Ocean Power Technologies (NASDAQ: OPTT) CEO InterviewOcean Power Technologies (NASDAQ: OPTT) CEO InterviewThis interview has expired. Special deals for our readers Be a more profitable investor: Get an Equifax 3-in-1 Credit Report Now! Why are you still paying too much with Schwab, and and E-trade?? Step up to the #1 discount broker: TradeKing. Invest Smarter! Get 4 Bonus Weeks of Investor’s Business Daily Digital Edition! LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee!Click here to get a 10% discount. Get FICO Score Watch Now! Click here to get access to powerful investing tools only available at Investor’s Business Daily. Get a free look at Jim Cramer’s Action Alerts PLUS portfolio. Click here Ocean Power Technologies Ocean Power Technologies, Inc. is engaged in developing and commercializing systems that generate electricity by harnessing the renewable energy of ocean waves. The Company offers two types of products as part of the line of PowerBuoy systems, including a utility PowerBuoy system and an autonomous PowerBuoy system. The utility PowerBuoy system is capable of supplying electricity to a local or regional electric power grid. The autonomous PowerBuoy system is designed to generate power for use independent of the power grid in remote locations. The PowerBuoy system consists of a floating buoy-like device that is loosely moored to the seabed so that it can freely move up and down in response to the rising and falling of the waves, as well as a power take off device, an electrical generator, a power electronics system and control system, all of which are sealed in the unit. Leave a Reply |
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