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Ocean Power

0.5045

+0.00150.30%

Post-market: 0.51970.0152+3.01%19:58 EDT

Volume:3.16M

Turnover:1.64M

Market Cap:85.76M

PE:-1.80

High:0.5290

Open:0.5100

Low:0.5045

Close:0.5030

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Overview Company News Filings

Company Profile

Company Name:

Ocean Power

Exchange:

AMEX

Establishment Date:

1984

Employees:

- -

Office Location:

28 Engelhard Drive,Suite B,Monroe Township,New Jersey,United States

Website:

http://www.oceanpowertechnologies.com

Zip Code:

08831

Phone:

Fax:

- -

Introduction:

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Directors

Name

Position

Philipp Stratmann

President, Chief Executive Officer and Director

Terence J. Cryan

Chairman of the Board and Independent Director

Clyde W. Hewlett

Independent Director

Diana G. Purcel

Independent Director

Natalie Lorenz Anderson

Independent Director

Peter E. Slaiby

Independent Director

Shareholders

Name

Position

Philipp Stratmann

President, Chief Executive Officer and Director

Robert Powers

Senior Vice President & Chief Financial Officer

Matthew Burdyny

Chief Commercial Officer

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