Ocean Power Technologies Overview
- Year Founded
-
1984
- Status
-
Public
- Employees
-
43
- Stock Symbol
-
OPTT
- Investments
-
2
- Share Price
-
$0.30
- (As of Tuesday Closing)
Ocean Power Technologies General Information
Description
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
Contact Information
Website
www.oceanpowertechnologies.comCorporate Office
- 1590 Reed Road
- Pennington, NJ 08534
- United States
Corporate Office
- 1590 Reed Road
- Pennington, NJ 08534
- United States
Ocean Power Technologies Stock Performance
As of 10-Dec-2024, Ocean Power Technologies’s stock price is $0.30. Its current market cap is $37.4M with 126M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.30 | $0.32 | $0.12 - $0.82 | $37.4M | 126M | 22.1M | -$0.40 |
Ocean Power Technologies Financials Summary
As of 31-Jul-2024, Ocean Power Technologies has a trailing 12-month revenue of $5.55M.
|
In Thousands, USD |
TTM 31-Jul-2024 | FY 2024 30-Apr-2024 | FY 2023 30-Apr-2023 | FY 2022 30-Apr-2022 |
|---|---|---|---|---|
| EV | 19,604 | 5,069 | (11,761) | (3,268) |
| Revenue | 5,554 | 5,525 | 2,732 | 1,759 |
| EBITDA | (25,256) | (28,376) | (26,869) | (20,306) |
| Net Income | (24,897) | (27,483) | (26,326) | (18,874) |
| Total Assets | 29,179 | 28,704 | 53,374 | 73,393 |
| Total Debt | 926 | 2,572 | 1,840 | 857 |
Ocean Power Technologies Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ocean Power Technologies Comparisons
Industry
Financing
Details
Ocean Power Technologies Competitors (2)
One of Ocean Power Technologies’s 2 competitors is The European Marine Energy Centre, a Corporation company based in Orkney, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The European Marine Energy Centre | Corporation | Orkney, United Kingdom | ||||
| EDF Energy | Corporation | London, United Kingdom |
Ocean Power Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Ocean Power Technologies Patents
Ocean Power Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2021201622-A1 | Installation-connected dual-point absorber | Pending | 26-Mar-2020 | ||
| JP-2021175895-A | Dual point absorber connected to facility | Pending | 26-Mar-2020 | ||
| US-11459997-B2 | Wave energy converter including a dual-point absorber connected to an above-water installation via a linkage | Active | 26-Mar-2020 | ||
| US-20210301777-A1 | Installation-connected dual-point absorber | Active | 26-Mar-2020 | ||
| EP-3885569-A1 | Installation-connected dual-point absorber | Pending | 26-Mar-2020 | F03B13/20 |
Ocean Power Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Ocean Power Technologies Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ocean Power Technologies Acquisitions (2)
Ocean Power Technologies’s most recent deal was a Merger/Acquisition with Marine Advanced Robotics for . The deal was made on 16-Nov-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Marine Advanced Robotics | 16-Nov-2021 | Merger/Acquisition | Marine | ||
| 3Dent Technology | 01-Feb-2021 | Merger/Acquisition | Construction and Engineering |
Ocean Power Technologies Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 3Dent Technology | Construction and Engineering | Houston, TX |
Ocean Power Technologies ESG
Risk Overview
Risk Rating
Updated February, 15, 2024
28.77 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,100
Rank
Percentile
Electrical Equipment
Industry
of 301
Rank
Percentile
Electrical Equipment
Subindustry
of 301
Rank
Percentile
Ocean Power Technologies FAQs
-
When was Ocean Power Technologies founded?
Ocean Power Technologies was founded in 1984.
-
Where is Ocean Power Technologies headquartered?
Ocean Power Technologies is headquartered in Pennington, NJ.
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What is the size of Ocean Power Technologies?
Ocean Power Technologies has 43 total employees.
-
What industry is Ocean Power Technologies in?
Ocean Power Technologies’s primary industry is Consulting Services (B2B).
-
Is Ocean Power Technologies a private or public company?
Ocean Power Technologies is a Public company.
-
What is Ocean Power Technologies’s stock symbol?
The ticker symbol for Ocean Power Technologies is OPTT.
-
What is the current stock price of Ocean Power Technologies?
As of 10-Dec-2024 the stock price of Ocean Power Technologies is $0.30.
-
What is the current market cap of Ocean Power Technologies?
The current market capitalization of Ocean Power Technologies is $37.4M.
-
What is Ocean Power Technologies’s current revenue?
The trailing twelve month revenue for Ocean Power Technologies is $5.55M.
-
Who are Ocean Power Technologies’s competitors?
The European Marine Energy Centre and EDF Energy are competitors of Ocean Power Technologies.
-
What is Ocean Power Technologies’s annual earnings per share (EPS)?
Ocean Power Technologies’s EPS for 12 months was -$0.40.
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