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Ocean Power Technologies Inc
28 Engelhard Dr Ste B
Phone: (609) 730-0400p:609 730-0400 Monroe Township, NJ  08831-3720  United States Fax: (302) 655-5049f:302 655-5049
This company is no longer actively traded on any major stock exchange.
Business Summary
Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
7/31/20124/30/2012YesYes---

Industries
SIC Code Description
4911 Electric services
3699 Electrical machinery, equipment, and supplies, not elsewhere classified
3443 Fabricated plate work (boiler shops)
3691 Storage batteries

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director George H.Kirby 50 1/20/2015 1/20/2015
Chief Financial Officer, Principal Accounting Officer, Vice President - Finance, Treasurer Matthew T.Shafer 49 9/16/2016 9/7/2016
Chairman of the Board Terence J.Cryan 58 6/1/2014 10/4/2012

Business Names
Business Name
Ocean Power Technologies (Australasia) Pty Ltd.
Ocean Power Technologies Ltd.
OPT
Oregon Wave Energy Partners I, LLC
Reedsport OPT Wave Park LLC

General Information
Number of Employees: 47 (As of 4/30/2012)
Outstanding Shares: 30,798,438 (As of 12/4/2020)
Shareholders: 315
Stock Exchange: SEA
Federal Tax Id: 222535818
Fax Number: (302) 655-5049


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Saturday, July 22, 2023