Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful deployment of the first PowerBuoy® system under its previously announced contract with the U.S. Department of Homeland Security (DHS). The system has been deployed off the coast of California to support maritime domain awareness operations for the U.S. Coast Guard.

The deployment marks a key operational milestone in the program and represents the transition of OPT's autonomous offshore monitoring infrastructure into active mission support. The PowerBuoy® system is designed to provide persistent offshore power, communications, and sensor integration to support long-endurance maritime surveillance and security operations.

OPT's PowerBuoy platform enables continuous monitoring of maritime environments while operating autonomously for extended durations. By providing persistent offshore power and communications capabilities, the system supports advanced sensors and data collection technologies that enhance situational awareness for government and defense customers.