Philipp Stratmann net worth and biography

Philipp Stratmann Biography and Net Worth

Dr. Philipp Stratmann is Ocean Power Technologies President and Chief Executive Officer, based in OPT’s New Jersey headquarters. Mr. Stratmann joined OPT in December 2019 as Vice President, Global Business Development, bringing with him broad energy industry experience from oil and gas to renewables, both offshore and onshore. Prior to OPT, Philipp was Vice President, Biofuels, for Velocys, which he joined in 2015 as Business Development Director. He previously served as General Manager Global Development and West Africa for InterMoor and has held leadership positions with Acteon Group and Ernst & Young, in addition to experience with VT Group and Shell. Mr. Stratmann is a graduate of the United Kingdom’s University of Southampton, where he received his Engineering Doctorate and his Master of Engineering degree in Ship Science.

What is Philipp Stratmann's net worth?: The estimated net worth of Philipp Stratmann is at least $1.33 million as of September 17th, 2025. Stratmann owns 517,714 shares of Ocean Power Technologies stock worth more than $1,332,078 as of September 14th. This net worth estimate does not reflect any other assets that Stratmann may own. Learn More about Philipp Stratmann's net worth.
How do I contact Philipp Stratmann?: The corporate mailing address for Stratmann and other Ocean Power Technologies executives is 28 ENGELHARD DRIVE SUITE B, MONROE TOWNSHIP NJ, 08831. Ocean Power Technologies can also be reached via phone at (609) 730-0400 and via email at [email protected]. Learn More on Philipp Stratmann's contact information.
Has Philipp Stratmann been buying or selling shares of Ocean Power Technologies?: Philipp Stratmann has not been actively trading shares of Ocean Power Technologies during the past quarter. Most recently, on Wednesday, September 17th, Philipp Stratmann bought 3,989 shares of Ocean Power Technologies stock. The stock was acquired at an average cost of $0.49 per share, with a total value of $1,954.61. Following the completion of the transaction, the chief executive officer now directly owns 517,714 shares of the company's stock, valued at $253,679.86. Learn More on Philipp Stratmann's trading history.
Are insiders buying or selling shares of Ocean Power Technologies?: In the last twelve months, Ocean Power Technologies insiders bought shares 1 times. They purchased a total of 3,989 shares worth more than $1,954.61. The most recent insider tranaction occured on September, 17th when CEO Philipp Stratmann bought 3,989 shares worth more than $1,954.61. Insiders at Ocean Power Technologies own 1.3% of the company. Learn More about insider trades at Ocean Power Technologies.
Information on this page was last updated on 9/17/2025.

Philipp Stratmann Insider Trading History at Ocean Power Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/17/2025	Buy	3,989	$0.49	$1,954.61	517,714
9/15/2023	Buy	12,115	$0.41	$4,967.15	93,807

Philipp Stratmann Buying and Selling Activity at Ocean Power Technologies

Ocean Power Technologies Company Overview

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. The company also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. It serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Today's Range

Now: $2.57

$2.45

$3.23

50 Day Range

MA: $0.19

$0.11

$0.26

2 Week Range

Now: $2.57

$2.45

$21.60

Volume

514,364 shs

Average Volume

277,909 shs

Market Capitalization

$695.07 million

P/E Ratio

N/A

Dividend Yield