OCEAN POWER TECHNOLOGIES (OPT)

ocean-power-technologies-opt-logo

Ocean Power Technologies, Inc. develops and is commercializing systems that generate electricity by harnessing the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies to convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company offers two PowerBuoy products, which consist of its utility PowerBuoy system and its autonomous PowerBuoy system. The Company’s utility PowerBuoy system, which is designed to supply electricity to a local or regional electric power grid, and the Company’s autonomous PowerBuoy system, which is designed to generate power for use independent of the power grid in remote locations.

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OCEAN POWER TECHNOLOGIES (OPT)

Social Links:

Industry:
Energy Energy Storage Renewable Energy

Founded:
1994-01-01

Address:
Pennington, New Jersey, United States

Country:
United States

Website Url:
http://www.oceanpowertechnologies.com

Total Employee:
51+

Status:
Active

Contact:
6097300404

Email Addresses:
[email protected]

Total Funding:
66.75 M USD

Technology used in webpage:
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Current Advisors List

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Seymour S. Preston, III Vice Chairman @ Ocean Power Technologies (OPT)
Board_member

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Terence J. Cryan Chairman of the Board @ Ocean Power Technologies (OPT)
Board_member
2014-06-01

Current Employees Featured

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George H. Kirby
George H. Kirby President & CEO @ Ocean Power Technologies (OPT)
President & CEO

not_available_image

Mike M. Mekhiche
Mike M. Mekhiche Vice President, Engineering @ Ocean Power Technologies (OPT)
Vice President, Engineering
2012-01-01

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Joseph R. Burns
Joseph R. Burns Founder @ Ocean Power Technologies (OPT)
Founder

not_available_image

Mark A. Featherstone
Mark A. Featherstone Chief Financial Officer, Secretary and Treasurer @ Ocean Power Technologies (OPT)
Chief Financial Officer, Secretary and Treasurer
2013-01-01

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Timothy Stiven
Timothy Stiven Managing Director of UK and European Business @ Ocean Power Technologies (OPT)
Managing Director of UK and European Business

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David L. Keller
David L. Keller Non-Executive Director @ Ocean Power Technologies (OPT)
Non-Executive Director

ethan-butler_image

Ethan Butler
Ethan Butler Vice President of Engineering and Operations @ Ocean Power Technologies (OPT)
Vice President of Engineering and Operations
2022-05-01

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George W. Taylor
George W. Taylor Founder @ Ocean Power Technologies (OPT)
Founder

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Robert P. Powers
Robert P. Powers Senior Vice President, Chief Financial Officer @ Ocean Power Technologies (OPT)
Senior Vice President, Chief Financial Officer
2021-12-01

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George W. Taylor
George W. Taylor Executive Vice Chairman & Board of Directors @ Ocean Power Technologies (OPT)
Executive Vice Chairman & Board of Directors
2011-01-01

Founder


not_available_image

George W. Taylor

not_available_image

Joseph R. Burns

Stock Details


Company's stock symbol is NASDAQ:OPTT

Acquisitions List

Date Company Article Price
2021-02-02 3Dent Technology 3Dent Technology acquired by Ocean Power Technologies (OPT) N/A

Investors List

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US Department of Energy

US Department of Energy investment in Grant - Ocean Power Technologies (OPT)

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Australian Renewable Energy Agency

Australian Renewable Energy Agency investment in Grant - Ocean Power Technologies (OPT)

Key Employee Changes

Date New article
2021-12-13 Ocean Power Technologies Appoints Robert Powers as New CFO

Official Site Inspections

http://www.oceanpowertechnologies.com Semrush global rank: 4.15 M Semrush visits lastest month: 2.87 K

  • Host name: boundaryserver.com
  • IP address: 64.207.185.41
  • Location: Culver City United States
  • Latitude: 34.0141
  • Longitude: -118.3983
  • Metro Code: 803
  • Timezone: America/Los_Angeles
  • Postal: 90232

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Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the econ…See details»

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Ocean Power Technologies Announces Renewable Energy …

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Ocean Power Technologies Announces Renewable Energy …

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Ocean Power Technologies Announces Financial Results for …

3 days ago Revenue: $2.4 million, compared to $0.9 million for the same period last year, representing a 2.7x increase. Net Loss: $3.9 million, compared to $7.2 million in the prior year …See details»

Q2 2025 Ocean Power Technologies Inc Earnings Call - Yahoo …

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