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Stock impact report

Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese “Joint Ocean Innovation” Strategic Subsea Projects

Coda Octopus Group, Inc. - Common stock (CODA) 
US:NASDAQ Investor Relations: codaoctopusgroup.com
Company Research Source: GlobeNewswire
The Nippon Foundation and Scottish Enterprise R&D Program Provides Funding of up to $32 Million over Three Years for Joint Ocean Innovation Collaborative R&D Program ORLANDO, FL, Oct. 03, 2018 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a global leader in real-time 3D sonar technology and real-time subsea intelligence, today announced that its wholly owned products subsidiary, Coda Octopus Products Limited, has been selected as one of eight Scottish companies to “develop innovative subsea systems and technologies” as part of the premier Scottish-Japanese “Joint Ocean Innovation” collaborative R&D program, with matched funding by The Nippon Foundation and Scottish Enterprise. Coda Octopus Products will be collaborating with Mitsubishi Heavy Industries on one of five strategic subsea projects under the joint program. It is expected that the funding over three years for the joint program will be a total of £25MM (approximately US$32MM). In the program’s first Show less Read more
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