Ocean Power Tech CEO Stratmann to join Water Tower Research fireside chat Aug. 25

OPTT•2026-08-25

Ocean Power Technologies CEO Philipp Stratmann is scheduled to speak in a Water Tower Research fireside chat on Tuesday at 11:00 a.m. ET.
Discussion is set to focus on the shift in FY26 toward operations, not technology development.
Planned coverage includes a record backlog of $19.8 million, up 58% in 2026, at nearly five times FY26 revenue.
Management is expected to address Coast Guard deployment scale, renewal prospects, recurring revenue from a lease-like buoy model.
Other topics include gross margin targets of 35%-55%, growth funding plans, FY27 execution milestones.

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