Ocean Power Technologies
Ocean Power Technologies's Overview
Ocean Power Technologies (OPT) is a pioneer in renewable wave-energy technology that converts ocean wave energy into electricity. OPT's flagship product, the PowerBuoy®, provides reliable and persistent offshore power and real-time data communications for remote applications in markets such as oil and gas, defense and security, science and research, and communications. They also offer the WAM-V® (Wave Adaptive Modular Vessel) autonomous surface vehicles for maritime surveillance and data acquisition. OPT aims to make ocean resources a viable, sustainable, and cost-effective source of energy and data.
Where is Ocean Power Technologies's Headquarters?
HQ Function
The headquarters serves as the central hub for research and development, engineering, manufacturing oversight, corporate administration, and strategic operations for OPT's global activities.
Notable Features:
The facility likely includes specialized R&D labs, assembly areas for PowerBuoy® components, and testing equipment crucial for developing their ocean energy and autonomous vehicle technologies.
Work Culture:
OPT's work culture emphasizes innovation, engineering excellence, and a commitment to sustainability. Employees often work in a dynamic environment focused on pioneering solutions for harnessing ocean power and enhancing maritime domain awareness.
HQ Significance:
The New Jersey headquarters is significant as it's the core of OPT's technological advancements and strategic direction in the marine energy and autonomous systems sectors.
Values Reflected in HQ: The headquarters reflects OPT's values of innovation, pioneering spirit, sustainability, and technical expertise in addressing complex offshore challenges.
Location:
Ocean Power Technologies supports global maritime operations with its PowerBuoy® systems providing remote offshore power and its WAM-V® autonomous vehicles for surveillance and data collection. While headquartered in the US, their solutions are deployed and marketed internationally, engaging with clients in North America, Europe, Asia, and other key maritime regions for defense, offshore energy, and oceanographic research.
Street Address:
28 Engelhard Drive, Suite B
City:
Monroe Township
State/Province:
New Jersey
Country:
USA
Ocean Power Technologies's Global Presence
Richmond, California/USA
Address: 1402 Marina Way S, Richmond, CA 94804, USA
Serves as a key West Coast hub for autonomous vehicle technology development, leveraging proximity to maritime testing environments and a strong tech talent pool.
Buying Intent Signals for Ocean Power Technologies
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Executive Team of Ocean Power Technologies
As of April 2025, Ocean Power Technologies' leadership includes:
Investors of Ocean Power Technologies
Ocean Power Technologies has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
In the past year, Ocean Power Technologies has seen some strategic appointments to bolster its operational and commercial capabilities. No major C-suite departures have been prominently announced.
New Appointments:
Technology (Tech Stack) used by Ocean Power Technologies
Discover the tools Ocean Power Technologies uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Ocean Power Technologies Email Formats and Examples
Ocean Power Technologies commonly uses the first initial followed by the last name for their email format. This is a prevalent pattern for companies of this size and industry.
flast@oceanpowertechnologies.com
Format
pstratmann@oceanpowertechnologies.com
Example
80%
Success rate
News and media
Ocean Power Technologies • 2024-05-15
Ocean Power Technologies news title: OPT Announces Additional WAM-V® Order for International Defense Application
Ocean Power Technologies, Inc. announced it has received an order for a WAM-V autonomous surface vehicle from a new international defense customer. The WAM-V is expected to be used for coastal surveillance and security operations....more
Yahoo Finance • 2024-03-13
Ocean Power Technologies news title: Ocean Power Technologies Reports Fiscal 2024 Third Quarter Results
OPT reported its financial results for the third quarter of fiscal year 2024, highlighting revenue growth driven by WAM-V sales and strategic services, alongside ongoing investments in technology and market expansion....more
Ocean Power Technologies • 2023-10-02
Ocean Power Technologies news title: OPT Announces Appointment of Robert P. (Bob) Powers as Senior Vice President and Chief Operating Officer
Ocean Power Technologies, Inc. announced the appointment of Robert P. (Bob) Powers as its Senior Vice President and Chief Operating Officer, effective October 2, 2023. Mr. Powers brings extensive experience in maritime operations and strategic growth....more
Highperformr’s free tools for company research
Explore Employees by Region or Country
See where a company’s workforce is located, by country or region.
View Funding Details
View past and recent funding rounds with amounts and investors.
Understand Revenue Insights
Understand company revenue estimates and financial scale.
Track Active Job Openings
Track active roles and hiring trends to spot growth signals.
Review Product and Offerings
Discover what a company offers—products, platforms, and solutions.
Get SIC or NAICS Codes
Get the company’s official SIC and NAICS classifications.
Analyze Website Traffic Trends
Analyze visitor volume, engagement, and top traffic sources.
Discover Social Profiles and Engagement
Explore LinkedIn, Twitter, and other active social profiles.
Identify Top Competitors
Identify top competitors based on similar business traits.
Research and Discover Companies with Highperformr — Smarter, Faster
Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.
Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.
- Track intent signals to find buyers who are actively in-market
- Enrich contacts and companies instantly, no need to switch tools
- Automate workflows to stay ahead of every change
- Connect your CRM & tools for seamless data sync and activation
Thousands of companies, including Ocean Power Technologies, are just a search away.