financetom
Business
financetom
/
Business
/
Ocean Power Ships Multiple Unmanned Surface Vehicles to US Government -- Shares Rise Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ocean Power Ships Multiple Unmanned Surface Vehicles to US Government -- Shares Rise Pre-Bell
Sep 27, 2024 8:00 AM

08:51 AM EDT, 09/27/2024 (MT Newswires) -- Ocean Power Technologies ( OPTT ) said Friday that it has shipped multiple unmanned surface vehicles, or WAM-Vs, to an unidentified US Government department under a previously signed contract.

Financial and other terms of the deal were not disclosed "due to the sensitive nature of this relationship," the company said.

Shares of Ocean Power Technologies ( OPTT ) were up more than 5% in recent premarket activity.

Price: 0.1710, Change: +0.01, Percent Change: +5.10

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Factbox-Largest tech deals of the last decade
Factbox-Largest tech deals of the last decade
Mar 18, 2025
(Reuters) - Alphabet said on Tuesday it would buy Wiz for $32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft ( MSFT ). Below is a list of the largest U.S. technology deals in the last decade: ...
Elbit Systems Q4 Earnings: Sales And EPS Beat, Dividend Boost, Solid Order Backlog And More
Elbit Systems Q4 Earnings: Sales And EPS Beat, Dividend Boost, Solid Order Backlog And More
Mar 18, 2025
Elbit Systems Ltd ( ESLT ). shares are trading higher in the premarket on Tuesday after the company reported better-than-expected fourth-quarter 2024 results and raised the quarterly dividend to $0.60/share. The revenue for the quarter grew 18.7% year-over-year to $1.93 billion, beating the consensus of $1.78 billion. Adjusted EPS rose to $2.66 from $1.56 a year ago, beating the consensus...
Sector Update: Consumer Stocks Mixed Premarket Tuesday
Sector Update: Consumer Stocks Mixed Premarket Tuesday
Mar 18, 2025
09:08 AM EDT, 03/18/2025 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2%, while the Consumer Discretionary Select Sector SPDR Fund ( XLY ) gained 0.3%. Camping World Holdings ( CWH ) shares rose 0.8% after the company said it had completed the purchase of five locations...
Jeffs' Brands Unit Acquires Pure NJ Logistics
Jeffs' Brands Unit Acquires Pure NJ Logistics
Mar 18, 2025
09:09 AM EDT, 03/18/2025 (MT Newswires) -- Jeffs' Brands ( JFBR ) said Tuesday that its Smart Repair Pro unit acquired Pure NJ Logistics for a base payment of $2.1 million and a deferred payment of $500,000. The base payment was delivered in cash, while the deferred payment will be delivered through promissory notes with a 9% annual interest rate...
Copyright 2023-2026 - www.financetom.com All Rights Reserved