncrewed maritime sector.
“We’re proud to play a leading role in setting the standard for USV operator development,” added Weed. “This certification reinforces our dedication to building a skilled and capable maritime workforce ready for the future of autonomous operations. It also supports our recurring revenue efforts.”
With this certification, Ocean Power Technologies joins AUVSI’s expanding network of trusted providers driving safety, professionalism, and innovation across the uncrewed systems industry.
For additional details on Ocean Power Technologies and its services and solutions for the defense, security and ocean energy industries, please visit www.oceanpowertechnologies.com.
For more information on the AUVSI’s Trusted UMS Operator Program, please visit https://www.auvsi.org/certification-training/trusted-operator-maritime/.
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, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. 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.
FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the potential continuing success with the AUVSI training program, the delivery of customer products and services over extended timeframes, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.