Ocean Power Technologies, Inc. (OPTT)
NYSEAMERICAN: OPTT · Real-Time Price · USD
0.5685
-0.0042 (-0.73%)
At close: Oct 8, 2025, 4:00 PM EDT
0.5659
-0.0026 (-0.46%)
After-hours: Oct 8, 2025, 8:00 PM EDT

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.

Ocean Power Technologies, Inc.
Ocean Power Technologies logo
CountryUnited States
Founded1984
IPO DateApr 25, 2007
IndustrySpecialty Industrial Machinery
SectorIndustrials
Employees53
CEOPhilipp Stratmann

Contact Details

Address:
28 Engelhard Drive, Suite B
Monroe Township, New Jersey 08831
United States
Phone609 730 0400
Websiteoceanpowertechnologies.com

Stock Details

Ticker SymbolOPTT
ExchangeNYSEAMERICAN
Stock TypeCommon Stock
Fiscal YearMay - April
Reporting CurrencyUSD
CIK Code0001378140
CUSIP Number674870506
ISIN NumberUS6748705067
Employer ID22-2535818
SIC Code4911

Key Executives

NamePosition
Dr. Philipp StratmannChief Executive Officer, President and Director
Robert Patrick Powers CPASenior Vice President, Chief Financial Officer and Principal Accounting Officer
Jason WeedSenior Vice President of Commercial Sales

Latest SEC Filings

DateTypeTitle
Oct 7, 20258-KCurrent Report
Oct 7, 2025424B5Filing
Sep 16, 20258-KCurrent Report
Sep 15, 202510-QQuarterly Report
Sep 3, 20258-KCurrent Report
Aug 27, 20258-KCurrent Report
Aug 19, 20258-KCurrent Report
Aug 8, 20258-KCurrent Report
Aug 8, 2025424B5Filing
Aug 5, 20258-KCurrent Report