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Fireside Chat: Ocean Power Technologies, Inc. (NYSEAMERICAN: OPTT) President and CEO Philipp Stratmann
On Thursday, January 26, 2023, at 2:00 pm ET, we will host Ocean Power Technologies President and CEO Philipp Stratmann for a fireside chat. Topics will include:

• Elaborating on the company’s recent demonstrations for autonomous systems to support broader ocean “drones” efforts.
• Applications to provide quiet and zero emission systems to safeguard ocean resources.
• How OPT’s solutions are used to monitor illegal fishing activities.
• The safeguarding of port and terminal facilities.

00:26:00

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About Ocean Power Technologies
OPT offers products and consulting services for ocean data collection and reporting, maritime power, offshore communications, and MDA. Its PB3 system generates clean electricity independent of the grid in offshore sites. OPT offers WAM-V technology, which enables roaming capabilities for uncrewed maritime systems in waters. The company also provides subsea battery systems, strategic consulting services, software, controls, sensors, and marine installation services. From 1994 until 2015, OPT’s business focused on delivering grid-connected wave power. After that, the company shifted its emphasis to autonomous power that is not connected to the grid. The company asserts that its products emit no carbon during operation, pose no substantial danger to marine life, and produce no contaminants; as a result, its environmental impact is minimal.

OPT has delivered products and services to a wide array of customers, including those in government and military, offshore energy, oil & gas, construction, wind power, and other industries in need of offshore power solutions. OPT indirectly contributes to the transition toward clean energy. As a result, the DOE chose the company to develop the next generation of wave energy conversion systems. The company was incorporated in 1984, began commercial operations in 1994, and is headquartered in Monroe Township, New Jersey.

About WTR
Water Tower Research is a shareholder communication and engagement platform powered by senior industry experts with significant Wall Street experience. We create, deliver, and maintain the information flow required to build and preserve relationships with every stakeholder and potential investor. Our foundation is built on Wall Street veterans using open digital distribution strategies that are accessible by everyone. “Research for the Other 99%™” opens the door to reach a much broader and diverse set of investors while helping to strengthen overall communications, transparency, and engagement.

Speakers

Philipp Stratmann
President and Chief Executive Officer @Ocean Power Technologies, Inc.
Shawn Severson
President & Co-Founder @Water Tower Research LLC