Ocean Power Technologies (OPT) is a pioneer in ocean energy and autonomous maritime systems, founded in 1984 with a mission to connect our oceans with those who operate there. The company provides intelligent maritime solutions that enable safer, cleaner, and more productive ocean operations for defense and security, offshore energy, science and research markets. OPT's flagship PowerBuoy® platforms harness renewable energy from ocean waves to provide continuous, carbon-free power for remote maritime and subsea applications, supporting everything from subsea sensors to autonomous vehicle residency.
Beyond wave energy conversion, OPT has evolved into a comprehensive maritime technology provider. Their WAM-V® (Wave Adaptive Modular Vessel) autonomous surface vehicles feature a unique articulating suspension system that delivers unmatched stability in harsh ocean conditions, while Merrows™ provides AI-capable maritime domain awareness that fuses data from radar, AIS, and cameras into actionable intelligence. Headquartered in Monroe Township, New Jersey with an additional office in Richmond, California, OPT leverages over a decade of successful offshore deployments and a robust global patent portfolio to deliver field-proven solutions for the world's most demanding ocean environments, serving customers across defense, offshore wind, oil and gas, and scientific research sectors worldwide.
