Ocean Power Technologies (OPTT) announced it was selected as one of six potential awardees for a multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract with the Naval Oceanographic Office (NAVOCEANO). The contract is for providing high-resolution, autonomous ocean-floor mapping services.
Key Details
- Contract Value: The IDIQ contract has a total ceiling of $40 million, which will be shared among all awardees through competed task orders.
- Term & Structure: The agreement has a two-year ordering period from August 2026 to July 2028. OPTT will compete for individual firm-fixed-price task orders.
- Scope of Work: The project involves mapping the ocean floor in the Indian and Pacific Ocean basins using long-endurance unmanned surface vehicles.