Ocean Power Technologies, Inc. (NASDAQ:OPTT) Files An 8-K Financial Statements and Exhibits
Item 9.01Financial Statements and Exhibits.
Exhibit Number |
Description | ||
3.1 |
Certificate of Amendment to Certificate of Incorporation of the Company, filed with the Secretary of State of the State of Delaware on October 21, 2016 (incorporated by reference to Exhibit 3.1 to the Companys Current Report on Form 8-K filed on October 21, 2016). |
||
3.2 |
Amended and Restated Bylaws of the registrant (incorporated |
About Ocean Power Technologies, Inc. (NASDAQ:OPTT)
Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company’s PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves. Ocean Power Technologies, Inc. (NASDAQ:OPTT) Recent Trading Information
Ocean Power Technologies, Inc. (NASDAQ:OPTT) closed its last trading session down -0.02 at 1.81 with 74,319 shares trading hands.