Ocean Power Technologies Overview
- Year Founded
-
1984

- Status
-
Public
- Employees
-
72

- Stock Symbol
-
OPTT

- Investments
-
2
- Share Price
-
$0.36
- (As of Thursday 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
- 1590 Reed Road
- Pennington, NJ 08534
- United States
Ocean Power Technologies Timeline
Ocean Power Technologies Stock Performance
(As of Thursday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.36 | $0.29 | $0.25 - $0.77 | $21.6M | 60.8M | 213K | -$0.49 |
Ocean Power Technologies Financials Summary
In Thousands, USD |
TTM 31-Jul-2023 | FY 2023 30-Apr-2023 | FY 2022 30-Apr-2022 | FY 2021 30-Apr-2021 |
---|---|---|---|---|
EV | 2,171 | (11,761) | (3,268) | 50,378 |
Revenue | 3,289 | 2,732 | 1,759 | 1,206 |
EBITDA | (28,166) | (26,869) | (20,306) | (14,512) |
Net Income | (27,513) | (26,326) | (18,874) | (14,760) |
Total Assets | 45,679 | 53,374 | 73,393 | 86,377 |
Total Debt | 1,713 | 1,840 | 857 | 2,057 |
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 (1)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
00000 00000000 000 | Formerly VC-backed | Austin, TX | 00000 | 000000&0 | 00000 |
Ocean Power Technologies Patents
Ocean Power Technologies Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
JP-2021175895-A | Dual point absorber connected to facility | Pending | 26-Mar-2020 | 00000000000 | |
US-11459997-B2 | Wave energy converter including a dual-point absorber connected to an above-water installation via a linkage | Active | 26-Mar-2020 | 00000000000 | 00 |
AU-2021201622-A1 | Installation-connected dual-point absorber | Pending | 26-Mar-2020 | 000000000 | |
CA-3112864-A1 | Installation-connected dual-point absorber | Pending | 26-Mar-2020 | 000000000 | |
EP-3885569-A1 | Installation-connected dual-point absorber | Pending | 26-Mar-2020 | F03B13/20 | 0 |
Ocean Power Technologies Executive Team (10)
Ocean Power Technologies Board Members (11)
Name | Representing | Role | Since |
---|---|---|---|
00000 0000000 | Ocean Power Technologies | Board Member | 000 0000 |
00000 000000 | Self | Board Member | 000 0000 |
0. 000000000 00.0 | Ocean Power Technologies | Chief Executive Officer & Board Member | 000 0000 |
0000000 000000-000 | Self | Board Member | 000 0000 |
00000 000000 | Ocean Power Technologies | Board Member | 000 0000 |
Ocean Power Technologies Signals
Ocean Power Technologies Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Ocean Power Technologies Acquisitions (2)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Marine Advanced Robotics | 16-Nov-2021 | 0000000000 | 0000 | Marine | 0. 000000 |
3Dent Technology | 01-Feb-2021 | Merger/Acquisition | 00.000 | Construction and Engineering | 000000 00 |
Ocean Power Technologies Subsidiaries (2)
Company Name | Industry | Location | Founded |
---|---|---|---|
3Dent Technology | Construction and Engineering | Houston, TX | 2013 |
Marine Advanced Robotics | Marine | Richmond, CA | 0000 |
Ocean Power Technologies ESG
Risk Overview
Risk Rating
Updated July, 01, 2023
29.81 | 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
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
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
00 of 15,708
Rank
Percentile

Electrical Equipment
Industry
00 of 277
Rank
Percentile

Electrical Equipment
Subindustry
00 of 277
Rank
Percentile
