Coda Octopus Group Announces Acquisition of Precision Acoustics Limited
Coda Octopus Group, Inc. - Common stock (CODA)
US:NASDAQ Investor Relations:
codaoctopusgroup.com
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Source: GlobeNewswire
ORLANDO, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today announced that it has completed the acquisition of Precision Acoustics Limited, based in Dorchester, UK, in close proximity to the Company’s subsidiary, Coda Octopus Martech Limited. Precision Acoustics was formed in 1997 and is well established as a leading technical authority to the MHz ultrasound and acoustic measurement markets and is a global leader in the field of hydrophone design and other acoustic-related technologies which have wide application but are currently primarily used in the medical imaging and Non-Destructive Testing (NDT) markets. It is a leading innovator, developer and worldwide supplier of products, materials and customized services to the MHz ultrasound markets and has a sizable market share. Over many years,
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News
- With 45% ownership, Coda Octopus Group, Inc. (NASDAQ:CODA) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Coda Octopus Group Announces that it has recently received an order for fifteen of its new generation F280® GNSS Aided Inertial Navigation Systems (“GNSS Aided INS”) for Contract Value of $576,000GlobeNewswire
- Coda Octopus Group, Inc. (NASDAQ: CODA) had its price target raised by analysts at Alliance Global Partners from $9.00 to $11.00. They now have a "buy" rating on the stock.MarketBeat
- Offshore AUV & ROV Market Analysis and Forecast Report, 2018-2030 - CAGR of 10.18% Projected for 2025-2030 - Growth Driven by Renewable Energy Opportunities in Offshore Wind Farm Maintenance and Inspection [Yahoo! Finance]Yahoo! Finance
- Investors Could Be Concerned With Coda Octopus Group's (NASDAQ:CODA) Returns On Capital [Yahoo! Finance]Yahoo! Finance
CODA
Sec Filings
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- 9/26/24 - Form SC
- CODA's page on the SEC website