Ocean Power Technologies is trading at $0.21 (+5.34%) on renewed attention to the August 5, 2026 selection for a $40 million U.S. Navy autonomous ocean-mapping IDIQ contract.
- It is one of six potential awardees; task orders will be competed, making the ceiling aggregate rather than guaranteed company revenue.
- The move follows an earlier 9.20% gain on August 11, 2026; no separate August 12 announcement was identified. Broader markets are modestly higher ahead of CPI.