OPT grabs US wave energy patent

Ocean Power Technologies (OPT) has received a new US patent for a method of controlling wave power generation ...

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OPT appoints global business development lead

Wave energy company Ocean Power Technologies (OPT) has named Matthew May as the company’s Vice President for Global ...

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SEC sees no need for enforcement action against OPT

Wave energy company Ocean Power Technologies (OPT) has come step closer to resolving legacy issues with the ...

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Wave energy device to power Eni’s oil & gas ops

Ocean Power Technologies (OPT) has signed an agreement with one of the world’s largest multinational oil and gas ...

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OPT closer to lawsuit settlement with Australian gov entity

Ocean Power Technologies (OPT) has informed of a progress made in resolving a consolidated derivative lawsuit ...

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OPT cuts third-quarter loss. Reports no revenue

US-based wave energy developer Ocean Power Technologies (OPT) has reported a decrease in net loss of 19% in the ...

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OPT widens second-quarter loss

Ocean Power Technologies (OPT) has booked a net loss for the second quarter of fiscal year 2018 which is 62% wider ...

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OPT cuts first quarter losses

Ocean Power Technologies (OPT) has reported a decrease in net loss of 29% for the first quarter of fiscal year ...

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OPT partners up with Sonalysts to take on new markets

New Jersey-based wave energy developer, Ocean Power Technologies (OPT), has teamed up with Sonalysts to explore and ...

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OPT rebrands its PowerBuoy® systems

Ocean Power Technologies, Inc. (OPT) is rebranding its PowerBuoy systems.  Mike M. Mekhiche, OPT’s Vice ...

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OPT shrinks loss in Q3

US-based wave energy developer, Ocean Power Technologies (OPT), has reported a slight decrease in net loss for the ...

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OPT to lease PowerBuoy to Mitsui

Ocean Power Technologies (OPT) has entered into a letter of intent with Mitsui Engineering and Shipbuilding (MES) ...

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OPT, NDBC team up for monitoring demo

Ocean Power Technologies (OPT) has partnered up with the National Data Buoy Center (NDBC) to conduct ocean ...

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OPT bags $1.7 million

Ocean Power Technologies (OPT) has received approximately $1.7 million through New Jersey’s Business Tax ...

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OPT loss narrows in Q2

Ocean Power Technologies (OPT), a New Jersey-based wave energy developer, has reported a decrease in net loss for ...

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OPT redeploys PowerBuoy

Ocean Power Technologies (OPT) has redeployed the repaired APB350 A1 PowerBuoy following the damage caused by the ...

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OPT deploys PB40 PowerBuoy off New Jersey

Ocean Power Technologies (OPT) has deployed its PB40 PowerBuoy off the coast of New Jersey – the company’s ...

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OPT’s net loss widens as costs grow

Ocean Power Technologies (OPT) has reported an increase in net loss of $2 mln for the fiscal year ended April 30, ...

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OPT appoints new Director

Ocean Power Technologies (OPT) has appointed Robert Burger to the company’s Board of Directors. Rober Burger ...

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OPT power take-off contract with US DOE moves forward

Ocean Power Technologies (OPT) has completed a stage gate review with the Department of Energy (DoE) related to its ...

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OPT reports net loss of USD 9.9 mln

Ocean Power Technologies has announced results for the nine months period, ended with January 31, 2015. The net ...

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