Coda Octopus Group Inc (CODA)

[tiedyed1]

multivalue, I am cautiously excited with many questions.

The US Navy has awarded a contract to build a prototype for what is truly incredible technology. (I mean, imagine a diver or underwater vehicle being able to 'see' through zero visibility an AR image of what is in front of them... incredibly awesome concept!)

How long will it take to produce a kick butt prototype of this technology?
Once developed what impact will it have (is this a disruptor, or cool technology to be used on limited basis?)

What is the potential dollar volume this prototype can produce? (Is it enough for a company like Raytheon or other Defense Industry companies to look to acquire CODA?)

If I remember correctly this company has a division that created a prototype device related to sterilization (of rooms/spaces?) for the military. The prototypes underwent successful testing for over a year but I do not remember seeing any contracts for mass utilization.

Not being negative here - and I feel this award has tremendous potential and value. Just keeping it realistic and there is still more work to do.

Disclosure: I have been long since Jan 2014.