Ocean Power Technologies

Ocean Power Technologies is a company based in Monroe Township, New Jersey, specializing in intelligent maritime solutions and services. They employ 72 people and generated $0.632 million in revenue. OPT offers PowerBuoy® platforms, which deliver clean and reliable electric power and real-time data communication for remote maritime and subsea applications. Their services cater to the defense and security, oil and gas, science and research, and offshore wind markets. Additionally, they provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. What sets OPT apart is their commitment to safer, cleaner, and more productive ocean operations. Their innovative PowerBuoy® platforms and WAM-V® ASVs address the growing need for reliable power and data transmission in remote ocean environments. For more information about Ocean Power Technologies and their solutions, visit their website at www.OceanPowerTechnologies.com.

Ocean Power Technologies (OPT) provides intelligent maritime solutions and services. Founded in 1984, the company focuses on renewable energy and data solutions. OPT offers PowerBuoys, WAM-V unmanned surface vehicles, and Merrows™ for maritime domain awareness. The company is headquartered in Monroe Township, NJ, with an additional office in Richmond, CA. OPT operates in several markets, including defense, security, oil and gas, science and research, and offshore wind markets. The company's PowerBuoys utilize non-toxic, non-rare-earth battery materials. OPT also offers a carbon savings database and is committed to renewable power solutions. OPT's target industries include Government & Defense, Offshore Energy, Science and Research, Environmental Monitoring & Conservation, Aquaculture, and Water Resources Management. The company holds 60+ patents and has several patents pending. OPT's competitive advantages include 24/7 support and being ISO 45001 Certified for Occupational Health and Safety. The company is committed to environmental sustainability and safety. OPT's values include innovation, sustainability, a client-first approach, environmental responsibility, and the safety and health of its employees.