Ocean Power Technologies Inc., headquartered in Monroe Township, added Ethan Butler as vice president of engineering and operations, the company announced May 9.
The company – which provides low-carbon marine data, power and consulting services – said in the hiring announcement that Butler brings more than 25 years of experience with commercial and government development programs for products in and around the ocean.
He most recently served as director of program management with Insulet Corp. and has held leadership positions with Ginko Bioworks, General Dynamics Mission Systems (formerly Bluefin Robotics), Passport Systems and Raytheon Integrated Defense Systems.
“Ethan’s experience – which includes leading the design and customization of autonomous underwater vehicles for the oil and gas industry, first responders, and government agencies around the globe – is tailor-made for this moment at OPT,” said Philipp Stratmann, OPT president and chief executive officer, in the statement, adding that the company is working to scale production of its WAM-V autonomous surface vehicles and deploy its Maritime Domain Awareness hardware and software.
“His background in autonomous and integrated technology programs makes him a terrific addition to the OPT leadership team,” Stratmann said.
Butler is a graduate of the Massachusetts Institute of Technology, where he earned master’s degrees in engineering management and ocean engineering. He received his bachelor’s degree from the University of Miami, where he majored in marine science and physics and minored in mathematics and mechanical engineering.
OPT granted Butler an inducement award for the position, pursuant to Section 711 of the NYSE American Company Guide, consisting of 50,000 restricted shares of its common stock that will be fully vested in one year.
OPT works with the defense and security, oil and gas, science and research, and offshore wind markets. In addition to its Garden State headquarters, the company has offices in Houston and Richmond, Calif.