Oceanpowertechnologies

OPT is a renewable energy company that provides power generation devices, services and related equipments. Read more

15 Followers on Owler
15 Followers on Owler
15 Followers on Owler
15 Followers on Owler

Oceanpowertechnologies

OPT is a renewable energy company that provides power generation devices, services and related equipments. Read more

George H. Kirby's photo - President & CEO of Oceanpowertechnologies

President & CEO

George H. Kirby

CEO Approval Rating

75/100

Founded:

1984

Status:

PublicIndependent CompanyNASDAQOPTT

OCEANPOWERTECHNOLOGIES TOP COMPETITORS OR ALTERNATIVES

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Rnp is one of Oceanpowertechnologies's top rivals. Rnp is a Private company that was founded in null in Portland, Oregon. Rnp competes in the NGO/NPO/NFP industry. Compared to Oceanpowertechnologies, Rnp has NaN fewer employees.

OWECO is seen as one of Oceanpowertechnologies's biggest rivals. OWECO was founded in 1978 in Portsmouth, Rhode Island. OWECO is in the Renewable Energy industry. OWECO generates $ less revenue than Oceanpowertechnologies.

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Oceanpowertechnologies Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.7M

Oceanpowertechnologies's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 14.9M. Over the last four quarters, Oceanpowertechnologies's revenue has decreased by 56.3%. Specifically, in Q1 2021's revenue was $ < 1M; in Q4 2020, it was $ < 1M; in Q2 2020, it was $ < 1M; in Q1 2020, Oceanpowertechnologies's revenue was $ < 1M.

Oceanpowertechnologies Acquisitions

No recent acquisitions found related to Oceanpowertechnologies

Oceanpowertechnologies Funding History

Since Oceanpowertechnologies was founded in 1984, it has participated in 2 rounds of funding. In total Oceanpowertechnologies has raised $4.5M. Oceanpowertechnologies' last funding round was on Apr 2020 for a total of $890.0K

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$890K

Santander Bank

Unattributed
Jul 2016
$3.6M
-

Since Oceanpowertechnologies was founded in 1984, it has participated in 2 rounds of funding. In total Oceanpowertechnologies has raised $4.5M. Oceanpowertechnologies' last funding round was on Apr 2020 for a total of $890.0K

Oceanpowertechnologies Investments

No recent investments found related to Oceanpowertechnologies

Oceanpowertechnologies News

December 23, 2020Micro Small Cap

Ocean Power Technologies Welcomes Three New Members to its Board of Directors

Hewlett, Purcel & Slaiby Elected as Independent DirectorsMONROE TOWNSHIP, N.J., Dec. 23, 2020 (GLOBE ... See more »
December 7, 2020ForexTV

Ocean Power Technologies Announces Second Quarter FY2021 Results

Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET MONROE TOWNSHIP, N.J., Dec... See more »
December 7, 2020Micro Small Cap

Ocean Power Technologies Taps SeaTrepid International for First Remote OPT PowerBuoy Deployment

Turnkey Installation of OPT PowerBuoy® Solution in Chile MONROE TOWNSHIP, N.J., Dec. 07, 2020 (GLOBE ... See more »
November 23, 2020Micro Small Cap

Ocean Power Technologies Expands Commercial Team With Southern Europe-Based Representative

MONROE TOWNSHIP, N.J., Nov. 23, 2020 (GLOBE NEWSWIRE) - Ocean Power Technologies, Inc. ("OPT" or "the... See more »
November 16, 2020Micro Small Cap

DeepStar Awards Subsea Systems Engineering Contract to Ocean Power Technologies

Study to Utilize PB3 PowerBuoy for 'Remote Zero Carbon Power for Electric Subsea Operations' ProjectM... See more »
October 26, 2020Subsea World News

OPT's PowerBuoy under review as autonomous system for marine defense

Ocean Power Technologies (OPT) has been contracted for a feasibility study into using its PB3 PowerBu... See more »

Oceanpowertechnologies Press Releases

October 27, 2020LD Micro

Ocean Power Technologies Contracts With ACET for U.S. Navy SLAMR Initiative

Read this press release and other recent news about Ocean Power Technologies Inc. (OPTT) at ldmicro.c... See more »
March 10, 2020StreetInsider

Ocean Power Technologies Announces Third Quarter Fiscal 2020 Results

Increased Revenue Compared to Prior Year by 171% and Shipped a PB3 PowerBuoy® to Chile for Deploymen... See more »
May 21, 2019GlobalNewswire

Ocean Power Technologies Regains NASDAQ Listing Compliance

MONROE TOWNSHIP, N.J., May 21, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT)... See more »
May 14, 2019GlobeNewswire

Ocean Power Technologies Announces Commercialization Update Conference Call on Thursday, May 16, 2019

The Company to discuss its New Products, Sales Pipeline and Key PartnershipsThe Company to discuss it... See more »
May 13, 2019GlobalNewswire

Ocean Power Technologies' PB3 PowerBuoy® Achieves Key Milestone, Generating Over One Megawatt-Hour of Cumulative Energy

Eni's MaREnergy Project Confirms Power Generation and AUV Charging Capabilities of OPT's PB3 PowerBuo... See more »
April 4, 2019streetinsider

Ocean Power Technologies, Inc. Prices $15,000,000 Public Offering

Ocean Power Technologies, Inc. (NASDAQ: OPTT) (“OPT” OR THE “COMPANY”), today announced the pricing o... See more »
February 12, 2019StreetInsider

Ocean Power Technologies Announces United States Navy Contract Award

Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and co... See more »

Oceanpowertechnologies Videos

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Oceanpowertechnologies Headquarters

1590 Reed Rd Suite B

Pennington, New Jersey08534

609-730-0400

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Oceanpowertechnologies Summary

ABOUT

Overview

OPT is a renewable energy company that provides power generation devices, services and related equipments. Oceanpowertechnologies was founded in 1984. Oceanpowertechnologies' headquarters is located in Pennington, New Jersey, USA 08534. It has raised ...

CEO

Oceanpowertechnologies's President & CEO, George H. Kirby, currently has an approval rating of 75%. Oceanpowertechnologies's primary competitors are Rnp, Cpws & OWECO.

Website

oceanpowertechnologies.com

Frequently Asked Questions about Oceanpowertechnologies

  1. When was Oceanpowertechnologies founded?

    Oceanpowertechnologies was founded in 1984
  2. Who is Oceanpowertechnologies's CEO?

    Oceanpowertechnologies's CEO is George H. Kirby
  3. How much revenue does Oceanpowertechnologies generate?

    Oceanpowertechnologies generates $1.7M in revenue
  4. How much funding does Oceanpowertechnologies have?

    Oceanpowertechnologies has historically raised $4.5M in funding
  1. Where is Oceanpowertechnologies's headquarters?

    Oceanpowertechnologies's headquarters is in Pennington New Jersey, USA
  2. How many employees does Oceanpowertechnologies have?

    Oceanpowertechnologies has 39 employees
  3. What sector does Oceanpowertechnologies operate in?

    Oceanpowertechnologies is in Multi-Utilities
  4. Who are Oceanpowertechnologies's competitors?

    Oceanpowertechnologies's top competitors are Rnp, Cpws, OWECO