Ocean Power Technologies Inc OPTT

Utilities Utilities - Independent Power Producers

Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.

NYSEAM:OPTT - Post by User

Ocean Power Technologies Inc

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Post by worldeyeon Apr 04, 2019 11:17am

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Post# 29582043

you have to be brave to ride this wave

If you are a good trader and fast in and out..? Then go for it. Ocean power tech is very very expensive to build and maintain. The cost of re-fit makes it very close to non profitiable. It is just one of those dream stocks, the political and enviormental groups like to hang their hats on to promote a message......proceed with a discreet eye

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