Ocean Power Technologies Announces $1.1 Million Preliminary Award from the New Jersey Economic Development Authority (NJEDA) Technology Business Tax Certificate Transfer Program [Yahoo! Fi...
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
MONROE TOWNSHIP, N.J., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has been notified of a $1.1 million preliminary award under the New Jersey Economic Development Authority (NJEDA) 2024 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) Program. This program enables technology and life sciences businesses in New Jersey to sell a percentage of their New Jersey net operating losses and unused research and development (R&D) tax credits to unrelated profitable corporations for cash. OPT takes part in the NJEDA NOL program annually and received a $1.2 million award for the 2023 NOL program. This funding represents a significant resource as the Company continues to make progress on its previously announced path to profitability. In addition, the receipt of t
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News
- Ocean Power Technologies to Participate in a Fireside Chat on Thursday, December 19, 2024GlobeNewswire
- Ocean Power Technologies Inc (OPTT) Q2 2025 Earnings Call Highlights: Record Revenue and ... [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Announces Financial Results for Second Quarter Fiscal 2025GlobeNewswire
- Ocean Power Technologies Secures $3 Million in Purchase Order Commitments for WAM-V USV's in Latin AmericaGlobeNewswire
- Ocean Power Technologies Pre-Releases Preliminary Financial Results for Second Quarter Fiscal 2025GlobeNewswire
OPTT
Sec Filings
- 12/20/24 - Form 305B2
- 12/20/24 - Form 8-K
- 12/20/24 - Form 424B5
- OPTT's page on the SEC website