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Ocean Power Technologies, Inc.
(London Stock Exchange, The : OPTT)

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Company Profile

Ocean Power Technologies, Inc. is a renewable wave-energy technology company, which converts ocean wave energy into electricity. Its products include PowerBuoy. The PowerBuoy system integrates patented technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. Ocean Power was founded by George W. Taylor on April 19, 1984 and is headquartered in Pennington, NJ.