Ocean Power Technologies Achieves ISO 9001 Certification for Quality Management Excellence.

Ocean Power Technologies has achieved ISO 9001 certification for its quality management system, recognizing its commitment to engineering, manufacturing, and service excellence. The certification demonstrates the company's focus on providing scalable, repeatable, and reliable maritime intelligence solutions to customers in the defense, energy, and research sectors. Shares of OPT were up 2.8% on Monday morning at $0.56.

Ocean Power Technologies (OPT) has achieved ISO 9001 certification for its quality management system, marking a significant milestone in the company's evolution. The certification, awarded to organizations that consistently provide products and services meeting customer and regulatory requirements, underscores OPT's commitment to excellence in engineering, manufacturing, and service delivery [1].

The certification applies to OPT's entire product portfolio, including the PowerBuoy®, WAM-V® Unmanned Surface Vehicles, and Merrows™ Maritime Domain Awareness Solution. This achievement highlights OPT's transition to a provider of scalable, repeatable, and reliable maritime intelligence solutions, particularly for customers in the defense, energy, and research sectors [2].

Philipp Stratmann, CEO of Ocean Power Technologies, emphasized the significance of this certification, stating, "This certification marks a landmark achievement in OPT’s evolution. It underscores our transition to being a provider of scalable, repeatable and reliable maritime intelligence solutions with the processes and controls that our customers—especially in the defense, energy, and research sectors—expect from long-term technology partners" [2].

By achieving ISO 9001, OPT strengthens its position as a trusted provider of low-carbon maritime systems, offering customers additional confidence in the Company’s ability to deliver high-quality products and services at scale [1].

In addition to this certification, OPT has recently installed its AI-capable Merrows PowerBuoy system for the Navy Postgraduate School (NPS), integrating AT&T 5G technology and advanced subsea sensors. This deployment marks another milestone in the execution of OPT's strategic plan to deliver advanced, persistent offshore infrastructure that supports defense, security, and research missions [3].

The collaboration with AT&T also demonstrates how PowerBuoy can serve as 5G communications nodes along the U.S. coastline, as the demand grows for rapidly deployed maritime systems. OPT's differentiated technology and expanding partnerships will accelerate the growth of its services business.

Shares of OPT were up 2.8% on Monday morning at $0.56, reflecting investor confidence in the company's latest achievements and strategic positioning.

References:
[1] https://www.marketscreener.com/quote/stock/OCEAN-POWER-TECHNOLOGIES--55886815/news/Ocean-Power-Technologies-Achieves-ISO-9001-Certification-50501589/
[2] https://www.stocktitan.net/news/OPTT/ocean-power-technologies-achieves-iso-9001-rjd7pbt04t5r.html
[3] https://www.marketscreener.com/quote/stock/OCEAN-POWER-TECHNOLOGIES--55886815/news/Ocean-Power-Technologies-Inc-Installs-AI-Capable-Merrows-PowerBuoy-for-Naval-Postgraduate-School-50470327/