Offshore wave energy converter platforms with utility-scale and maritime surveillance applications.

Ocean Power Technologies
Ocean Power Technologies: A New Jersey-based energy company harnessing ocean waves to generate electricity globally.
- 82
- Public company
- Monroe Township, NJ, USUnited States
Ocean Power Technologies, based in Pennington, New Jersey, focuses on harnessing ocean waves to generate electricity. The company develops innovative wave energy technology, converting ocean wave motion into electrical power. Their market includes global customers seeking sustainable energy solutions.
Ocean Power Technologies has made significant strides in renewable energy, contributing to the global shift towards sustainable power sources. Their technology has been implemented in various projects worldwide, showcasing the potential of wave energy in reducing carbon footprints.
Products & Services
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Quick Facts
Who are Ocean Power Technologies' competitors?
Companies similar to Ocean Power Technologies include CorPower Ocean, Columbia Power Technologies, Verdant Power and Marine Power Systems.
When was Ocean Power Technologies founded?
Ocean Power Technologies was founded in 1984.
Where is Ocean Power Technologies' headquarters located?
Ocean Power Technologies' headquarters is located in Monroe Township, NJ, US.
When was Ocean Power Technologies' last funding round?
Ocean Power Technologies' most recent funding round was for $1.1M (USD) in July 2022.
How much disclosed funding has Ocean Power Technologies raised?
As of Jul 18, 2022, Ocean Power Technologies has disclosed funding of $66.7M (USD). Undisclosed round amounts are excluded.
How many employees does Ocean Power Technologies have?
Ocean Power Technologies has 82 employees as of Feb 5, 2024.
Classification
- Revenue
- Customer
- Tags
- Also Known As
- Ocean Power Technologies, Inc.
- Headquarters
- 28 Engelhard Drive, Suite B
- Monroe Township, NJ, 08831
- US
- Ticker
- OPTT
- SEC CIK
- 0001378140
- EIN
- 22-2535818
- NAICS
- 220000Utilities
- 221000Utilities
- 221100Electric Power Generation, Transmission and Distribution
- 221110Electric Power Generation
- 221111Hydroelectric Power Generation
- SIC
- 4900Electric, Gas, And Sanitary Services
- 4910Electric Services
- 4911Electric Services
- ISIC
- 3510Electric power generation, transmission and distribution
- Industry
- —Energy Companies
- —Hydroelectric Power Companies
- —Nuclear Energy Companies
- —Renewable Energy Companies
Show 13 more industry codes
- NAICS
- 221112Fossil Fuel Electric Power Generation
- 221113Nuclear Electric Power Generation
- 221114Solar Electric Power Generation
- 221115Wind Electric Power Generation
- 221116Geothermal Electric Power Generation
- 221117Biomass Electric Power Generation
- 221118Other Electric Power Generation
- 221120Electric Power Transmission, Control, and Distribution
- 221121Electric Bulk Power Transmission and Control
- 221122Electric Power Distribution
- SIC
- 1300Oil And Gas Extraction
- 1380Oil And Gas Field Services
- 1382Oil And Gas Field Exploration Services