Craft

Ocean Thermal Energy

Revenue

$3 M

FY, 2025

Ocean Thermal Energy Summary

Company Summary

Overview
Ocean Thermal Energy (OTE) is a provider of renewable energy and potable water solutions. It offers abundant freshwater production, sustainable agriculture and aquaculture, national security, reduced carbon emissions, lessened dependency on imported foreign oil, and other solutions.
Type
Public
Status
Active
Founded
1998
HQ
Lancaster, PA, US | view all locations
Website
http://otecorporation.com
Cybersecurity rating
Sectors

Key People

  • Gerald S. Koenig

    Gerald S. Koenig, Executive Vice President and General Counsel

  • Peter H. Wolfson

    Peter H. Wolfson, Director

    • Antoinette Hempstead
    • Heru Ofori-Atta

      Heru Ofori-Atta, Senior Business Director, Africa and the Caribbean

      LocationsView all

      2 locations detected

      • Lancaster, PA HQ

        United States

        800 S Queen St

      • Charlotte Amalie, St Thomas

        Virgin Islands (U.S.)

        5093 Dronningens Gade #1

      Ocean Thermal Energy Financials

      Summary Financials

      Revenue (Q1, 2026)
      $403.5K
      Gross profit (Q1, 2026)
      ($259.5K)
      Net income (Q1, 2026)
      $62.0M
      Cash (Q1, 2026)
      $166.2K
      EBIT (Q1, 2026)
      ($487.7K)

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