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Ocean Power Technologies, Inc. develops and commercializes renewable energy solutions that harness ocean wave energy. The company’s primary technology, the PowerBuoy, is an autonomous system that converts wave motion into electricity for offshore applications. Ocean Power Technologies serves industries such as defense, oil and gas, and telecommunications by providing sustainable power and data solutions for remote offshore operations. The company also offers complementary services, including deployment, maintenance, and remote monitoring. Ocean Power Technologies, Inc. is headquartered in Monroe Township, New Jersey, and its shares are listed on the NYSE American.
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Ocean Power Technologies Inc
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OPTT
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🇺🇸 United States