Search results for: Charles F. Dunleavy

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  • 11 June 2014
    Business & Finance, Project & Tenders

    Ocean Power Technologies, Inc. has announced that it has terminated Charles F. Dunleavy as Chief Executive Officer and as an employee of the Company, effective June 9, 2014. Dunleavy has also been removed from his position as Chairman of the Board of Directors. David L. Keller, who has served as a Non-Executive Director of the […]

  • 8 November 2012
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the appointment of Dr. Mike M. Mekhiche to the position of Vice President, Engineering. Dr. Mekhiche joins OPT from BAE Systems, where he most recently held the position of Director of Programs. Reporting to Charles F. Dunleavy, OPT’s Chief Executive Officer, Dr. […]

  • 11 June 2014
    Business & Finance

    Ocean Power Technologies, Inc. (OPT)  has terminated Charles F. Dunleavy as Chief Executive Officer and as an employee of the Company, effective June 9, 2014. Mr.Dunleavy has also been removed from his position as Chairman of the Board of Directors. David L. Keller, who has served as a Non-Executive Director of the company since October […]

  • 6 September 2011
    Business & Finance

      Ocean Power Technologies, Inc.  a leading wave energy technology company, announces that it will be participating in the Rodman & Renshaw Annual Global Investment Conference on September 12, 2011. The conference will take place at the Waldorf Astoria Hotel in New York City. Charles F. Dunleavy, Chief Executive Officer of OPT, is scheduled to […]

  • 30 April 2014
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), today elected Eileen M. Competti to the Company’s Board of Directors. In addition, the Company announced the retirement of Dr. George W. Taylor from the Board of Directors. Ms. Competti is currently Vice President, Global Competitiveness for The Babcock & Wilcox Company (BWC). She has more than 25 years’ experience […]

  • 6 September 2011

    Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, announces that it will be participating in the Rodman & Renshaw Annual Global Investment Conference on September 12, 2011. The conference will take place at the Waldorf Astoria Hotel in New York City. Charles F. Dunleavy, Chief Executive Officer of OPT, […]

  • 1 May 2014
    Business & Finance

    Ocean Power Technologies, Inc. announced the election of Eileen M. Competti to the Company’s Board of Directors. In addition, the Company announced the retirement of Dr. George W. Taylor from the Board of Directors. Ms. Competti is currently Vice President, Global Competitiveness for The Babcock & Wilcox Company (BWC), a leader in clean energy technology […]

  • 23 October 2013
    Business & Finance

    Ocean Power Technologies, Inc., a leading wave energy technology company, today announced that David L. Keller was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 3, 2013. In addition, David L. Davis and Bruce A. Peacock retired from the Board of Directors effective with the […]

  • 9 September 2013
    Business & Finance, Operations & Maintenance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced that it has won a $1.0 million funding award from the U.S. Department of Energy (“DOE”) to enhance the commercial viability of its PowerBuoy® wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award the […]

  • 23 October 2013

    Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, today announced that David L. Keller was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 3, 2013. In addition, David L. Davis and Bruce A. Peacock retired from the Board of […]

  • 10 June 2013
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, has announced that it has engaged consultant Kevin Watkins to serve as its Pacific Northwest Representative. OPT is planning for deployment of a Mark 3 PowerBuoy® wave energy conversion system off the coast of Oregon, and Mr. Watkins will provide support to this process […]

  • 12 February 2014
    Business & Finance, Technology

    Lockheed Martin announced yesterday that it has signed a contract with Victorian Wave Partners Ltd. for the development of a 62.5MW peak power wave energy project off the coast of Victoria, Australia. The project will feature the PowerBuoy® wave energy converter technology developed by Ocean Power Technologies (OPT). The project is scheduled to be built […]

  • 12 February 2014
    Business & Finance, Technology

    Lockheed Martin announced yesterday that it has signed a contract with Victorian Wave Partners Ltd. for the development of a 62.5MW peak power wave energy project off the coast of Victoria, Australia. The project will feature the PowerBuoy® wave energy converter technology developed by Ocean Power Technologies (OPT). The project is scheduled to be built […]

  • 9 September 2013
    Authorities & Government, Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced that it has won a $1.0 million funding award from the U.S. Department of Energy (“DOE”) to enhance the commercial viability of its PowerBuoy® wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award the […]

  • 5 October 2012
    Business & Finance

    Ocean Power Technologies, Inc.(OPT), a leading wave energy technology company, today announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 4, 2012. In addition, Thomas J. Meaney retired from the Board of Directors effective with the Annual Meeting. Terence Cryan […]

  • 2 April 2014
    Business & Finance

    Victorian Wave Partners Pty. Ltd. (“VWP”), received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT.  The funding received represents the first payment under the A$66.5 million grant that was […]

  • 5 October 2012
    Business & Finance

    Ocean Power Technologies, Inc., a leading wave energy technology company, announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 4, 2012. In addition, Thomas J. Meaney retired from the Board of Directors effective with the Annual Meeting. Terence Cryan is […]

  • 10 June 2013
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, has announced that it has engaged consultant Kevin Watkins to serve as its Pacific Northwest Representative. OPT is planning for deployment of a Mark 3 PowerBuoy® wave energy conversion system off the coast of Oregon, and Mr. Watkins will provide support to this process […]

  • 10 June 2013
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, has announced that it has engaged consultant Kevin Watkins to serve as its Pacific Northwest Representative. OPT is planning for deployment of a Mark 3 PowerBuoy® wave energy conversion system off the coast of Oregon, and Mr. Watkins will provide support to this process […]

  • 9 September 2013
    Authorities & Government, Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced that it has won a $1.0 million funding award from the U.S. Department of Energy (“DOE”) to enhance the commercial viability of its PowerBuoy® wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award the […]

  • 18 June 2014
    Business & Finance

    Glancy Binkow & Goldberg LLP, representing investors of Ocean Power Technologies, Inc., has filed a class action lawsuit in the United States District Court for the District of New Jersey on behalf of a class comprising all purchasers of Ocean Power Technologies securities between January 14, 2014 and June 9, 2014, inclusive. Ocean Power Technologies […]

  • 29 June 2011
    Business & Finance

    Ocean Power Technologies, Inc.  (“OPT” or the “Company”) today announced that it will release fiscal fourth quarter and full year 2011 financial results before the market opens on Thursday, July 14, 2011. A conference call to review these results will be held at 10:00 a.m. Eastern Time that day (3:00 p.m. British Summer Time). Charles […]