Aquabotix joins UTIC
Underwater technology company UUV Aquabotix Ltd has announced that it has been accepted as a member of the Undersea Technology Innovation Consortium (UTIC) joining a select list of leaders in undersea technologies, including Northrop Grumman and Raytheon.
UTIC brings together industry and the US government with a goal of enabling collaborative and rapid development, prototyping, testing, and commercialisation of innovative undersea and maritime technologies. Aquabotix was approved to join UTIC because of its proven ability to contribute technological development to support the defence and security of the United States and other allied nations.
In June 2018, UTIC was awarded the Other Transaction Authority (“OTA”) agreement for Undersea Technology Innovation by the U.S. Naval Undersea Warfare Center. The OTA enables the Consortium members to engage in a broad range of undersea and maritime development and prototyping activities and allows for the delivery of new technology faster and more efficiently than traditional U.S. federal acquisition requirements might permit.
“We are honoured and eager to join UTIC in support of its mission to rapidly develop defence and security technologies for the United States and allied nations,” commented Whitney Million, Aquabotix’s Chief Executive Officer. She continued, “We expect that Aquabotix’s innovative offerings and agility as a small business paired with the support of and collaboration with the U.S. Government and other larger defence companies through this Consortium will expand our reach and provide us with important funding opportunities.”
By Jake Frith
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