Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has achieved ISO 9001 certification for its quality management system.
The certification, awarded under the ISO 9001 standard, recognizes organizations that consistently meet customer and regulatory requirements through effective quality management practices.
OPT said the designation demonstrates its commitment to engineering, manufacturing, and service excellence across its range of products, including the PowerBuoy, WAM-V Unmanned Surface Vehicles, and the Merrows Maritime Domain Awareness Solution.
“This certification marks a landmark achievement in OPT’s evolution,” CEO Philipp Stratmann said in a statement.
“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.”
Shares of OPT were up around 2.8% on Monday morning at $0.56.