Slide 1: Energizing Ocean Intelligence
JANUARY 31, 2026 Energizing Ocean Intelligence
Slide 2: OPT Quick Facts
OPT QUICK FACTS OPT is OCEAN INTELLIGENCE and TECHNOLOGY: • Forefront of Maritime Intelligence and Autonomy • Solutions cover multiple platforms into a powerful integrated network • Transitioned from an R&D pioneer into a scalable commercial enterprise creating recurring revenue streams • Multi-sens
Slide 3: OPT Leadership Team
Unlocking the Power of the Ocean OPT Leadership Team Dr. Philipp Stratmann, EngD Jason Weed Robert Powers, CPA, MBA President, Chief Executive Officer SVP – Commercial Sales Chief Financial Officer December 2019 June 2025 December 2021 CEO since June 2021 Linkedin - Free social Linkedin - Free socia
Slide 4: Strategy and Platform Stack
Strategy and Platform Stack Integrated Autonomous Ocean Infrastructure – Strategic Platform Stack Ocean Power Technologies is a technology company at its core — delivering autonomous platforms that fuse renewable power, AI-driven ocean intelligence, and edge data solutions. Strategic Pillars: • Powe
Slide 5: OPT Products & Services
OPT PRODUCTS & SERVICES PowerBuoy® Merrows and Ocean Intelligence WAM-V® ASVs • Capture energy generated by waves • High-definition Radar • Wave Adaptive Modular Vehicle • Store that energy in batteries • Hi Def Optical and Thermal Cameras • Unmanned Surface Vehicle • Use that energy to power payloa
Slide 6: PowerBuoy in Action: NPS
POWERBUOY® in ACTION: NPS OPT is collaborating with the U.S. Naval Postgraduate School (NPS) to deploy a self-powered PowerBuoy® system in Monterey Bay. The buoy serves as a persistent sensor and communications node to support maritime domain awareness (MDA) and autonomous systems research. Sensor S
Slide 7: WAM-V ASVs
WAM-V® ASVs PLATFORM • The WAM-V (Wave Adaptive Modular Vessel) is an ASV (Autonomous Surface Vehicle) as a stand-alone or force multiplier (swarm) • The unique suspension technology improves seagoing capabilities resulting in increased quality of data acquisition of multiple sensors. • Presents a s
Slide 8: Merrows
Merrows • Multi-Domain Integration: Designed to unify subsea, surface, and aerial sensors into one command-and-control framework, turning standalone assets into a networked ocean grid. • Recurring Revenue Potential Delivered as software + services, creating high-margin recurring revenues beyond hard
Slide 9: Additional Differentiated Capabilities & Value
ADDITIONAL DIFFERENTIATED CAPABILITIES & VALUE Mission-Critical Infrastructure at Scale We deliver integrated, renewable, and modular maritime systems that position it as a trusted partner to defense and commercial leaders. Our platforms address persistent autonomy, ISR, and lifecycle efficiency. Co
Slide 10: Solution Affordability
SOLUTION AFFORDABILITY 14.3X 27.1X 32.1X 53.6X 10
Slide 11: Docking and Charging
Docking and Charging Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging This patent is more than legal protection, it’s a commercial enabler. It allows OPT to scale from selling platforms to owning the ecosystem for powering and sustaining autonomous operations at sea
Slide 12: Partnerships
Partnerships Ocean Power Technologies Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions • Red Cat brings established expertise in military-grade drone systems with proven U.S. DoD traction. Partnering with them embeds OPT more deeply in defense procurement channels, acceleratin
Slide 13: Trailing Twelve-Month Revenue
TRAILING TWELVE-MONTH REVENUE Revenue Growth Delivered By New Management Team $7,000.0 The TTM Jan-26 revenue decline reflects the timing of contract milestone deliveries. OPT $6,000.0 CAGR, ~21% maintains approximately $19.9M in contracted backlog, expected to support revenue in upcoming $5,000.0 q
Slide 14: Global Network of Trusted Resellers
GLOBAL NETWORK OF TRUSTED RESELLERS United Kingdom Canada Germany France Kuwait South Korea Israel UAE Mexico Vietnam Philippines Costa Rica Brazil Peru Australia Chile New Zealand 14
Slide 15: Strategy Is Working!
STRATEGY IS WORKING! • Backlog at January 31, 2026, was approximately $19.9 million, an increase of $12.4 million and 165% over the prior year period. • Pipeline as of January 31, 2026, Defense & $163.9 million, an increase of $74.7Science Offshore million and & 84% increase over the $89.2 millionOf
Slide 16: Strategy Is Working! Cont'd
STRATEGY IS WORKING! CONT’D Defense & Offshore Science & Offshore Security Oil & Gas Research Wind • The real value here isn’t four buoys. It’s that this architecture is designed to repeat, scale, and compound. From single mission to national maritime infrastructure • Each deployment expands to doze
Slide 17: Opportunity: Strait of Hormuz
Opportunity: Strait of Hormuz The Problem Defense & Science & OPT Solution Security Off Research •High-risk maritime sho • Autonomous surface chokepoint re vehicles for patrol Oil •Critical global oil transit • Wave-powered platforms & route Gas for persistent infrastructure •Limited persistent • Co
Slide 18: Seasoned Management Team
• Seasoned Management Team • Expanded Business Model and Strategy • Multi-solution Platform Company • Repeatable, Scalable Services • Financial Discipline Defense & Security Offshore Oil & Gas Science & Research Communications Offshore Wind 18 18
Slide 19: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Some of what I’ve spoken about today includes forward-looking statements. Actual results may differ, and you can find a full discussion of risks in our SEC filings. We don’t undertake to update these statements after today’s discussion. In addition to historical informatio
Slide 20: Non-GAAP Measures
Non-GAAP Measures Pipeline Pipeline is not a term recognized under United States generally accepted accounting principles; however, it is a common measurement used in our industry. Our methodology for determining pipeline may not be comparable to the methodologies used by other companies. Pipeline i
Slide 21: Thank You
Thank You Investor Contact Bob Powers, SVP and CFO +1 609 730 0400 x239 RPowers@oceanpowertech.com