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Coda Octopus Group, Technology Overview and Near to Medium Term Growth Catalysts

NEW YORK, NY / ACCESSWIRE / July 23, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Coda Octopus Group, Inc. (NASDAQ: CODA), a company that develops underwater technologies and equipment for imaging, mapping defense, and survey applications. It operates through two segments: Marine Technology Business and Marine Engineering Business.

On July 16th, 2018, the company's shares more than doubled with unusual volume activity, after it announced that it has entered into a Navy Cooperative Research Development Agreement to transition the prototype of the Divers Augmented Vision Display-Head Up Display system into a complete system that is ready for operational use, with Naval Surface Warfare Center Panama City Division.

Details of the CODA tech development and upcoming potential catalysts READ MORE.

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On June 18th, the company announced that it had completed the sale and delivery of its flagship system, CodaOctopus® Underwater Inspection System to the Los Angeles County Sheriff's Department for a contract value of $665,000.The management believes that this Underwater Inspection System is far superior to other sonar technology in the market today as their industry-leading Echoscope® technology generates real-time images of the underwater environment in three/four dimensions even in zero visibility conditions.

CODA verticals, the analyst's review and Technology in this comprehensive report READ MORE.

Copy and paste to your browser may be required to view the report – https://tradersnewssource.com/coda-octopus-group/

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SOURCE: Traders News Source