Ocean Power Technologies Inc
Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.
Stock Performance Snapshot
Analyst Rating
Analysts highly recommend buying Ocean Power Technologies stock, indicating strong future growth expectations.
Financial Health
Ocean Power Technologies is generating low revenue and cash flow, indicating financial challenges ahead.
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Baskets Featuring OPTT
Blue-Carbon & Ocean Health
Dive into a carefully selected group of stocks that are leading the blue economy revolution. These companies were hand-selected by our expert analysts for their innovative approaches to ocean sustainability, from advanced aquaculture to ecosystem restoration and marine technology.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Wave energy tech
PowerBuoy systems aim to convert ocean waves into electricity, offering a novel route into offshore renewables, though deployments can be slow and costly.
Decarbonisation angle
The company aligns with demand for clean energy and offshore solutions, but large-scale adoption depends on policy support and market demand.
Execution & funding
Commercial progress depends on successful pilots, partnerships and access to capital; investors should anticipate operational and financing risks.
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