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Corporate Profile

Ocean Power Technologies (Nasdaq:OPTT) is a pioneer in renewable wave-energy technology that converts ocean wave energy into electricity. OPT's proprietary PowerBuoy® technology is based on a modular design and has undergone periodic ocean testing since 1997. OPT specializes in advanced autonomous (not grid connected), cost-effective, and environmentally sound ocean wave based power generation and management technology.

The PowerBuoy system integrates patented technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. The result is a leading edge, ocean-tested, proprietary autonomous system that turns wave power into reliable, clean, and environmentally beneficial electricity for offshore applications.

Stock Quote

OPTT (Common Stock)
ExchangeNASDAQ (US Dollar)
Change (%)-0.00 (1.82%)
Data as of 03/04/15 4:00 p.m. ET
Data Provided by Thomson Reuters

Recent News

Ocean Power Technologies, Inc. Appoints George H. Kirby as President and CEO
Ocean Power Technologies Receives $1.1 Million Through New Jersey's Technology Business Tax Certificate Transfer Program
Ocean Power Technologies Announces Results for the Fiscal Second Quarter Ended October 31, 2014
Ocean Power Technologies to Deploy PB40 PowerBuoy Off New Jersey
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