Wave power for oil and gas ops demo starts in the Adriatic

Ocean Power Technologies’ (OPT) PowerBuoy has been deployed in the Adriatic Sea by oil and gas company Eni in a ...

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OPT widens losses as PowerBuoy gears up for customers

US-based ocean energy solutions provider Ocean Power Technologies (OPT) has recorded 50% increase in net loss for ...

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OPT expands industry reach with new products

Ocean energy solutions provider Ocean Power Technologies has expanded its suite of products to include subsea ...

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American ocean energy company catches red wave

New Jersey-based wave power company Ocean Power Technologies (OPT) has started the fiscal first quarter of 2019 ...

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OPT adds new board director

US-based wave energy company Ocean Power Technologies (OPT) has elected Kristine Moore as the newest member of its ...

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American wave-powered buoy reaches the Adriatic

US-based Ocean Power Technologies (OPT) has shipped its PB3 PowerBuoy to Italy for the upcoming deployment for oil ...

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OPT forms $10M common stock purchase partnership

American wave energy company Ocean Power Technologies (OPT) has entered into $10 million common stock purchase ...

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Red colors OPT’s year-end financials

Wave energy developer based in the USA - Ocean Power Technologies (OPT) – has reported 7% higher net loss for the ...

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OPT and Premier Oil ink deal for lead-in PowerBuoy o&g lease

Ocean Power Technologies (OPT) has signed a contract with Premier Oil to supply its wave-harnessing PowerBuoy for ...

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OPT calls attention to anchorless PowerBuoy

Ocean Power Technologies (OPT) will be discussing its anchorless PowerBuoy solution at the Navy Forum next week in ...

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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, Premier Oil to probe wave technology for decom ops

Ocean Power Technologies (OPT) has signed an agreement with oil and gas company Premier Oil to study the ...

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OPT appoints Vice President of Engineering

US-based wave energy developer Ocean Power Technologies (OPT) has named Christopher Phebus as its new Vice ...

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OPT finds larger manufacturing base

Wave energy company Ocean Power Technologies (OPT) has completed the relocation of its corporate headquarters and ...

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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 secures over $7M wave cash

Ocean Power Technologies (OPT) has closed public common stock share sale raising a multi-million funding prize.

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American wave targets $8M stock prize

Ocean Power Technologies (OPT) has launched a public common stock share sale to gather funds for further wave ...

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OPT plans common stock offering

US-based wave energy developer Ocean Power Technologies (OPT) has unveiled plans to offer shares of its common ...

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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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