Ocean Power Technologies | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Ocean Power Technologies (OPT), based in Monroe Township, New Jersey, is a leader in renewable energy focused on intelligent maritime solutions.
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Based in Monroe Township, New Jersey, this organization is a leader in renewable energy focused on intelligent maritime solutions. Founded in 1984, it specializes in harnessing ocean wave energy to generate clean electric power and offers autonomous maritime systems and data services for remote offshore applications.
The flagship technology, the PowerBuoy®, converts wave energy into electricity and provides real-time data communications for various maritime operations. The company also develops WAM-V® Autonomous Surface Vessels to enhance operational capabilities and the Merrows™ system to improve maritime domain awareness. Additionally, the Undersea Substation Pod aggregates power from marine energy sources, supporting infrastructure needs in the sector. Serving diverse markets such as defense, offshore oil and gas, science, research, and wind, their services encompass power generation, data communications, and marine robotics with an emphasis on safety, efficiency, and sustainability.
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