Inactive Instrument

Company Ocean Power Technologies Inc Nasdaq

Equities

US6748704078

Renewable Energy Equipment & Services

Business Summary

Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. 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.

Sales per Business

USD in Million2022Weight2023Weight Delta
Wave Adaptive Modular Vessels
58.1 %
- - 2 58.1 % -
Services
32.1 %
- - 1 32.1 % -
Buoy
9.8 %
- - 0 9.8 % -

Sales per region

USD in Million2022Weight2023Weight Delta
America
90.7 %
2 92.8 % 2 90.7 % +51.81%
Asia and Australia
9.3 %
0 6.1 % 0 9.3 % +136.45%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 18-12-31
Director of Finance/CFO 53 21-12-12
Chief Operating Officer - 22-05-08
General Counsel - -
Human Resources Officer - 21-10-31
Corporate Officer/Principal 41 22-02-28
Comptroller/Controller/Auditor 58 21-07-31

Members of the board

Members of the board TitleAgeSince
Chairman 62 12-10-03
Director/Board Member 70 20-12-22
Director/Board Member 58 20-12-22
Director/Board Member 61 21-12-13
Director/Board Member 66 20-12-22
Chief Executive Officer 45 18-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 59,551,590 55,246,970 ( 92.77 %) 88,017 ( 0.1478 %) 92.77 %

Shareholders

NameEquities%Valuation
3,008,922 5.118 % 887 632 $
Vanguard Global Advisers LLC
3.086 %
1,814,341 3.086 % 535 231 $
BlackRock Institutional Trust Co. NA
0.9876 %
580,571 0.9876 % 171 268 $
Geode Capital Management LLC
0.8136 %
478,324 0.8136 % 141 106 $
258,889 0.4404 % 76 372 $
206,871 0.3519 % 61 027 $
Bailard, Inc.
0.3348 %
196,839 0.3348 % 58 068 $
196,184 0.3337 % 57 874 $
181,871 0.3094 % 53 652 $
181,871 0.3094 % 53 652 $

Company contact information

Ocean Power Technologies, Inc.

28 Engelhard Drive Suite B

08831, Monroe Township

+609 730 0400

http://www.oceanpowertechnologies.com
address Ocean Power Technologies Inc