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OPT Acquires Marine Advanced Robotics

OPT Acquires Marine Advanced Robotics

Ocean Power Technologies is growing! OPT announced today the acquisition of Marine Advanced Robotics, Inc. (MAR), a San Francisco Bay Area -based developer and manufacturer of autonomous surface vehicles (ASVs). This acquisition immediately provides OPT with an...

OPT’s Stratmann Speaks to ‘Fortune’ About Wave Energy

OPT’s Stratmann Speaks to ‘Fortune’ About Wave Energy

“Working offshore is notoriously difficult and exceptionally dangerous,” OPT President and CEO Philipp Stratmann tells Fortune. “The barriers to entry for maritime technology are just so much higher [than onshore technology].” Stratmann is quoted in Fortune’s latest...

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