Ocean Power Technologies, Inc. (USD) Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Ocean Power Technologies, Inc. (USD) Active

28 Engelhard Drive, Monroe Township, NJ, US, 08831

Stock Price USD

Price Change

Last Dividend USD

B-

Latest Rating

OPTT's stock peer is CBAT (CBAK Energy Technology, Inc.)

OPTT's stock peer is ENVX (Enovix Corporation)

OPTT's stock peer is EOSE (Eos Energy Enterprises, Inc.)

OPTT's stock peer is EOSEW (Eos Energy Enterprises, Inc.)

OPTT's stock peer is FCEL (FuelCell Energy, Inc.)

OPTT's stock peer is FLUX (Flux Power Holdings, Inc.)

OPTT's stock peer is FREY (FREYR Battery)

OPTT's stock peer is GWH (ESS Tech, Inc.)

OPTT's stock peer is IPWR (Ideal Power Inc.)

OPTT's stock peer is MVST (Microvast Holdings, Inc.)

OPTT's stock peer is NEOV (NeoVolta Inc.)

OPTT's stock peer is POLA (Polar Power, Inc.)

OPTT's stock peer is PPSI (Pioneer Power Solutions, Inc.)

OPTT's stock peer is XPON (Expion360 Inc.)

Industrials Electrical Equipment & Parts

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

100%

Dcf Rating

20%

Return On Equity

20%

Return On Assets

80%

Debt To Equity

20%

Price To Earnings

40%

Price To Book

Income Statement

Dividend Stats Yield is calculated via trailing-12-month period

Ex-Dividend	Payment Date	Dividend	Yield	Dividend Frequency
Dividend Data Not Exist

Recent News

Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program

Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions

2025-05-27 08:15:00

Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey

Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast

2025-05-22 08:15:00

Ocean Power Technologies to Participate in a Fireside Chat on Tuesday, May 6, 2025

MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company's ongoing commitment to connecting with the investor community, it will participate in a fireside chat on Tuesday May 6, 2025, at 11 a.m. ET.

2025-05-05 16:15:00

Ocean Power Technologies Awarded Contract to Provide Multiple Unmanned Surface Vehicles for International Defense Customer

MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has been awarded a contract for multiple WAM-V®s for delivery to certain Allied Forces.

2025-05-05 08:15:00

Ocean Power Technologies Ships AI-Capable Merrows™ PowerBuoy®

MONROE TOWNSHIP, N.J., May 01, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has shipped a Merrows™ capable PowerBuoy® to demonstrate the survivability and suitability of the system for certain defense and security applications, including surface and subsea monitoring.

2025-05-01 08:15:00

Ocean Power Technologies Ships Multi-Day Capable WAM-V® for Indo-Pacific Operations

Successfully demonstrates three days of continuous survey operations Successfully demonstrates three days of continuous survey operations

2025-04-30 08:15:00

Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International Government Customer

MONROE TOWNSHIP, N.J., April 14, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has secured a contract from a new international government customer for a fully integrated WAM-V for near term delivery.

2025-04-14 08:15:00

Ocean Power Technologies Signs Strategic Reseller Agreement with Elektron SAS

Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America

2025-04-11 08:15:00

Ocean Power Technologies Signs U.S. Reseller Agreement with Grava Hydrographic Solutions LLC

Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States

2025-04-10 08:50:00

Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty

Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage

2025-04-07 08:15:00

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