Test Pioneers in ocean-energy technology
OPTs’ sustainable power generation and data capabilities with low- and no-carbon solutions allow for smarter and faster actionable insights as ocean operations become increasingly digitized.
Our Vision
Connecting our oceans with those who operate there.
Our Mission
OPT provides intelligent maritime solutions and services that enable safer and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets.
Energizing Ocean Intelligence™
Founded in 1984 and headquartered in Monroe Township, New Jersey, OPT initially focused on the research and development of large systems meant to harness the power of the ocean to supply power to mainland electrical grids.
The PowerBuoy® wave energy converter (WEC) was borne of these efforts and evolved over years of trials and periodic ocean testing since 1997.
In 2015, OPT pivoted to commercializing a PowerBuoy® to provide autonomous, zero-carbon power and data solutions for the increasing electrical needs of offshore industries, scientific research, and territorial security, among other applications. These critical missions require consistent power, 24/7 full-scale data capabilities, and real-time communications.
The OPT PB3 PowerBuoy® became the company’s first fully commercial product, generating electricity by harnessing the renewable energy of ocean waves. OPT has also introduced the hybrid PowerBuoy® and Subsea Battery, which leverage our existing expertise in offshore power systems to expand our product line and diversify OPT’s solutions.
In 2021, OPT acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. This team forms the core of our Strategic Consulting Services and provides offshore engineering services support oil and gas, offshore wind, and other industries, from early-stage innovation to detailed structural analysis.
Also in 2021, OPT acquired Marine Advanced Robotics, a San Francisco Bay Area -based developer and manufacturer of autonomous surface vehicles (ASVs). The wholly owned company offers three models of highly maneuverable and stable ASVs using Wave Adaptive Modular Vessel (WAM-V®) technology — the ultra-portable 8-foot WAM-V 8, the WAM-V 16, and the more powerful WAM-V 22. — and marine robotics services.
For more information about OPT, visit the Investor Relations page to read our latest Annual Report.
In 2021, OPT acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. This team forms the core of our Strategic Consulting Services and provides offshore engineering services support oil and gas, offshore wind, and other industries, from early-stage innovation to detailed structural analysis.
Also in 2021, OPT acquired Marine Advanced Robotics, a San Francisco Bay Area -based developer and manufacturer of autonomous surface vehicles (ASVs). The wholly owned company offers three models of highly maneuverable and stable ASVs using Wave Adaptive Modular Vessel (WAM-V®) technology — the ultra-portable 8-foot WAM-V 8, the WAM-V 16, and the more powerful WAM-V 22. — and marine robotics services.
For more information about OPT, visit the Investor Relations portal to read our latest Annual Report.
Our Core Values
Safety
Safety is our highest priority. Always.
Respect
We foster a culture of inclusion, embrace diversity, and seek to listen, without judgment, to all voices and opinions.
Performance
With an emphasis on execution and quality, we deliver results.
Innovation
We are pioneers. We ask the unreasonable questions, embrace curiosity, and encourage creativity. We welcome change.
Commitment
We have integrity. We honor our commitments, take ownership for our actions, and stand behind our words. We own our successes as well as our failures.
Impact
We make a difference. Through our ocean energy products and solutions, we can create a better, safer, and more sustainable environment for future generations.
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