0.57
+0.002(+0.35%)
Currency In USD
Address
28 Engelhard Drive
Monroe Township, NJ 08831
United States of America
Phone
609 730 0400
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
43
First IPO Date
April 25, 2007
| Name | Title | Pay | Year Born |
| Dr. Philipp Stratmann | Chief Executive Officer, President & Director | 569,847 | 1980 |
| Mr. Matthew Burdyny | Chief Commercial Officer | 337,998 | 1984 |
| Mr. Robert Patrick Powers | Senior Vice President, Chief Financial Officer & Principal Accounting Officer | 416,140 | 1971 |
| Mr. Tracy D. Pagliara CPA, J.D. | General Counsel & Secretary | 0 | 1963 |
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
