SUMMERVILLE, S.C., Jan. 16, 2024 /PRNewswire/ — The Naval Surface Technology & Innovation Consortium (NSTIC) today announces it has grown to over 1,000 members since its inception in 2019. NSTIC members are integral to advancing naval surface technology through research, development, and testing using their vast innovative experience across 22 different technology areas. This milestone is the second for NSTIC in the last six months, as the Other Transaction Agreement (OTA) also reached over $1 billion in contract value across 79 awards for rapid acquisition and development of prototype technologies.