OPTT
- Ocean Power Technologies, Inc.
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Overview
Company Summary
Ocean Power Technologies, Inc. (OPTT) is a company that specializes in developing and commercializing innovative systems that harness renewable energy from ocean waves. Their primary focus is on the design, manufacture, and deployment of PowerBuoy� systems.
PowerBuoy� is a patented wave energy conversion technology developed by OPTT that uses the rise and fall of ocean waves to generate electricity. These wave energy devices consist of a floating buoy structure, which is moored to the ocean floor, and a power take-off system that converts the mechanical motion of the waves into electricity.
The company's PowerBuoy� systems can be deployed in various applications, including offshore power generation for utility-scale projects, remote power requirements, and ocean observing and data collection. OPTT's technology enables the harnessing of renewable energy from the abundant and untapped resource of ocean waves, providing a clean and sustainable power source.
In addition to their core PowerBuoy� products, OPTT offers an array of comprehensive services, including project management, design and development, system integration, deployment and support, and power off-take solutions. They work closely with customers, project partners, and government agencies to tailor their solutions to specific project requirements.
Overall, Ocean Power Technologies, Inc. is dedicated to harnessing the power of ocean waves to provide clean and reliable energy solutions, helping to reduce dependence on fossil fuels and combat climate change.