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- $71.4MMarket Cap
- -42.52%1-Year Change
- Specialty Industrial MachineryIndustry
OCEAN POWER TECH (OPTT)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 28
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results
Ocean Power Technologies reported fiscal 2025 results with increased backlog, strategic international partnerships, and reduced operating expenses, focusing on maritime autonomous solutions for defense and commercial markets.
07/24/2025, 4:54 PM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Key Executives
- Philipp Stratmann
- Robert Patrick Powers
- Tracy D. Pagliara
- Jason Weed
Current Ownership Distribution
- Institutions160.8M (65.56%)
- Mutual Funds75.1M (30.64%)
- Insiders9.3M (3.80%)
- Other0 (0.00%)