MIDDLETOWN – The Undersea Technology Innovation Consortium, which promotes rapid development and commercialization of undersea and maritime technology, announced its most recent award under the Other Transaction Authority Agreement for Undersea Technology Innovation.
Consortium member Harris Corp. in Florida was awarded $18.2 million for a U.S. Navy project, according to UTIC.
The OTA, awarded last year, allows critical technology and innovation to get to the military fleet faster, said Molly Donohue Magee, UTIC executive director.
“UTIC is honored to be the OTA consortium,” she said in a statement. “We have partnered with Advanced Technology International, a pioneer in Other Transaction consortium management … managing a strong and innovative technology consortium for [the Department of Defense’s] undersea and maritime technology needs.”
In less than a year since the OTA has been in operation, 30 prototype projects have been announced by the Navy, according to UTIC, all in varying stages of completion.
At UTIC’s first Annual Members Meeting and second Industry Day, in Middletown, more than 250 members and government representatives took part. During the event, the Navy announced that 16 requests for prototype projects will be announced this month.
Susan Shalhoub is a PBN contributing writer.