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Stock impact report

Coda Octopus Group Reports $1.4m Engineering Services Order

Coda Octopus Group, Inc. - Common stock (CODA) 
US:NASDAQ Investor Relations: codaoctopusgroup.com
Company Research Source: GlobeNewswire
ORLANDO, FL, April 24, 2025 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 4D/5D/6D imaging sonar technology and new generation diving technology (DAVD) for real time subsea intelligence, today reported that its UK, Portland based Defense Engineering Services Business, Coda Octopus Martech Limited, recently received an order from one of its established long term customers, a leading and longstanding UK Defense Contractor, for sub-components which will form part of a suite of autonomous mine sweeping systems. Annmarie Gayle, CODA’s Chairman and CEO, commented: “We are very pleased to see contracts relating to European Defense Programs being fast tracked and contracting barriers being removed to expedite Defense Programs. Since 1988, Martech has been a well-established sub-contractor within the European Prime Defense Contractor community, holding key pre-qualifications required to participate in major defense contract Show less Read more
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