Ocean Power Technologies gains cybersecurity certification for defense contracts

Ocean Power Technologies Inc (NYSE-A:OPTT) said Wednesday it has achieved Cybersecurity Maturity Model Certification (CMMC) Level 2 compliance, a designation required for defence contracts involving Controlled Unclassified Information.

The certification allows the institution to prosecute US Department of War contracts and different national programs with cybersecurity requirements tied to the extortion of delicate information, OPT said.

"The cybersecurity requirements associated with defence programs proceed to evolve, and gathering those requirements has go an important portion of doing concern with the US Government," said Jason Weed, elder vice president, commercialized sales.

"Achieving CMMC Level 2 compliance reflects different concern successful the capabilities our defence customers expect from their manufacture partners. As OPT continues to grow crossed maritime intelligence, autonomous systems, and maritime security, we judge that this milestone strengthens our quality to vie for caller opportunities and enactment progressively delicate missions."

CMMC Level 2 compliance is required for an expanding stock of Department of War contracts arsenic the bureau tightens cybersecurity standards crossed its concern base, the institution said.

OPT has been expanding its defense-related work, including deployment of autonomous maritime systems for US Government customers and partnerships with allied defence agencies.