Ocean Power Technologies to Participate in the LD Micro Main Event XV Conference

Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Philipp Stratmann, Chief Executive Officer, will participate in the LD Micro Main Event XV Conference.

The conference will take place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles, CA, and feature over 200 notable microcap companies in a variety of industries.

• OPT will present on Tuesday, October 25, 2022, at 5:00 p.m. PT
• Link to OPT Presentation Webcast
• OPT management will also be available for one-on-one meetings on October 25. For more information about the conference or to schedule a one-on-one meeting with management, please contact your LD Micro representative or OPT IR at [e-mail] or 609-730-0400 x401.

The replay of the presentation will be available under "Events and Presentations" in the Investors section of the OPT website at investors.oceanpowertechnologies.com.

ABOUT OCEAN POWER TECHNOLOGIES

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics. We are headquartered in Monroe Township, New Jersey, and have offices in Houston, Texas, and Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.

CONTACT INFORMATIONInvestors: 609-730-0400 x401 or [e-mail]: 609-730-0400 x402 or [e-mail]

Source: Ocean Power Technologies, Inc.