Coda Octopus Group Secures $1.5m Order for Innovative DAVD Systems
Coda Octopus Group Reports Significant Order for DAVD Systems
Coda Octopus Group, Inc. (“CODA”) has announced a remarkable development in its marine technology offerings. The company received an order valued at $1.5 million for its Diver Augmented Vision Display (DAVD) tethered variant, bundled with the advanced Echoscope system. This contract highlights the increasing integration of CODA's innovative technologies by the U.S. Navy.
Enhancing Subsea Operations
The order addresses the needs of various U.S. Navy Commands, demonstrating the Navy's commitment to integrating cutting-edge technology into its operations. Blair Cunningham, President of Technology at Coda, expressed enthusiasm about the order. He pointed out that it reaffirms the ongoing adoption of DAVD technology, emphasizing its significance in diving and underwater inspection.
Importance of Echoscope Technology
The Echoscope technology is pivotal to the DAVD system, providing real-time volumetric sonar for optimal performance during subsea operations. With this latest order, the number of commands utilizing the DAVD will increase, hinting at a growing community of users who stand to benefit from enhanced underwater visualization and operational capabilities.
Fostering Broader Adoption
This development adds to a previous order for 16 DAVD Untethered Systems intended specifically for the Special Operations Command. Such placements indicate a substantial market potential for these technologies within defense operations.
Future Developments and International Interest
Cunningham also looks forward to expanding the technology's reach beyond U.S. soil, actively pursuing interest from foreign navies and the commercial sector. Recent advancements, including a new Head-Up-Display (HUD), have markedly improved the system's compatibility with modern diving gear, opening avenues for previously untapped markets.
Innovative Design Enhancements
The new HUD features a compact design, boasting an impressive 200% increase in resolution and an expanded field of view. These upgrades are designed to facilitate a more efficient operational environment, ensuring that divers can execute missions even in challenging underwater visibility conditions. This marks a pivotal stage in Coda's development journey.
About Coda Octopus Group
Founded in 1994, Coda Octopus Group has positioned itself as a leading supplier in the underwater and subsea markets. The company specializes in an array of innovative sonar technologies, including its proprietary Echoscope systems, which can generate detailed 3D images even in zero visibility conditions.
Applications for Advanced Technology
CODA’s Echoscope technology finds application across numerous sectors such as offshore energy, search and rescue, subsea intervention, and marine construction. The versatility and efficacy of these systems underscore their importance in modern underwater operations.
Future of Diving Operations
With the DAVD, Coda aims to revolutionize how diving missions are approached at all operational levels. The fully integrated system allows for real-time information sharing between topside teams and divers, enhancing safety and operational efficiency.
Contact Information
For further inquiries, please reach out to:
Geoff Turner
Coda Octopus Group, Inc.
Phone: 1-407-768-0988
Email: coda.ir@codaoctopusgroup.com
Frequently Asked Questions
1. What is the value of the recent order reported by Coda Octopus?
The recent order reported by Coda Octopus is valued at $1.5 million.
2. Which technology is included in the DAVD system order?
The order includes the Echoscope technology, which provides real-time volumetric sonar.
3. Who are the primary users of the DAVD Tethered System?
The primary users are various U.S. Navy Commands.
4. What improvements have been made to the new HUD design?
The new HUD features a compact design with a 200% increase in resolution and an expanded field of view.
5. What are CODA's future plans regarding the DAVD technology?
Coda Octopus plans to pursue interest from foreign navies and the commercial sector to expand the adoption of DAVD technology.
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