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OPTT – Ocean Power Technologies Inc

Not Compliant

The company is not compliant as it fails the financial ratios.

Ocean Power Technologies, Inc. is engaged in providing ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness (MDA) products and consulting services. The Company’s solutions focus on three services areas, Data as a Service, which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy Product lines; Power as a Service, which includes its PowerBuoy and Subsea battery products, and its Strategic Consulting Services. Its Maritime Domain Awareness Solution (MDAS) base hardware consists of a high-definition radar, a stabilized high-definition optical and thermal imaging camera, and a vessel automatic identification system (AIS) detection module. Its PowerBuoy (PB3) uses technologies that convert the kinetic energy created by the motion of ocean waves into electricity. The hybrid PowerBuoy (hybrid PB) is an alternative platform to the PB3 capable of utilizing solar and wind power.


Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC170.25

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