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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Ocean Power Technologies, Inc.    OPTT

OCEAN POWER TECHNOLOGIES, INC.

(OPTT)
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Business Summary
Logo Ocean Power Technologies, Inc.
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.

Number of employees : 36 people.
Sales per Business
2020
USD (in Million)%
EGP1.2172%
Eni S.p.A0.17310.3%
Other0.1508.9%
Premier Oil UK Limited0.1488.8%
Sales per region
20192020Delta
USD (in Million)%USD (in Million)%
North America0.632100%1.68100% +166.14%
Managers
NameAgeSinceTitle
George H. Kirby492015President, CEO & Executive Director
Terence James Cryan572014Chairman
Matthew T. Shafer482016CFO, Treasurer & Vice President
Dean J. Glover532016Vice Chairman
Steven M. Fludder592016Independent Non-Executive Director
Robert Kennedy Winters512016Independent Non-Executive Director
Kristine S. Moore572018Independent Director
John W. Lawrence--Secretary & General Counsel
Jeffrey R. Wiener362019Vice President-Global Sales
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 24,150,694 24,135,036 99.9% 1,391 0.0% 99.9%
Shareholders
NameEquities%
Anson Funds Management LP 397,117 1.68%
AWM Investment Co., Inc. 211,891 0.90%
Sabby Capital LLC 150,000 0.64%
Kevin Stein 104,278 0.44%
Renaissance Technologies LLC 88,031 0.37%
T. Rowe Price Associates, Inc. (Investment Management) 35,195 0.15%
The Bank of New York Mellon Corp. (Investment Management) 35,113 0.15%
Virtu Financial BD LLC 29,203 0.12%
The Vanguard Group, Inc. 18,163 0.077%
CIM LLC 17,500 0.074%
Connections : Ocean Power Technologies, Inc.