Headquartered in Monroe Township, NJ Fiscal year ends April AMEX: OPTT oceanpowertechnologies.com
Ocean Power Technologies, Inc. (NYSE American: OPTT) provides intelligent maritime solutions and services for defense and security, oil and gas, science and research, and offshore wind markets. The company operates across three core product areas: PowerBuoy platforms that deliver clean electric power and real-time data communications for remote maritime and subsea applications; WAM-V autonomous surface vessels (ASVs) for marine robotics services; and Merrows, an AI-capable platform for seamless integration of Maritime Domain Awareness Systems. The company serves customers requiring autonomous ocean monitoring, data collection, and maritime surveillance capabilities. OPT is a pre-profitability company that has received a going concern qualification from its auditor and is funding operations through a combination of convertible debt and equity issuances. Updated
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Ocean Power Technologies, Inc. (NYSE American: OPTT) provides intelligent maritime solutions and services for defense and security, oil and gas, science and research, and offshore wind markets.
The Wall Street consensus 12-month price target for OPTT is $45.00.
