OPTT - Ocean Power Technologies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Ocean Power Technologies, Inc.

28 Engelhard Drive
Suite B
Monroe Township, NJ 08831
United States
609-730-0400
http://www.oceanpowertechnologies.com

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees39

Key Executives

NameTitlePayExercisedYear Born
Mr. George H. Kirby IIIPres, CEO & Director648.38kN/A1970
Mr. Matthew T. ShaferCFO, VP of Fin. & Treasurer335.96kN/A1971
John W. LawrenceGen. Counsel & Sec.N/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, Europe, Australia, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and support services, such as innovation, remote monitoring, extended agreement, customization and pre-packaged payload option, engineering-design-testing, mooring design, and marine services. It offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as oil and gas, defense and security, science and research, and communications. The company focuses on serving public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.

Corporate Governance

Ocean Power Technologies, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.