Ocean Thermal Energy Overview
- Year Founded
-
1998
- Status
-
Public
- Employees
-
2
- Stock Symbol
-
CPWR
- Investments
-
2
- Share Price
-
$0.01
- (As of Monday Closing)
Ocean Thermal Energy General Information
Description
Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.
Contact Information
- 800 South Queen Street
- Lancaster, PA 17603
- United States
Ocean Thermal Energy Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.01 | $2.42M | 184M | 52.4K | -$1.85 |
Ocean Thermal Energy Financials Summary
|
In Thousands, USD |
TTM 30-Sep-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
|---|---|---|---|---|
| EV | 11,142 | 10,374 | 9,571 | 11,921 |
| Revenue | 0 | 0 | 0 | 0 |
| EBITDA | (337,655) | (4,886) | (563) | (4,810) |
| Net Income | (339,857) | (6,912) | (2,671) | (6,450) |
| Total Assets | 70 | 6 | 6 | 17 |
| Total Debt | 8,633 | 8,632 | 8,711 | 8,652 |
Ocean Thermal Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ocean Thermal Energy Comparisons
Industry
Financing
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Ocean Thermal Energy Competitors (10)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Able Technologies (New Jersey) | Corporation | Englewood, NJ | ||||
| 0000000 0000000000 | Corporate Backed or Acquired | Wieringerwerf, Netherlands | 00 | 000000&0 | ||
| 000( 000000 000000 | Corporation | Satellite Beach, FL | 00 | |||
| 0000000 00000 | Venture Capital-Backed | New York, NY | 00 | 0000 | 0000000000 0 | 0000 |
| 00+0 | Venture Capital-Backed | Brawley, CA | 0 | 000.00 | 0000000000 0 | 000.00 |
Ocean Thermal Energy Executive Team (5)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Stephen Oney Ph.D | Chief Science Advisor | ||
| Jeremy Feakins | Chief Executive Officer & Chief Financial Officer, Finance |
Ocean Thermal Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Ocean Thermal Energy Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ocean Thermal Energy Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Tetridyn Solutions | 10-May-2017 | 0000000000 | Systems and Information Management | 000000 00 | |
| Broadband Network Affiliates | 31-Dec-2013 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) | 000000 00 |