Ocean Power Technologies Overview

  • Founded
  • 1984
  • Status
  • Public
  • Employees
  • 46
  • Stock Symbol
  • OPTT
Stock Symbol
  • Investments
  • 1
  • Share Price
  • $2.13
  • (As of Friday Closing)

Ocean Power Technologies General Information


Ocean Power Technologies Inc is a renewable wave-energy technology company, which is engaged in developing systems that generate electricity by harnessing the renewable energy of ocean waves. It offers the PowerBuoy technology which integrates with hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and Asia and Australia.

Contact Information

Ownership Status
Publicly Held
Financing Status
Primary Industry
Electric Utilities
Stock Exchange
Primary Office
  • 1590 Reed Road
  • Pennington, NJ 08534
  • United States
+1 (609) 000-0000
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Ocean Power Technologies Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.13 $2.30 $0.95 - $7.30 $112M 52.5M 2.23M -$0.40

Ocean Power Technologies Financials Summary

In Thousands,
TTM 31-Jul-2021 FY 2021 30-Apr-2021 FY 2020 30-Apr-2020 FY 2019 30-Apr-2019
EV 22,371 50,378 (4,385) 5,528
Revenue 1,309 1,206 1,682 632
EBITDA (15,591) (14,512) (11,016) (12,951)
Net Income (14,454) (14,760) (10,352) (12,246)
Total Assets 81,191 86,377 13,538 18,366
Total Debt 1,091 2,057 1,307 188
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ocean Power Technologies Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Ocean Power Technologies Executive Team (8)

Name Title Board Seat Contact Info
Philipp Stratmann Ph.D Chief Executive Officer & President
Matthew Shafer Chief Financial Officer, Finance & Chief Accounting Officer, Accounting & treasurer & senior vice president
Deborah Montagna Vice President of Business and Product Development
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Ocean Power Technologies Board Members (10)

Name Representing Role Since
00000 0000000 Ocean Power Technologies Board Member 000 0000
00000 000000 Ocean Power Technologies Board Member 000 0000
0000000 00000 Self Chairman & Board Member 000 0000
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Ocean Power Technologies Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Ocean Power Technologies Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 0000000000 01-Feb-2021 000000000000000000 00.000 Construction and Engineering
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Ocean Power Technologies Subsidiaries (1)

Company Name Industry Location Founded
00000 0000000000 Construction and Engineering Houston, TX 0000
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