nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? Latest News. InvestorsHub.com, Inc. at InvestorsObserver.com Wed, Aug. 26. To learn more, visit www.oceanpowertechnologies.com.About Aspire Capital Fund LLC Aspire Capital is an institutional investor based in Chicago, Illinois, with a fundamental investment approach. About Ocean Power Technologies the safe harbor provisions of the Private Securities Litigation Pre-Market 0.06 (6.94%) MT Newswires … * OPT’s PB3 PowerBuoy® on lease to Eni and deployed in the Adriatic Sea reached a milestone surpassing more than 600 days of continuous operation.Management Commentary “We are fielding strong demand for proposals of OPT solutions from diverse markets,” said George H. Kirby, President and Chief Executive Officer of OPT. long-term offshore installations requiring electric power, backup OPTT | Complete Ocean Power Technologies Inc. stock news by MarketWatch. * Aspire Capital has agreed that neither it nor any of its agents, representatives, and affiliates shall engage in any direct or indirect short-selling or hedging of the Company's common stock during any time prior to the termination of the Purchase Agreement; * There are no limitations on the use of proceeds, financial covenants or restrictions on future financings and there are no rights of first refusal, participation rights, penalties, or liquidated damages in the Purchase Agreement; and * The Purchase Agreement may be terminated by the Company at any time, at its discretion, without any additional cost or penalty.A complete and detailed description of the Purchase Agreement and related Registration Rights Agreement are set forth in the Company's Current Report on Form 8-K filed on Friday, September 18, 2020, with the U.S. Securities and Exchange Commission. "estimate", "intend", "plan", "contemplate", "seek to", "future", Ocean Power Technologies (NASDAQ:OPTT) Frequently Asked Questions Proceeds will be used by OPT to build additional PowerBuoys® as needed to meet potential market demand, to further advance the development of new products and solutions, and for other general corporate purposes. Ocean Power Technologies, Inc. Common Stock, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /^([^@\s]+)@((?:[-a-z0-9]+\. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the SEC for a further discussion of these risks and uncertainties. See More Posts on {{symbol}} Message Board. The net loss for the first quarter of fiscal 2021 increased by $0.4 million as compared to the first quarter of fiscal 2020, which was mainly attributable to product development and administrative costs.Balance Sheet and Cash Flow Total cash, cash equivalents, and restricted cash was $12.0 million as of July 31, 2020. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. © CONTACT: Contact Information - OPT Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com, Kyle Dennis took a leap of faith and decided to invest his savings of $15K in the stock market — $2.8M later, he owes his success to these strategies, Investor Conference Call and Webcast on September 15, 2020, at 11:00 A.M. ETMONROE TOWNSHIP, N.J., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the first quarter of fiscal year 2021 ended July 31, 2020.Recent Operational Highlights * OPT announced two complementary new products: the hybrid PowerBuoy® with solar panels and an efficient Stirling engine to power payloads independent of wave activity; and the Subsea Battery that is compatible with PowerBuoy® products or deployable as a standalone power source. data communications for remote offshore and subsea applications in A combination of predictive satellite and tactical marine monitoring capabilities interfacing with a grid of interconnected PowerBuoy surveillance solutions has been proposed. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. “With new products and solutions, and an expanding sales and business development presence, we believe that we are well-positioned to deliver on our commitment to grow our revenue.”First Quarter Fiscal Year 2021 Financial Review Revenue for the first quarter of fiscal year 2021 was $0.2 million, which was essentially flat compared to the first quarter of fiscal year 2020.