Ocean Power Technologies

Ocean Power TechnologiesOcean Power Technologies
Ocean Power Technologies

Ocean Power Technologies

Ocean Power Technologies is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remo

DR 521984Active90Monroe Township, United States
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About

Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company that provides electric power and communications solutions for remote offshore applications. They offer PowerBuoy® wave energy converters and WAM-V® autonomous surface vessels, focusing on defense, security, oil and gas, science, and offshore wind markets. OPT has pivoted to an 'as-a-Service' model, emphasizing persistent offshore power and data communications.
Frequently asked

What does Ocean Power Technologies do?

Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company that provides electric power and communications solutions for remote offshore applications. They offer PowerBuoy® wave energy converters and WAM-V® autonomous surface vessels, focusing on defense, security, oil and gas, science, and offshore wind markets. OPT has pivoted to an 'as-a-Service' model, emphasizing persistent offshore power and data communications.

What is Ocean Power Technologies's revenue?

StartupHub estimates Ocean Power Technologies's annual revenue at $38.6M (range $21.3M to $99.7M, 65% confidence), based on comparable companies in the sector.

What is Ocean Power Technologies's valuation?

StartupHub estimates Ocean Power Technologies's effective valuation at $17.6M (range $7.4M to $32.8M, 56% confidence), based on comparable companies in the sector.

How much funding has Ocean Power Technologies raised?

Ocean Power Technologies has raised a total of $2M in funding.

Where is Ocean Power Technologies headquartered?

Ocean Power Technologies is headquartered in Monroe Township, United States.

When was Ocean Power Technologies founded?

Ocean Power Technologies was founded in 1984.

What industry does Ocean Power Technologies operate in?

Ocean Power Technologies operates in Renewable Energy, Wave Power, Sustainable Energy, Maritime Technology, Autonomous Systems, Defense Technology.

How many employees does Ocean Power Technologies have?

Ocean Power Technologies has approximately 90 people on record.

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90
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52
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