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Ocean Power Technologies, Inc. (OPTT)

AMEX Industrials Electrical Equipment & Parts
$0.18 ▲ +12.35%
Market Cap
$35.1M
Sector
Industrials
Industry
Electrical Equipment & Parts
Beta
2.57
52-Wk Range
0.13-0.72
CEO
Philipp Stratmann
Country
US
Currency
USD

Ocean Power Technologies, Inc. (OPTT) is a company dedicated to creating and deploying exclusive technologies that convert the sustainable power of ocean waves into electricity. The firm operates globally, with a presence in North America, South America, Europe, and Asia. A primary offering is their PB3 PowerBuoy system, engineered to provide autonomous power generation for remote offshore locations, independent of traditional electrical grids. Beyond this, OPTT's product line includes hybrid PowerBuoy solutions and subsea battery systems. They also furnish essential supporting services such a…

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