Global Wave Dynamics Competitors

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI-capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® unmanned surface vehicles and marine robotics services. The Company’s headquarters is located in Monroe Township, New Jersey and has an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com. OPT reserves the right to moderate comments to maintain compliance with public company disclosure obligations.

ORPC Improves people’s lives and their environment through renewable, sustainable energy solutions. A global leader in marine renewable power system technology and project solutions, we solve the problem of high cost, environmentally risky electricity generation in remote "islanded"​ communities by harnessing the power of ocean and river currents to create clean predictable locally produced renewable energy. Worldwide we are the only company to have built, operated and delivered power to a utility grid from a marine renewable tidal project, and to a local microgrid from a marine renewable river project. ORPC is committed to working with local partners and creating local economic opportunities. We are commercializing our proprietary TidGen® and RivGen® Systems using our patented core technology platform, the turbine generator unit, or TGU. Using our TidGen® Power System, ORPC built and operated the first revenue-generating, grid-connected, non-barrage tidal energy project in the Americas in 2012.

Generating power from ocean Waves. Power that never ends. Waves4Power creates a better future through green energy solutions. Living on this planet and being part of human society comes with responsibilities. Waves4Power improves lives and betters the environment by developing and selling innovative renewable ocean energy systems.