Is there finally a hope of a commercial future for OPT’s buoys

Predictably down-beat results from Ocean Power Technology (OPT) for the first quarter fiscal 2019 nonetheless contain encouraging reports of several new contracts. OPT is an American wave energy company which started commercial operations in 1994. It   was once quoted on London’s |AIM, but is now listed on Nasdaq. It says it aims to change the [...]

By |2018-10-09T13:45:50+00:00October 9th, 2018|Ocean Power Technologies|Comments Off on Is there finally a hope of a commercial future for OPT’s buoys

Ocean Power Technologies report on the first half year of fiscal 2018 fails to shine.

Just over a year ago we wrote about the financial  results for the first half of fiscal 2017 for  Ocean Power Technologies(OPT), the American wave energy company which started commercial operations in 1994. On 12 December 2016 we reported that for the six months ending on 31 October 2016 revenue was down, the net loss [...]

By |2018-02-01T11:24:10+00:00January 31st, 2018|Ocean Power Technologies|Comments Off on Ocean Power Technologies report on the first half year of fiscal 2018 fails to shine.

Predictable Ocean Power Technologies report on the half-year to 31 October 2016

Ocean Power Technologies(OPT), the American wave energy company which started commercial operations in 1994, reported today on the six months ending on  October 31 2016. Revenue was US $ 0.4million (US $ 0.6 m for the six months ending 31 Oct.2015). Net loss for the period was US $ 4.8m (2015a loss of US $ [...]

By |2017-08-05T17:37:28+00:00December 12th, 2016|Ocean Power Technologies, Tidal & Wave|Comments Off on Predictable Ocean Power Technologies report on the half-year to 31 October 2016
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