← Company intelligence
Robot maker · registered
Ocean Power Technologies
Builds the PowerBuoy autonomous ocean-power platform and WAM-V unmanned surface vehicles (via its Marine Advanced Robotics acquisition) for maritime domain awareness and ocean data. Selected as one of six awardees on a $40M NAVOCEANO IDIQ for long-endurance USV ocean-floor mapping, ordering period Aug 2026 to Jul 2028. Customer base mixes defense, offshore energy and ocean-science buyers, so segment is corporate. Pre-2010 founder with a documented shift to autonomous maritime robotics.
HeadquartersMonroe Township, NJ, US
Founded1984
Corporate fundingNot disclosed
TeamNot listed
Deployments3
Open roles0
01
Company overview
Identity and operating footprint
Company typeRobot maker
Market segmentCorporate
StagePublic (NASDAQ: OPTT)
FoundersCharles F. Dunleavy (Founder)
Regions servedUS, Global
Countries deployedNot listed
Service footprintNot listed
Last reviewed2026-10-13
LinkedInView profile
XNot listed
MX
Robot models
Specifications remain vendor-claimed
Machinemarine
PowerBuoy
- No specifications on file.
Machinemarine
WAM-V USV
- No specifications on file.
DP
Deployment log
Announced and cited only
TL
Company timeline
Milestones and announcements
2026-08-05Selected as awardee on $40M US Navy NAVOCEANO IDIQ for autonomous ocean mapping with WAM-V USVsGlobeNewswire
SC
Source ledger
3 unique public sources
01
Ocean Power Technologies Announces Rutgers PowerBuoy Deployment and Stevens Institute WAM-V OrderQuiver Quantitative (OPT press release) · retrieved 2026-10-13
02Ocean Power Technologies ships first PowerBuoy system under $6.5M DHS contractROI-NJ · retrieved 2026-10-13
03Ocean Power Technologies Selected for Participation in $40 Million U.S. Navy Project for Autonomous Ocean MappingGlobeNewswire