Start Free Trial
Pricing
Log In
Log In
Upgrade browser for full Crunchbase experience. You're accessing Crunchbase in a browser that is no longer supported.
Learn More
Ocean Power Technologies (OPT) Logo
Ocean Power Technologies (OPT) Growth Score
57
CB Rank
37635
Heat Score
73
Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems.
Founded
obfuscation
PublicPost-IPO Equity Monroe Township, New Jersey, United States51-100 www.oceanpowertechnologies.com
Energy
Energy Storage
Renewable Energy
Overview

Ocean Power Technologies (OPT)
Total Funding
obfuscation
Growth Score
57
Heat Score
73

Total Funding
obfuscation
obfuscation
Post-IPO Equity raised
obfuscation
Growth Score57
-5 pts
in past quarter
Heat Score 73
23 pts
in past quarter

Company Performance Metrics

Score
Trend
AI Content may contain mistakes and is not legal, financial or investment advice.Learn more.
Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Learn More >
Recent Milestones
Raised Funding Round
Jan 1, 1970
Lorem ipsum dolor sit amet, consectetur
Raised Funding Round
Jan 1, 1970
Lorem ipsum dolor sit amet, consectetur
Raised Funding Round
Jan 1, 1970
Lorem ipsum dolor sit amet, consectetur
See more interactive data and historical milestones on desktop for the best experience

About Ocean Power Technologies (OPT)

CB Rank
37635
Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems.
Founded
obfuscation
PublicPost-IPO Equity Monroe Township, New Jersey, United States51-100 www.oceanpowertechnologies.com
Energy
Energy Storage
Renewable Energy

Funding Rounds

Post-IPO Equity
OBF
in
obfuscation
Funding Round
OBF
in
obfuscation
Grant
OBF
in
obfuscation

Key People

Details

Legal Name OCEAN POWER TECHNOLOGIES, INC.
Operating Status Active
Stock Symbol  NASDAQ:OPTT
Company Type For Profit
Founders  George W. Taylor, Joseph R. Burns
About the Company

Ocean Power Technologies, Inc. develops and is commercializing systems that generate electricity by harnessing the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies to convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company offers two PowerBuoy products, which

consist of its utility PowerBuoy system and its autonomous PowerBuoy system. The Company’s utility PowerBuoy system, which is designed to supply electricity to a local or regional electric power grid, and the Company’s autonomous PowerBuoy system, which is designed to generate power for use independent of the power grid in remote locations.

Phone Number (609)-730-0400
Contact Email info@oceanpowertech.com
Predictions & Insights

Growth Insight

See this Growth Insight
Ocean Power Technologies (OPT) is
Lorem
 to be growing
Top Contributing Factors
Recently Raised Funding

Products & Services

PowerBuoy®
An ocean-based platform that generates renewable electric power and provides real-time data communication for remote maritime and subsea applications.
WAM-V® Unmanned Surface Vehicles (USVs)
Autonomous surface vessels with a patented suspension system designed for stability and durability in rough maritime conditions, used for data collection, surveillance, and asset monitoring.

Unlock More with Crunchbase Pro
  • Full access to financial & funding data on unlimited profiles
  • Export up to 2k results/month for analysis
  • Track market signals on competitors, products, and R&D
  • Preview private company insights and predictions
Financials

Company Funding

Total Funding Amount 
obfuscation
Number of Funding Rounds 5
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity

Funding Rounds

Total Funding Amount 
obfuscation
Number of Funding Rounds 5
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity
obfuscation
Post-IPO Equity - Ocean Power Technologies (OPT) Logo
Post-IPO Equity - Ocean Power Technologies (OPT)
—
obfuscation
— Post-IPO Equity

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.
Investor Name  
Lead Investor  
Funding Round  
Partners  
NJEDA Logo
NJEDA
Yes
Funding Round - Ocean Power Technologies (OPT) Logo
Funding Round - Ocean Power Technologies (OPT)
—
NJEDA Logo
NJEDA
Yes
Funding Round - Ocean Power Technologies (OPT) Logo
Funding Round - Ocean Power Technologies (OPT)
—
NJEDA Logo
NJEDA
Yes
Funding Round - Ocean Power Technologies (OPT) Logo
Funding Round - Ocean Power Technologies (OPT)
—
NJEDA Logo
NJEDA
Yes
Funding Round - Ocean Power Technologies (OPT) Logo
Funding Round - Ocean Power Technologies (OPT)
—
NJEDA Logo
NJEDA
Yes
Funding Round - Ocean Power Technologies (OPT) Logo
Funding Round - Ocean Power Technologies (OPT)
—

Investments

Number of Acquisitions 1

Investment Breakdown

Number of Acquisitions 1
Market Intelligence
People
View Profiles & Contacts
Headcount 51-100 Employee Profiles 11 Board Members and Advisors 2

Employee Profiles

Board Members and Advisors

News

News and Press

News•May 7, 2026
obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated
News•Mar 17, 2026
obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated
News•Feb 23, 2026
obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated
News•Jan 6, 2026
obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated obfuscated
Access a complete feed of recent news and press, from product launches to leadership changes.
Technology
View Tech Report

Monthly Web Visits

43,678
259.76%
 in past month

IT Spend

$196.9KThis year, Ocean Power Technologies (OPT) is projected to spend $196.9K on IT, according to Aberdeen.

Interest Signals

TopicSurge Score
Palo Alto Networks Logo
Palo Alto Networks
89
Real-time Campaign Optimization Logo
Real-time Campaign Optimization
87
Android Logo
Android
77

Actively Used Products

19Ocean Power Technologies (OPT) uses 19 technology products and services including HTML5, Adobe Fonts, and  Google Drive, according to G2 Stack.

Active Website Tech Count

5Ocean Power Technologies (OPT) is actively using 5 technologies for its website, according to BuiltWith. These include CrUX Top 50m, Vimeo, and  CommonCrawl Top 1m.
Sub-Organizations
Frequently Asked Questions

Where is Ocean Power Technologies (OPT)'s headquarters? Ocean Power Technologies (OPT) is located in Monroe Township, New Jersey, United States.Who invested in Ocean Power Technologies (OPT)? Ocean Power Technologies (OPT) has 3 investors including NJEDA and  US Department of Energy.When was the last funding round for Ocean Power Technologies (OPT)? Ocean Power Technologies (OPT) closed its last funding round on
obfuscation
from a Post-IPO Equity round.Who are Ocean Power Technologies (OPT)'s competitors? Alternatives and possible competitors to Ocean Power Technologies (OPT) may include Oscilla Power, Seatrec, and  MARTAC.How much funding has Ocean Power Technologies (OPT) raised to date? Ocean Power Technologies (OPT) has raised
obfuscation
.
Who We Are
What We Do
Helpful Links
AI Content may contain mistakes and is not legal, financial or investment advice. Learn more.
Terms of Service | Privacy Policy | Sitemap | © 2026 Crunchbase Inc. All Rights Reserved.
(55a1db1 1)
|