Associated tags: Coda, Sale, 3D, Software, Commercial, Robotics, Perception, Defense, HUD, CODA, Person
Locations: CALIFORNIA, UKRAINE, PENNSYLVANIA, MIDDLE EAST, TEXAS, PATAPSCO, ORLANDO, FLORIDA, US, FL, USA, BALTIMORE, FRANCE, ASIA, UK, SWITZERLAND
ORLANDO, FL, April 23, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported that a major offshore service provider recently purchased a number of Echoscope PIPE® sonars having a contract value of $1,000,000.
Key Points:
- ORLANDO, FL, April 23, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported that a major offshore service provider recently purchased a number of Echoscope PIPE® sonars having a contract value of $1,000,000.
- Commenting on this, Blair Cunningham, CODA’s President of Technology, stated “we are excited that this global offshore service provider has recognized the value of investing in our real-time 3D Echoscope® technology.
- They will use the technology for several major underwater construction projects such as breakwater construction, offshore renewables (cable laying and scour monitoring) and salvage operations.
- The Echoscope® real-time 3D imaging sonar stands head and shoulders above other imaging sonars for these types of complex scene inspection applications and facilitates immediate and efficient decision making and real-time monitoring of all recovery and salvage operations.
Gwenael is an experienced business leader with over 27 years’ experience, mostly in the Aerospace and Defense industries.
Key Points:
- Gwenael is an experienced business leader with over 27 years’ experience, mostly in the Aerospace and Defense industries.
- Residing in Switzerland, his international career has taken him to live and work in several countries in Asia, to the USA and the UK.
- Commenting on his appointment Gwenael said “I am really excited to join the Coda Octopus Board.
- The vacancy was a result of the Board of Directors expanding the number of seats on the Board.
ORLANDO, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported that its Echoscope® technology is being used on the ongoing salvage operations.
Key Points:
- ORLANDO, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported that its Echoscope® technology is being used on the ongoing salvage operations.
- The news highlighting this can be found here .
- Commenting on this, Blair Cunningham, CODA’s President of Technology, stated “we are humbled and pleased that Coda Octopus and its technology can play a part as the primary survey tool in these ongoing operations, and I am pleased that I can be onsite assisting in the ongoing operations.
- As noted by SUPSALV in the article referred to above, the conditions are challenging and compounded by poor visibility water conditions …the Echoscope® “is the primary survey tool used by divers, with visibility clouded to just one to two feet because of the four to five feet of mud and loose bottom of the Patapsco River”.
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Roivant Sciences ORLANDO, FL, March 18, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2024 (FQ2024).
Key Points:
- ORLANDO, FL, March 18, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2024 (FQ2024).
- Annmarie Gayle, CODA’s Chairman and CEO, commented: “Our First Quarter 2024 results were in alignment with our internal Business Plan but down compared to our First Quarter 2023.
- “
The Company’s full financial results, including its Quarterly Report for the First Quarter of 2024, are available at www.nasdaq.com/symbol/coda/sec-filings .
- CODA will host a conference call today, March 18, 2024, at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) to discuss its results for the First Quarter ended January 31, 2024.
A press release detailing these results will be issued before the open of trading on the same day.
Key Points:
- A press release detailing these results will be issued before the open of trading on the same day.
- Persons interested in attending are required to call the conference telephone number approximately 10 minutes before the start time.
- If you have any difficulty connecting with the conference call, please contact the Company’s investor relations team at 1-949-574-3860.
- A replay of the call will be available after 1:00 p.m. Eastern time on the same day through April 1, 2024.
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Growth ORLANDO, FL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2023 (FY2023).
Key Points:
- ORLANDO, FL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2023 (FY2023).
- Fiscal Year 2023 Operational Summary:
In FY2023, we continued to prioritize investing in our growth strategy.
- In the FY2024, we will continue to double our efforts to realize increased growth for our stakeholders.”
The Company’s full financial results, including its Annual Report for Fiscal Year 2023, are available at www.nasdaq.com/symbol/coda/sec-filings .
- CODA will host a conference call today, January 29, 2024, at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) to discuss its results for the fiscal year ended October 31, 2023.
Retrieved on:
Thursday, January 18, 2024
A press release detailing these results will be issued before the open of trading on the same day.
Key Points:
- A press release detailing these results will be issued before the open of trading on the same day.
- Persons interested in attending are required to call the conference telephone number approximately 10 minutes before the start time.
- If you have any difficulty connecting with the conference call, please contact the Company’s investor relations team at 1-949-574-3860.
- A replay of the call will be available after 1:00 p.m. Eastern time on the same day through February 12, 2024.
Retrieved on:
Monday, September 18, 2023
CODA reported that in September 2023, its subsidiary, Coda Octopus Colmek, Inc (which forms part of its engineering services business), received orders for approximately $1m for the production of proprietary sub-assemblies and support relating to one of its longstanding Defense Programs.
Key Points:
- CODA reported that in September 2023, its subsidiary, Coda Octopus Colmek, Inc (which forms part of its engineering services business), received orders for approximately $1m for the production of proprietary sub-assemblies and support relating to one of its longstanding Defense Programs.
- Kevin Kane, Coda Octopus Colmek’s CEO, said: “We have a strong record of performance on these longstanding programs – some of which extend over 40 years.
- I am very pleased that we have broadened our scope of supply under this Program, resulting in increased purchase orders in fiscal 2023.
- Additionally, due to ongoing industry-wide supply chain and obsolescence issues, we see increased opportunities to grow our scope under this and our other longstanding programs.
Retrieved on:
Wednesday, September 13, 2023
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Video game ORLANDO, FL, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and diving technology, today reported its unaudited financial results for its fiscal third quarter ended July 31, 2023 (TQ2023) and the nine months then ended (YTD 2023).
Key Points:
- ORLANDO, FL, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and diving technology, today reported its unaudited financial results for its fiscal third quarter ended July 31, 2023 (TQ2023) and the nine months then ended (YTD 2023).
- Third Quarter 2023 Operational Summary:
Management continues to focus on and execute against its core business strategy to grow the Company.
- “As we enter the last quarter of fiscal year 2023, our priority continues to be making progress with the growth strategy.
- CODA will host a conference call today, September 13, at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) to discuss its results for the third fiscal quarter ended July 31, 2023.
Retrieved on:
Tuesday, September 5, 2023
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Science ORLANDO, FL, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or “the Company”) (Nasdaq: CODA) today announced the appointment of John Price as its new chief financial officer (“CFO”), effective November 27, 2023.
Key Points:
- ORLANDO, FL, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or “the Company”) (Nasdaq: CODA) today announced the appointment of John Price as its new chief financial officer (“CFO”), effective November 27, 2023.
- Mr. Price earned his Bachelor of Science in Accounting at Pennsylvania State University and is a certified public accountant.
- The Company is pleased to welcome John Price as a key management team member at a pivotal point for Coda Octopus Group.
- The Board of Directors and the Company thank Gayle Jardine for accepting the role of Interim Chief Financial Officer.
