Ocean Power Technologies, Inc. (FRA:RUOC)
Germany flag Germany · Delayed Price · Currency is EUR
0.3545
+0.0165 (4.88%)
At close: Dec 4, 2025

Ocean Power Technologies Company Description

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia.

Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS).

The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets.

It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements.

The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Ocean Power Technologies, Inc.
Country United States
Founded 1984
Industry Power, Distribution, and Specialty Transformers
Employees 53
CEO Philipp Stratmann

Contact Details

Address:
28 Engelhard Drive
Monroe Township, Delaware 08831
United States
Phone 609 730 0400
Website oceanpowertechnologies.com

Stock Details

Ticker Symbol RUOC
Exchange Frankfurt Stock Exchange
Stock Type Common Stock
Fiscal Year May - April
Reporting Currency USD
SIC Code 3612

Key Executives

Name Position
Philipp Stratmann Chief Executive Officer
Robert Powers Chief Financial Officer