Wavepiston 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.

Makai Ocean Engineering was founded in 1973 as a diversified ocean engineering company focused on providing design engineering and development services to a broad range of clientele both foreign and domestic. Practice areas include engineering for ocean based renewable energy (OTEC and SWAC), large underwater pipelines, software for planning, simulation, installation and recovery of submarine cables and arrays, and software for visualizing scientific 4D/5D data. Makai Ocean Engineering takes pride in its extensive record of success in achieving innovative solutions to difficult problems for its partners and clients and continues to serve leading industrial and commercial firms as well as federal, state and local governments worldwide.

Eco Wave Power (Nasdaq Stock Symbol: WAVE) is an advanced and innovative international wave power developer, headquartered in Israel. The company was established after a period of conceptualizing and planning for a new and competitive wave energy technology. Eco Wave Power is the only wave energy company to ever win the Frost & Sullivan Product Innovation Award. According to Frost & Sullivan, “Eco Wave Power efficiently handles the prominent challenges prevailing in the field and offers an all-round solution for effective energy harvesting. Based on the aforementioned performance drivers as measured through Frost & Sullivan independent analysis, Eco Wave Power is the recipient of the 2012 Frost & Sullivan New Product Innovation Award” The company has developed proprietary technology for extracting energy from ocean and sea waves and converting it into electricity. Such technology enables to deliver effective, sustainable, practical, feasible and affordable wave energy solutions, which are responsive to the needs of local communities, cities, and countries globally wide. Due to our awareness to the oscillating need of renewable energy sources, Eco Wave Power is currently focused on developing and commercializing its 100% owned patents, which are capable of producing large amounts of affordable, zero-emission renewable power. The Eco Wave Power wave energy converter is a simple and inexpensive technology to harvest wave energy from high and low waves. It is designed to be simple and robust while offering technical advantages over competing systems. Our system is being developed to produce electricity for cheaper price than traditional energy generation methods such as: coal, oil and gas as well as renewable energy generation methods such as wind and Solar. This will be achieved by using low cost materials, low maintenance price and periods and long life expectancies.