George H. Kirby President & CEO Ocean Power Technologies, Inc. With a global COVID-19 pandemic now upon us, and consistent with the directives of our federal, state and local government officials, our priority remains the health, safety and well-being of our employees, partners, and customers, as well as their families and communities located around the world. About Ocean Power TechnologiesHeadquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions. The company's primary product is the PowerBuoy wave generation system. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. The USP can likewise be configured to supply onshore power to offshore devices. MONROE TOWNSHIP, N.J., Aug 26, 2020 (GLOBE NEWSWIRE via COMTEX) -- About Ocean Power Technologies Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean … Our ability to use mobile devices, digital collaboration tools, and secure VPN access to our servers allows our business and project support teams to seamlessly transition to a remote working environment. Mr. Prakoso holds a Master of Environmental Science and Management degree from the University of Rhode Island as well as a Bachelor of Science degree in Fisheries from Bogor Agricultural University in Indonesia. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Privacy Notice and The addition of an Asia-Pacific Representative builds on the Company's existing business relationship with Taiwan-based satellite data solutions provider BAP Precision, Inc. to pursue joint surveillance solutions for government agencies announced earlier this year. At OPT, we are following public health directives while continuing to support our customers that face similar circumstances worldwide. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release. These forward-looking statements reflect the Company's current expectations about its future plans and performance. … I am proud of our colleagues around the world, and I remain optimistic for the future of our company. "[1], Ocean Power Technologies Australasia Pty Ltd, OPTA is an Australian-owned subsidiary of Ocean Power Technologies Inc (OPT), previously engaged in wave power projects in Australia. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from Wave Power can be supplied to the grid via submarine cables. You can also contact MarketWatch Customer Service via our Customer Center. Mr. Prakoso was most recently Senior Officer at Directorate General of Capture Fisheries with the Ministry of Marine Affairs and Fisheries for the Republic of Indonesia. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the SEC for a further discussion of these risks and uncertainties. We support and appreciate the unprecedented efforts of everyone working for the safety and well-being of our families to secure a healthy future for all. Business data for Ocean Power Technologies Inc.: This page was last edited on 30 July 2020, at 07:56. Our dedicated production staff is keeping our project builds on track by staggering their shifts to maximize social distancing in a sanitized workspace.
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