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Ocean Power Technologies Inc. (OPTT) is in the Energy Industry

Revenue
Apr 30 2008
$4.7M
Profit
Apr 30 2008
($14.6M)
Market Cap
Oct 09 2008
$64.1M

Latest News and Analysis

Additional Resources

  • Mikros Systems and Ocean Power Technologies to Exhibit New Ocean Powered Buoy

    PRINCETON, N.J., Aug. 4 /PRNewswire-FirstCall/ -- Mikros Systems Corporation (BULLETIN BOARD: MKRS) , teamed with Ocean Power Technologies, Inc., completed an SBIR contract for a Phase I study for a communication buoy, self powered by ocean waves. The SBIR was sponsored by SPAWAR (Space and Naval Warfare...

    Articles 2008-08-04

  • OPT Secures 2MW Berth at European Marine Energy Centre at Orkney Islands, Scotland

    PENNINGTON, N.J. -- Ocean Power Technologies Ltd., a subsidiary of Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (collectively, "OPT") today announced it has signed a Berth Agreement with the European Marine Energy Centre ("EMEC") located in Orkney, Scotland. In 2007, OPT was awarded...

    Articles 2008-07-28

  • Ocean Power Technologies to Host Audio Webcast on Year-End Results

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") will host an audio webcast to review its fiscal year-ended April 30, 2008 results and related matters on Tuesday, July 15, 2008, at 11:00 a.m. Eastern Time. Dr....

    Articles 2008-07-07

  • Ocean Power Technologies Notification of Results

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") advises that it will be announcing its results for the financial year ended April 30, 2008 on Monday, July 14, 2008. About Ocean Power Technologies ...

    Articles 2008-07-07

  • Ocean Power Technologies CEO To Present At EnergyOcean 2008 Conference

    PENNINGTON, N.J. -- This week at the EnergyOcean 2008 Conference, Dr. George Taylor, CEO of Ocean Power Technologies (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT"), will be providing an update on the development and construction of OPT's patented PowerBuoy system. The presentation will provide an...

    Articles 2008-06-25

  • The Commercialization of Ocean Power is a 65-Page Overview of Ocean Power Technology

    DUBLIN, Ireland -- Research and Markets http://www.researchandmarkets.com/research/849e52/the_commercializat has announced the addition of the "The Commercialization of Ocean Power" report to their offering. The 1st Edition of Research Reports International's The Commercialization of Ocean Power report is a 65-page overview of ocean power technology and the...

    Articles 2008-06-23

  • Ocean Power Technologies and Griffin Energy Sign Joint Development Agreement for Western Australian Wave Power Station

    PENNINGTON, N.J. -- Ocean Power Technologies Australasia Pty Ltd ("OPTA"), a subsidiary of Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT") and Griffin Wave Power Ltd, a subsidiary of Griffin Energy Pty Ltd ("Griffin Energy") today announced a Joint Development Agreement for the development, construction...

    Articles 2008-05-19

  • Australia Wave Power Station Announced

    ENERGY RESOURCE-19 May 2008-Australia Wave Power Station AnnouncedC2008 JeraOne - http://www.jeraone.com Ocean Power Technologies Pty Ltd., a subsidiary of Ocean Power Technologies Inc., and Griffin Wave Power Ltd, a subsidiary of Griffin Energy Pty Ltd., today announced a joint agreement for the development, construction and operation of...

    Articles 2008-05-19

  • PACON 2008: Energy and Climate Change

    The 21st annual Pacific Congress on Marine Science and Technology Conference PACON 2008, themed "Energy and Climate Change-Innovative Approaches to Solving Today's Problems," will be held in Honolulu, Hawaii, from June 1 to 5. This dynamic meeting of marine technologists, policy makers, engineers, scientists and systems analysts provides an...

    Articles 2008-05-01

  • Spanish Ministers Applaud Ocean Power Technologies Project

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") is pleased to announce that it hosted a Ministerial visit by leading Spanish government officials to its facility in Santander, Spain. The purpose of the visit was to highlight the final...

    Articles 2008-03-25

  • Ocean Power Technologies Announces Audio Webcast of Presentation by Dr. George Taylor at Investor Conference in Boston

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announces that Dr. George Taylor, Chief Executive Officer, will be speaking at the Bank of America 2008 Small and Mid-Cap Conference in Boston on March 27, 2008. The talk will focus...

    Articles 2008-03-25

  • Ocean Power Technologies Announces Results for the Quarter and Nine Months Ended January 31, 2008

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announced today its results for the third quarter and nine months ended January 31, 2008. Highlights of the Third Quarter * Shipment of power take-off and control...

    Articles 2008-03-17

  • Ocean Power Technologies to Announce Third Quarter Results and Host Audio Webcast

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") advises that it will be announcing its results for the third quarter and nine months ended January 31, 2008, and will host an audio webcast to review its results, on Monday,...

    Articles 2008-03-11

  • Oregon Wave Energy Trust gets first $1M from state

    The Oregon Wave Energy Trust on Tuesday received $1 million from the Oregon Innnovation Council to oversee research and development of ocean power technologies in the state. The grant is part of $4.2 million earmarked for wave energy by the 2007 Legislature. "It's clear...

    Articles 2008-01-09

  • Ocean Power Technologies Appoints New Head of Business Development and Marketing

    PENNINGTON, N.J. -- Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announced today the appointment of Herbert T. Nock to the position of Vice President, Business Development & Marketing. This is a new position that has been created as...

    Articles 2008-01-03

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  • Incorporated: 1984
  • CEO: Dr. George W. Taylor Ph.D.

Ocean Power Technologies develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves. Co. provides two products as part of its line of PowerBuoy® systems: a utility PowerBuoy system and an autonomous PowerBuoy system. Co.'s PowerBuoy system is based on modular, ocean-going buoys. The rising and falling of the waves moves the buoy-like structure creating mechanical energy that Co.'s proprietary technologies convert into electricity. Co.'s autonomous PowerBuoy system is designed to generate power for use independent of the power grid in remote locations.

Key Competitors

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Ocean Power Technologies Inc. Company Info

Board of Directors

Mr. Seymour S. Preston III

Chairman

Dr. George W. Taylor Ph.D.

Mr. Thomas J. Meaney

Mr. Charles F. Dunleavy

Mr. Paul Franklyn Lozier

Contact Information

1590 Reed Road

Pennington, NJ

http://www.oceanpowertechnologies.com

609 730-0400

NAICS Code

Electric Power Distribution: 221122
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