Replies to post #5094 on Coda Octopus Group Inc (CODA)

[gilead23]

Agree on both counts

I would expect the completion of the davd-hud cards to still be a little ways away maybe late first quarter. It does have the potential to be a rocket though when they announce the first contract.

[multivalue]

Other than Coda delivering in July 2019, what's left to be announced?

Coda Octopus Group Enters into a Navy Cooperative Research And Development Agreement with Naval Surface Warfare Center, Panama City Division for Naval Real-Time 3D Imaging Head Up Display Diver Solution

/Coda Octopus Chosen to Develop State-of-the-art Real-time 3D Subsea Intelligence for Next Generation Wearable Head Up Display
Coda Octopus Group, Inc. (Nasdaq:CODA), a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced receipt of a follow-on sub-contract award from the Applied Research Laboratory (ARL) at Penn State, a tenured U.S. Department of Defense-designated University Affiliated Research Center, as part of a Naval Sea Systems Command (NAVSEA) program. The award is for the development of a prototype real-time 3D Head Up Display solution for divers, coined the "3D HUD System". The 3D HUD System will feature both real-time 3D sonar imaging hardware and real-time 3D augmented visualization software by Coda Octopus.

Coda Octopus Chosen to Develop State-of-the-art Real-time 3D Subsea Intelligence for Next Generation Wearable Head Up Display

“Also during the fiscal third quarter, we were very pleased to enter into a Navy Cooperative Research and Development Agreement with Naval Surface Warfare Center, Panama City Division (NSWC PCD), for the multi-generation development of the Divers Augmented Vision Display-Head Up Display system (DAVD-HUD). Our engineers are working in collaboration with NSWC PCD, to develop the first generation of the naval real-time 3D DAVD-HUD from the existing prototype. This presents a significant opportunity for the Group as it positions us to roll out our unique real-time 3D sonar capabilities, both hardware and software, across the Navy – a very important group of users. Although we are under a 12-month contractual commitment to develop the first generation of the DAVD-HUD by July 2019, we are on track to deliver this product, considered a critical deliverable to NAVSEA and other naval bodies, into operation across the Navy Community well ahead of schedule,” continued Ms. Gayle