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    Glenn MattsonLadenburg Thalmann & Co. Inc.

    Glenn Mattson's questions to Ocean Power Technologies Inc (OPTT) leadership

    Glenn Mattson's questions to Ocean Power Technologies Inc (OPTT) leadership • Q4 2025

    Question

    Glenn Mattson inquired about the composition and maturity of the company's sales pipeline, the expected conversion rate, and the company's operational capacity to meet accelerating demand following significant cost reductions.

    Answer

    President & CEO Philipp Stratmann explained that the pipeline consists of qualified opportunities under active negotiation. He expressed confidence in accelerating conversion rates due to a retooled commercial team and favorable market dynamics. Regarding capacity, Stratmann confirmed that the company's facilities in New Jersey and California have been redesigned for scalability, allowing them to meet increased demand efficiently without over-investing in inventory.

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