Coda Octopus (CODA) Group reported that its Marine Technology Business Unit received an order for DAVD tethered systems bundled with the Echoscope for a contract value of $1.5m which will be used by different US Navy Commands. This order represents an additional investment in the DAVD Tethered System, underscoring the U.S. Navy’s ongoing commitment to the adoption of the DAVD technology and enhancing its capabilities for subsea operations
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