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Ocean Power Technologies, Inc.

OPTTEnergyMonroe Township, United States

Ocean Power Technologies, Inc. (OPTT) is a company dedicated to creating and deploying exclusive technologies that convert the sustainable power of ocean waves into electricity. The firm operates globally, with a presence in North America, South America, Europe, and Asia. A primary offering is their PB3 PowerBuoy system, engineered to provide autonomous power generation for remote offshore locations, independent of traditional electrical grids. Beyond this, OPTT's product line includes hybrid PowerBuoy solutions and subsea battery systems. They also furnish essential supporting services such as software development, control systems, sensor integration, and expert marine installation. The company extends its capabilities to deliver distributed offshore power and critical communication infrastructure for diverse remote surface and subsea applications. These solutions cater to key sectors including defense and security, the offshore oil and gas industry, scientific research, and offshore wind energy. Furthermore, OPTT offers its Wave Adaptive Modular Vessel (WAM-V) technology, which significantly enhances the mobility and operational range of uncrewed maritime systems. This includes leasing WAM-V robotics and providing access to associated information. Their expertise also covers maritime domain awareness solutions and strategic consulting. Finally, the company provides a comprehensive suite of offshore data services, encompassing collection, integration, analysis, and real-time communication for various purposes. OPTT primarily serves a diverse client base of both governmental agencies and private organizations that require dependable power solutions in distant marine environments. Established in 1984, Ocean Power Technologies, Inc. is headquartered in Monroe Township, New Jersey.

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Ocean Power Technologies, Inc. at a glance

Ocean Power Technologies, Inc. is an energy company headquartered in Monroe Township, United States. It is publicly listed (OPTT) with a market capitalisation of $4.9M. Xcout tracks 15 named people at Ocean Power Technologies, Inc., including Philipp Stratmann (Chief Executive Officer, President & Director).

Industry
Energy
Headquarters
Monroe Township, United States
Market cap
$4.9M
Employees
43
Ticker
OPTT

Ocean Power Technologies, Inc. leadership

  • Philipp StratmannChief Executive Officer, President & Director
  • Tracy D. PagliaraActing CEO, President & Director
  • Jason WeedChief Operating Officer
  • Robert Patrick PowersSenior VP, CFO & Treasurer
  • Robert P. PowersSVP, Chief Financial Officer
  • Anderson Natalie M. LorenzDirector

9 more named people on record for Ocean Power Technologies, Inc., with roles, board committees and tenure — see the full roster →

Ocean Power Technologies, Inc. competitors

A few of Ocean Power Technologies, Inc.'s closest competitors — see the full list of competitors and alternatives →

Ormat TechnologiesORA · Renewable UtilitiesReno, United States
68% matchPublic

Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and various other international locations. The company's operations are divided into three distinct business units: Electricity Generation, Product Manufacturing, and Energy Storage Solutions. The Electricity Generation division handles the full spectrum of power plant development, from designing and constructing to owning and operating facilities that harness geothermal, solar photovoltaic, and recovered energy, subsequently selling the generated power. Through its Product Manufacturing segment, Ormat designs, produces, and distributes specialized equipment for geothermal and recovered energy electricity generation, including remote power units like fossil fuel-powered turbo-generators and heavy-duty direct-current generators. This segment also provides complete engineering, procurement, construction (EPC), and ongoing operation and maintenance (O&M) services for geothermal and recovered energy power plants. Its diverse clientele includes contractors, developers, owners, and operators of geothermal power facilities, as well as industrial entities such as operators of interstate natural gas pipelines, gas processing plants, cement factories, and other energy-intensive industrial processes. The Energy Storage Solutions segment delivers a wide array of services related to energy storage, encompassing the engineering, procurement, construction (EPC), and operational maintenance (O&M) of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

Market cap$5.4B
Employees1,648
Ormat Technologies competitors & alternatives →

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More on Ocean Power Technologies, Inc. in Xcout Intel

  • 15 named people with titles, LinkedIn and board committees
  • 3 corporate events with sources — deals, leadership changes, layoffs
  • The full competitor set, tracking, exports and API access
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