Ocean Power Technologies (OPT) company

Ocean Power Technologies (OPT) is a U.S. maritime technology company developing autonomous surface vessels, wave-powered platforms, and intelligent ocean monitoring solutions for defense, offshore energy, research, and maritime security applications.

Ocean Power Technologies (OPT) overview

Ocean Power Technologies (OPT) is a U.S. maritime technology company specializing in intelligent ocean solutions that improve the safety, sustainability and productivity of offshore operations. Founded in 1984, the company develops autonomous maritime platforms, renewable ocean power systems and AI-enabled maritime intelligence solutions for defense and security, offshore energy, science and research, and offshore wind applications.

Since pivoting in 2015 toward remote maritime power and data solutions, OPT has leveraged renewable ocean energy technologies to support persistent, autonomous operations in remote marine environments. Its mission is to deliver intelligent maritime solutions that enable safer and more productive ocean operations while advancing connected ocean infrastructure.

The company’s flagship PowerBuoy® platform generates clean, reliable electrical power by harvesting energy from ocean waves, while simultaneously providing real-time communications and sensor connectivity for remote surface and subsea applications. OPT also develops WAM-V® autonomous surface vessels (ASVs) and provides marine robotics services for a wide range of commercial, scientific and defense missions.

Expanding its intelligent maritime ecosystem, OPT introduced Merrows™, an AI-capable software platform that seamlessly integrates Maritime Domain Awareness (MDA) systems across multiple platforms, enabling enhanced situational awareness and data-driven maritime operations.

Headquartered in Monroe Township, New Jersey, with additional engineering and development facilities in Richmond, California, Ocean Power Technologies continues to advance autonomous maritime technologies through the integration of renewable energy, autonomous systems and artificial intelligence for persistent ocean operations.