Ocean Power Technologies is trading 7.1% higher at $1.12 on October 7, 2026, with no clear catalyst confirmed.

  • On October 6, the company reported a successful proof of concept deploying Greensea IQ’s amphibious Bayonet 150 vehicle from a modified WAM-V 16; reporting did not link the test to the gain.
  • An interim CFO appointment followed Robert Powers’ departure; available reporting does not establish that it drove the rise.
  • Major indexes were lower, so broad-market direction does not explain the advance.