About Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation is a company based in Lancaster (United States) founded in 1988.. Ocean Thermal Energy Corporation offers products and services including OTEC Systems, SWAC/LSC Systems, and Floating Energy Platforms. Ocean Thermal Energy Corporation operates in a competitive market with competitors including Seatrec, Global OTEC, Ocean Grazer, Makai Ocean Engineering and Bluerise, among others.
- Headquarter Lancaster, United States
- Stage Public
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ocean Thermal Energy Corp.
-
Annual Revenue
$00as on Dec 31, 2024
-
Net Profit
$-1.19 M87.21as on Dec 31, 2024
-
EBITDA
$-1.58 M-5.09as on Dec 31, 2024
-
Latest Funding Round
$480 K (USD), Post-IPO
Jan 08, 2018
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation is a publicly listed company on the OTC with ticker symbol CPWR in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation offers a comprehensive portfolio of products and services, including OTEC Systems, SWAC/LSC Systems, and Floating Energy Platforms. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts ocean thermal energy into electricity and fresh water for resilient power.
Provides seawater air conditioning for energy-efficient cooling in coastal areas.
Delivers uninterrupted power and water for military and remote locations worldwide.
Funding Insights of Ocean Thermal Energy Corporation
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $480,000
-
First Round
First Round
(30 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Post-IPO - Ocean Thermal Energy Corporation | Valuation |
investors |
|
| Jan, 2018 | Amount | Post-IPO - Ocean Thermal Energy Corporation | Valuation |
investors |
|
| May, 2014 | Amount | Post-IPO - Ocean Thermal Energy Corporation | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include United States Department of Agriculture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ocean Thermal Energy Corporation
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ocean Thermal Energy Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ocean Thermal Energy Corporation Comparisons
Competitors of Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seatrec, Global OTEC, Ocean Grazer, Makai Ocean Engineering and Bluerise, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy is harvested from ocean temperature gradients using phase-change materials.
|
|
| domain | founded_year | HQ Location |
Ocean thermal energy conversion solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Inshore platform with multi-pump and piston, power takes to generate energy
|
|
| domain | founded_year | HQ Location |
Ocean engineering services for renewables and submarine infrastructure are provided.
|
|
| domain | founded_year | HQ Location |
Ocean thermal energy is harnessed for clean power generation.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ocean Thermal Energy Corporation
Frequently Asked Questions about Ocean Thermal Energy Corporation
When was Ocean Thermal Energy Corporation founded?
Ocean Thermal Energy Corporation was founded in 1988 and raised its 1st funding round 23 years after it was founded.
Where is Ocean Thermal Energy Corporation located?
Ocean Thermal Energy Corporation is headquartered in Lancaster, United States. It is registered at Lancaster, Pennsylvania, United States.
What does Ocean Thermal Energy Corporation do?
Developer of marine technologies based on OTEC and SWA. OTEC produces clean hydrothermal electricity using the water temperature difference between surface and deep ocean water. Placing a Desalination Unit next to the OTEC or SWAC plant allows producing huge amounts of fresh, clean water for drinking, agriculture, or aquaculture.
Who are the top competitors of Ocean Thermal Energy Corporation?
Ocean Thermal Energy Corporation's top competitors include Seatrec, Global OTEC and Makai Ocean Engineering.
What products or services does Ocean Thermal Energy Corporation offer?
Ocean Thermal Energy Corporation offers OTEC Systems, SWAC/LSC Systems, and Floating Energy Platforms.
Is Ocean Thermal Energy Corporation publicly traded?
Yes, Ocean Thermal Energy Corporation is publicly traded on OTC under the ticker symbol CPWR.
Who are Ocean Thermal Energy Corporation's investors?
Ocean Thermal Energy Corporation has 1 investor. Key investors include United States Department of Agriculture.
What is Ocean Thermal Energy Corporation's ticker symbol?
The ticker symbol of Ocean Thermal Energy Corporation is CPWR on OTC.