Federal Awards · OCEAN POWER TECHNOLOGIES, INC. · Award

LEASE OF COMMERCIAL SERVICE CONTRACT FOR LEASING A CURRENT OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INC…

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Department of Defense · OCEAN POWER TECHNOLOGIES, INC.

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Award details are derived from public USAspending.gov records. Not a bid recommendation.

Award details

Award ID
N0024425PS135
Contractor
OCEAN POWER TECHNOLOGIES, INC.
Awarding agency
Department of Defense
Sub-agency / office
Department of the Navy
Award amount
$149,816
Period of performance
Sep 4, 2025 – Sep 3, 2026
NAICS
532411 — Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
PSC
PSC 2050
Place of performance
MONROE TOWNSHIP, NJ, 088313720, USA
Competition
NOT COMPETED · Set-aside: NO SET ASIDE USED. · 1 offers
Pricing
FIRM FIXED PRICE
Financial breakdown
Current value $149,816 · Obligated $149,816 · Potential value $149,816 · Latest action obligation $0

Public award description

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

Most recent · Modification P00001 · Sep 18, 2025 · $0 action obligation · LEASE OF A COMMERCIAL SERVICE CONTRACT FOR AN OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK. IF NPS REQUIRES AN UPGRADE TO THE SENSORS, OPT WILL SUPPORT THE UPGRADE ON MUTUALLY AGREED UPON TERMS. · N0024425PS135

Modification 0 · Sep 2, 2025 · $149,816 action obligation · 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 · N0024425PS135

Source: USAspending.gov

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