Ocean Power Technologies Inc (NASDAQ:OPTT)

2.72
Data as of Apr 17
 -0.01 / -0.37%
Today’s Change
1.47
Today|||52-Week Range
7.01
+41.67%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Electrical Products
MARKET CAP
$50.9M

Company Description

Ocean Power Technologies, Inc. is a wave-energy technology company, which engages in developing and commercializing proprietary systems that generate electricity by harnessing the renewable energy of ocean waves. It offers two PowerBuoy products, which consist of Utility PowerBuoy system and Autonomous PowerBuoy system. The Utility PowerBuoy system is designed to supply electricity to a local and regional power grid, utilities and other electrical power producers. The Autonomous PowerBuoy system is designed to generate power for use independent of the power grid in remote locations. The company was founded by George W. Taylor and Joseph R. Burns on April 19, 1984 and is headquartered in Pennington, NJ.

Contact Information

Ocean Power Technologies, Inc.
1590 Reed Road
Pennington New Jersey 08534
P:(609) 730-0400
Investor Relations:

Employees

Shareholders

Mutual fund holders8.71%
Individual stakeholders5.49%
Other institutional2.44%

Top Executives

Charles Frederick DunleavyChairman & Chief Executive Officer
Mark A. FeatherstoneChief Financial Officer
Mike M. MekhicheVice President-Engineering
David R. HeinzVice President-Autonomous Power
Deborah A. MontagnaVice President-Business & Product Development

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