Ocean Power Technologies (OPT) is stepping out of the lab and into the policy arena, using its proven track record in marine energy to shape the future of the sector. The company’s recent testimony before New Jersey lawmakers isn’t just a pitch for support—it’s a strategic move to align innovation with policy, ensuring that cutting-edge marine tech doesn’t just exist but thrives.
OPT’s CEO Philipp Stratmann didn’t mince words: New Jersey has the potential to lead the U.S. marine energy sector, but it needs the right policies to get there. He pointed to OPT’s PowerBuoy® systems and WAM-V® autonomous surface vehicles as proof of what’s possible—delivering clean energy, environmental monitoring, and maritime domain awareness. But the real game-changer? The recent deployment of an AI-capable Merrows™ PowerBuoy® for the Naval Postgraduate School. This isn’t just another buoy—it’s a system integrating AT&T® 5G tech with subsea sensors, providing real-time data for defense, power, and environmental applications.
Stratmann made it clear: New Jersey’s coastline, talent, and industrial base could make it a global hub for marine energy—if lawmakers act. He called for clear test sites, streamlined permitting, and active state advocacy in federal discussions. This isn’t just about energy; it’s about jobs, climate resilience, and national security. OPT isn’t just asking for a handout—it’s offering a roadmap, backed by real-world deployments and a vision for how marine energy can drive broader economic and environmental goals.
The bigger picture here is the intersection of innovation and policy. OPT isn’t waiting for the rules to catch up—it’s helping write them. By bringing its technology to the table, the company is forcing lawmakers to confront the reality of what’s possible. This could set a precedent for how marine energy companies engage with policymakers, not just as suppliers but as strategic partners in shaping the future of the sector.
For New Jersey, the stakes are high. If the state seizes this moment, it could become a proving ground for marine energy, attracting investment and talent. But if it hesitates, it risks falling behind as other regions rush to capitalize on the growing demand for clean, reliable offshore power. OPT’s move isn’t just about one company—it’s about setting the stage for an entire industry. The question now is whether lawmakers are ready to step up and play their part.