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Ocean Power Technologies Inc
28 Engelhard Drive, Suite B
Phone: (609) 730-0400p:609 730-0400 MONROE TOWNSHIP, NJ  08831  United States Ticker: OPTTOPTT

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.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
1/31/20244/30/2023YesYes--Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Chairman of the Board Terence J.Cryan 60 6/1/2014 10/4/2012
President, Chief Executive Officer, Director PhilippStratmann 43 6/18/2021 6/18/2021
Chief Financial Officer, Senior Vice President Robert P.Powers 51 12/13/2021 12/13/2021
6 additional Officers and Directors records available in full report.

Business Names
Business Name
3Dent Technology, LLC
Marine Advanced Robotics, Inc.
Ocean Power Technologies (Australasia) Pty Ltd.
6 additional Business Names available in full report.

General Information
Number of Employees: 72 (As of 4/30/2023)
Outstanding Shares: 59,463,573 (As of 3/11/2024)
Shareholders: 230
Stock Exchange: ASE
Federal Tax Id: 222535818
Fax Number: (302) 655-5049


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Wednesday, March 27, 2024