Ocean Power Technologies (OPT) - Crunchbase Company Profile & Funding

Q: Who invested in Ocean Power Technologies (OPT)?

Ocean Power Technologies (OPT) has 3 investors including NJEDA And US Department of Energy.

Q: How much funding has Ocean Power Technologies (OPT) raised to date?

Ocean Power Technologies (OPT) has raised obfuscated.

Overview

Ocean Power Technologies (OPT)

Total Funding

obfuscation

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

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

Recent Events

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

62552

Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems.

Founded

obfuscation

Public

Post-IPO Equity

Monroe Township, New Jersey, United States

51-100

www.oceanpowertechnologies.com

Energy

Energy Storage

Renewable Energy

Funding Rounds

Post-IPO Equity

OBF

obfuscation

Funding Round

OBF

obfuscation

Grant

OBF

obfuscation

Key People

George H. Kirby: President & CEO
Mike M. Mekhiche: Vice President, Engineering
Past Role: Kaman, Commercial and Defense Contractors

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

Funding Rounds

Investors

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity

Funding Rounds

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity
obfuscated obfuscation	Post-IPO Equity - Ocean Power Technologies (OPT)	—	obfuscated obfuscation	—	Post-IPO Equity

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
NJEDA	Yes	Funding Round - Ocean Power Technologies (OPT)	—
NJEDA	Yes	Funding Round - Ocean Power Technologies (OPT)	—
NJEDA	Yes	Funding Round - Ocean Power Technologies (OPT)	—
NJEDA	Yes	Funding Round - Ocean Power Technologies (OPT)	—
NJEDA	Yes	Funding Round - Ocean Power Technologies (OPT)	—