Jun. 9 at 4:31 PM
$OPTT WTR Insights: Small Cap Showcase with OPT Senior Vice President and CFO Bob Powers
Small audience today but it didn’t stop Powers from dropping absolute bombshells. It’ll take a few days for the market to process the tape, but notice has been served. Here’s what he had to say:
🚀🚀 🚀
* Powers explicitly stated that within the next two to three months, they expect to go live on 3 or 4 major contracts that are equal to or larger than the
$6.5M San Diego DHS milestone
* Upcoming deals are targeting large-scale, multi-unit deployments - specifically moving away from single prototypes and toward fleets of 10 to 20 units
* Global maritime insurance conglomerates are making calls to OPT for drone/buoy damage assessments in high-conflict shipping lanes. Powers confirmed "I've got multiple assets in the Middle East right now”
* Sales pipeline has grown to
$160 million, driven by a strategic shift away from unpredictable government grants and towards direct commercial defense procurement