Ocean Power Technologies, Inc. · AMEX:OPTT
Ocean Power Technologies — Corporate Update (April 2018)
20 slides from Ocean Power Technologies's corporate update, Apr 13, 2018
Slide 1: OPT Commercialization Update
OPT Commercialization Update
Slide 2: Forward Looking Statements
Forward Looking Statements In addition to historical information, this presentation contains forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "m
Slide 3: The Offshore Environment: Subsea Data Intensive Networks
The Offshore Environment Subsea Data Intensive Networks
Slide 4: Application #1: Subsea Charging
Application #1: Subsea Charging
Slide 5: E-ROV (electric remotely operated vehicle)
E-ROV (electric remotely operated vehicle)
Slide 6: AUV Docking Station
AUV (Autonomous Underwater Vehicle) Docking Station
Slide 7: Subsea Batteries
Subsea Batteries ‘iwi edaseoeideenccons
Slide 8: Application #2: Surveillance and Monitoring
(@?) Monitoring threats under the water (Credit: nongsberg Offshore Survelance systems Website Application #2 Surveillance and Monitoring
Slide 9: Offshore Oil and Gas Field Decommissioning Market
Offshore Oil and Gas Field Decommissioning Market (Well Plug & Abandonment) 1,357 installations across the OSPAR maritime area, operators are decommissioning ageing assets through 2025 £17 billion between 2017 and 2025 et. ‘Credit: Decommissioning insight ~ Facts & Figures, November 2017, oiiGas
Slide 10: Problem: Boat and Crew Day Rates are Expensive
Problem: Boat and Crew Day Rates are Expensive Boat and crew guarding sites during decommissioning of oil platforms and subsea equipment can be $5,000/day over months and years. Safety and cost cause offshore operators to seek the use of unmanned systems. Current “guard boats” may only have surface
Slide 11: Solution: PB3 Surveillance Buoys
Application #2: Surveillance and Monitoring Credit: Times-Picayune archive Solution: PB3 Surveillance Buoys PB3 with installed surveillance equipment acts as an unmanned station on site, allowing operators to monitor boat traffic above and operations below from the safety of land ata savings of 35%
Slide 12: Replacing Guard Boats With PowerBuoys
Replacing Guard Boats With PowerBuoys 'SABIK Marine Typical “Surveillance Buoy” Payloads + Infrared camera + Passive acoustic monitor + High frequency radar + AIS transponder + Fog horn 4G/Wifi communications Satellite communications Well head sensors Sea floor equipment condition monitoring Meteoro
Slide 13: Anchorless PowerBuoy
Anchorless PowerBuoy™ Inertia-based wave energy harvesting technology Hybrid energy sources for high availability = Wave = Diesel = Battery = Solar (optional) Hermetically sealed Anchorless Steerable electric thrusters Multiple concepts of operation = Ship-based launch/operate/ recover = Self-propel
Slide 14: Application #3: Offshore Connectivity
Application #3: Offshore Connectivity
Slide 15: Problem: Satellite Communication is Expensive
Problem: Satellite Communication is Expensive * Satellite communication spend for offshore oil and gas projected to reach $460 million per year by 2020 ($3.1 billion per year for global maritime) !. * Use of lower-cost 4G connectivity via offshore fiber is increasing, however coverage gaps exist and
Slide 16: Solution: PB3 CellBuoys
n: PB3 CellBuoys® PB3 with installed mast and 4G equipment provides stable platform and persistent power. CellBuoy” acts as a repeater station to improve existing coverage, or base-station application to extend coverage where infrastructure may not yet exist. Revenue potential is based on single or
Slide 17: Eni S.p.A. Contract
Eni S.p.A. Contract Objective: Offshore O&G subsea battery charging leading to: = Charging of underwater unmanned vehicles; = well monitoring; = decommissioning applications * Initial lease: 1 % year term, with option to extend by 1 % years * Option to purchase the PowerBuoy™ after first lease perio
Slide 18: Sales and Lease Pipeline Management
Sales and Lease Pipeline Management * Currently in various stages of discussion with operators and service providers concerning: = Subsea charging: Unmanned underwater vehicles, remotely operated vehicles, subsea batteries = Monitoring and surveillance: well heads, pipelines, surface traffic = 4G co
Slide 19: OPT Investment Thesis
OPT Investment Thesis * Innovative commercial product * Strong intellectual property portfolio * Total addressable market: $8.5B ¢ Attractive end markets: oil & gas, ocean observing, defense & security, communications * Experienced and disciplined management
Slide 20: Thank You
Thank You Ocean Power Technologies Steve Calk & Jackie Marcus www.oceantechnologies.com Investor Relations (609) 730-0400 OPTT@alpha-ir.com (312) 445-2870
Ocean Power Technologies — Corporate Update (April 2018) on 6ix