Who are Ocean Power Technologies, Inc.'s main suppliers?

Ocean Power Technologies, Inc. (OPTT) key suppliers include: Red Cat Holdings, Inc., Red Cat Holdings, Inc.. View the full supplier network at chainsifter.com/chain/OPTT.

Who are Ocean Power Technologies, Inc.'s major customers?

Ocean Power Technologies, Inc. (OPTT) key customers include: USGOV-DEPARTMENT-OF-DEFENSE, TWO-CUSTOMERS, U-S-DEPARTMENT-OF-HOMELAND-SECURITY, COMMERCIAL-CUSTOMER, Red Cat Holdings, Inc. and 3 more. View the full customer network at chainsifter.com/chain/OPTT.

What sector is Ocean Power Technologies, Inc. in?

Ocean Power Technologies, Inc. (OPTT) operates in the general sector. ChainSifter tracks its verified supply chain relationships including suppliers, customers, and strategic partners.

OPTT Supply Chain: Ocean Power Technologies, Inc. Suppliers & Customers

2Suppliers

8Customers

3Debt Items

5Related Chains

Ocean Power Technologies, Inc. Suppliers

Ticker	Name	Confidence	Evidence
RCAT	Red Cat Holdings, Inc.	72%	○ Red Cat Holdings : In April 2024, OPT entered a strategic alliance with Red Cat Holdings, Inc. (“Red Cat”), a U.S.-based provider of drone technologies for defense and commercial applications. The …
RCAT	Red Cat Holdings, Inc.	72%	Reciprocal relationship from RCAT graph: Reciprocal relationship from OPTT graph: ○ Red Cat Holdings : In April 2024, OPT entered a strategic alliance with Red Cat Holdings, Inc. (“Red Cat”), a U.S.-…

Ocean Power Technologies, Inc. Customers

Ticker	Name	Confidence	Evidence
USGOV-DEPARTMENT-OF-DEFENSE	USGOV-DEPARTMENT-OF-DEFENSE	95%	USAspending awards from Department of Defense: $149,816 across 1 awards. N0024425PS135 LEASE OF COMMERCIAL SERVICE CONTRACT FOR LEASING A CURRENT OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE …
TWO-CUSTOMERS	TWO-CUSTOMERS	92%	As of the years ended April 30, 2024 and 2023, the Company had four and two customers, respectively, whose revenue accounted for at least 10% of the Company's consolidated revenue.
U-S-DEPARTMENT-OF-HOMELAND-SECURITY	U-S-DEPARTMENT-OF-HOMELAND-SECURITY	92%	On March 24, 2026, Ocean Power Technologies, Inc. (the “Company”) issued a press release announcing the shipment of the first PowerBuoy® system under its previously announced contract with the U.S. D…
COMMERCIAL-CUSTOMER	COMMERCIAL-CUSTOMER	90%	As of January 31, 2026, one commercial customer represented about 5 % of our accounts receivable balance.
RCAT	Red Cat Holdings, Inc.	72%	Reciprocal relationship from RCAT graph: Reciprocal relationship from OPTT graph: Reciprocal relationship from RCAT graph: Reciprocal relationship from OPTT graph: Reciprocal relationship from RCAT g…
RCAT	Red Cat Holdings, Inc.	72%	○ Red Cat Holdings : In April 2024, OPT entered a strategic alliance with Red Cat Holdings, Inc. (“Red Cat”), a U.S.-based provider of drone technologies for defense and commercial applications. The …
BACKGROUND-OCEAN-POWER-TECHNOLOGIES-INC	BACKGROUND-OCEAN-POWER-TECHNOLOGIES-INC	62%	ned in exchange for operating lease liability $ 1,247 $ 1,296 See accompanying notes to the consolidated financial statements F- 8 OCEAN POWER TECHNOLOGIES, INC. AND SUBSIDIARIES Notes to Consolidate…
PARAGON-TECHNOLOGIES-INC	PARAGON-TECHNOLOGIES-INC	62%	ower as a Service (“PaaS”), which includes PowerBuoy® products. The Company offers products and services to a wide-range of customers, including those in government and offshore energy, oil and gas, …

Ocean Power Technologies, Inc. Debt Obligations

Instrument	Description	Confidence	Evidence
OPTT-DEBT	Debt stack $8.6M	90%	Market cache reports total debt of $8.6M.
OPTT-DEBT-7156	Xbrl Convertible	90%	xbrl convertible detail from xbrl 2026-01-31.
OPTT-DEBT-7155	Warrants outstanding: 4927680	90%	xbrl warrant detail from xbrl 2021-04-30.

Ocean Power Technologies, Inc. Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for Ocean Power Technologies, Inc..

Ocean Power Technologies, Inc. Ownership

Holder	Name	Confidence	Evidence
OPTT-OWNER-VANGUARD-CAPITAL-MANAGEMENT-LLC	VANGUARD CAPITAL MANAGEMENT LLC	90%	13F overlay lists VANGUARD CAPITAL MANAGEMENT LLC as top holder; 71 tracked holders.

Ocean Power Technologies, Inc. Extended Supply Chain Network

Ticker	Name	Chain Index	Hops	Relationship Types
RCAT	Red Cat Holdings, Inc.	100.00	1	['customer', 'supplier']
UMAC	Unusual Machines, Inc.	50.00	2
LMT	Lockheed Martin Corporation	50.00	2
NOC	Northrop Grumman Corporation	50.00	2
PLTR	Palantir Technologies Inc.	50.00	2

Ocean Power Technologies, Inc. Supply Chain