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Ocean Power Technologies Appoints Tracy Pagliara as Acting CEO and Jason Weed as COO

PUBLIC · OPTTSep 14, 2026
Internal move“Mr. Pagliara currently serves as the Company's Senior Vice President, General Counsel and Secretary”

Position

Chief Operating Officer

Company

Ocean Power Technologies

Jason Weed
Monroe TownshipTransportationRenewable Energy

Description

Ocean Power Technologies, Inc. has appointed Tracy Pagliara as Acting Chief Executive Officer and Jason Weed as Chief Operating Officer, effective September 14, 2026. The changes aim to enhance operational accountability and drive backlog conversion.

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Company Information

Company

Ocean Power Technologies

Location

Monroe Township, New Jersey, United States

About

OPT, a leader in innovative and cost-effective, low carbon marine data, power, and consulting services, provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASV) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics and strategic consulting services including simulation engineering, software engineering, concept design and motion analysis through our wholly owned subsidiary 3Dent. We are headquartered in Monroe Township, New Jersey, and have offices in Houston, Texas, and Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.

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