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AwardTape · Defense awards · Ships and marine · Ship and marine equipment · N0024425PS135

N0024425PS135: $150K purchase order to Ocean Power Technologies, Inc

Ocean Power Technologies, Inc holds a purchase order from Department of the Navy with $150K obligated since Oct 2023, against a ceiling of $150K. Latest action Nov 20, 2025.

Lease of commercial service contract for leasing a current opt next gen power buoy that was modified to include 5g and starlink along nps requires an upgrade to the sensors on this buoy owned by opt. 12-months period of performance

PIIDN0024425PS135
Typepurchase order
CompanyOcean Power Technologies, Inc
AgencyDepartment of the Navy
Contracting officeNAVSUP FLT LOG CTR SAN DIEGO
CategoryShips and marine · Ship and marine equipment
PSC2050 BUOYS
NAICS532411 COMMERCIAL AIR, RAIL, AND WATER TRANSPORTATION EQUIPMENT RENTAL AND LEASING
Obligated since Oct 2023$150K
Total obligated (lifetime)$150K
Ceiling (base and all options)$150K
Base dateSep 2, 2025
Latest actionNov 20, 2025
End dateSep 3, 2026
Actions since Oct 20233
PricingFirm fixed price
CompetitionNot competed
Place of performanceNJ
SourceUSAspending.gov record
Reporting lagDoD 90 days
About this record

Source: USAspending.gov prime award data (FPDS), DoD and DHS contracts, orders and IDVs with any action since Oct 1, 2023. Obligated FY2024+ sums the obligations on those actions; total obligated is the award's lifetime figure. DoD contract actions publish on USAspending about 90 days after signing (DFARS PGI 204.6), so the latest DoD actions here trail the calendar by about 3 months. Place of performance shows the state only.

Terminal: alerts on new orders and modifications to this contract, and CSV export.

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