Ocean Power Technologies Company Description
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia.
Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS).
The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets.
It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements.
The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
| Country | United States |
| Founded | 1984 |
| Industry | Power, Distribution, and Specialty Transformers |
| Employees | 53 |
| CEO | Philipp Stratmann |
Contact Details
Address: 28 Engelhard Drive Monroe Township, Delaware 08831 United States | |
| Phone | 609 730 0400 |
| Website | oceanpowertechnologies.com |
Stock Details
| Ticker Symbol | RUOC |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | May - April |
| Reporting Currency | USD |
| SIC Code | 3612 |
Key Executives
| Name | Position |
|---|---|
| Philipp Stratmann | Chief Executive Officer |
| Robert Powers | Chief Financial Officer |