Ocean Power Technologies Inc

NYSE American:OPTTUnited States

Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.

Contact Information

Headquarters

28 Engelhard Drive, Suite BMONROE TOWNSHIP, NJ, United States 08831

Phone

609-730-0400

Fax

302-655-5049

Executives

Independent Chairman of the Board

Terence Cryan

President, Chief Executive Officer, Director

Philipp Stratmann

Chief Financial Officer, Senior Vice President, Principal Accounting Officer

Robert Powers

Chief Commercial Officer

Matthew Burdyny

Independent Director

Clyde Hewlett