Ocean Power Technologies
Ocean Power Technologies (OPTT) is a pioneering company focused on delivering innovative ocean energy solutions. Based in New Jersey, OPTT specializes in the development and commercialization of its proprietary PowerBuoy technology, which harnesses wave energy to generate clean, renewable electricity. The company primarily operates within the renewable energy sector, targeting markets such as offshore energy generation, ocean monitoring, and remote power applications for various industries including telecommunications, defense, and environmental monitoring.