Ocean Power Technologies (OPTT) Q4 FY26 earnings call

Ocean Power Technologies concluded FY26 with record backlog and strategic advancements, including a significant Coast Guard contract and a subsea technology acquisition. The company is transitioning from individual products to integrated operational infrastructure, focusing on execution and recurring revenue in FY27. Despite increased losses and operating expenses due to strategic investments and project timing, management expressed confidence in its strengthened market position and long-term growth opportunities.