Our past NLT picks: Where are they now?

Looking back at Moller International, Organic Bouquet, and Xethanol. Plus: 15 other companies we've previously profiled as the Next Little Thing.

Ocean Power Technologies
Ocean Power Technologies
Ocean Power Technologies was having trouble attracting U.S. financing for its wave-powered energy generators. That changed in April, when Banc of America Securities, Bear, Stearns & Co., and UBS Investment Bank raised $100 million for the Pennington, N.J., company. That month, Ocean Power listed on Nasdaq (ticker: OPTT). Ocean Power has secured enough financing to cover the commercialize its system, which consists of energy-generating buoys located two to three miles offshore that feed low-cost electricity into the grid through an underwater cable.

"I think some sophisticated investors were willing to invest millions because there's a great opportunity for this company," says founder George Taylor. "We seem to finally be at the right place at the right time." The company currently has $9 million worth of orders placed from private companies and government agencies located around the world.

Xethanol

Organic Bouquet

Ocean Power Technologies

On Demand Books

Moller International

Migo Software

HyperActive Technologies

Biophan Technologies

Spine Wave

Freedom-2

Parker Boston Group

AbTech

John Fluevog Shoes

Regeneration Technologies (RTI)

LipoSonix

O'Live Spas

True Jeans

Zaiger Genetics
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.