Hello my friends from the community,
About 3 months ago, due to the great momentum in Kraken Robotic. I was looking for other companies in the sector.
And discovered Coda Octupus.
Today I saw in Aktienmagazin that the company has now also been discovered here.
Which I already found very exciting last year.
Ladies and gentlemen, let's perhaps wait together for the figures on January 29. And then think again about whether we should get in.
(Maybe also something for your project @Dividendenopi )
What does the stock magazine ⬇️ write
Coda Octupus offers proprietary 4D sonar and DAVD technologies, positioning itself as a key enabler for autonomous underwater and defense applications. With a market capitalization of only USD 120 million, it is a micro-cap.
Coda's EchoScope and DAVD platforms, which are protected by over 70 patents, are expected to drive high-margin growth. In Q3, sales grew by 29.1% to USD 7.1m. I think we will see an acceleration in sales in the coming quarters as new products gain traction.
For example, the PIPE NANO GEN Series, a high-resolution real-time 3D sonar in a compact form, was launched in September. The DAVD platform is also scaling massively. In addition to the wired systems, 16 new independent systems for special forces and demining teams are being prepared for delivery.
The acquisition of Precision Acoustics Limited should also contribute to future growth. This has created a completely new segment for acoustic sensors and materials, which recently contributed around USD 1.3 million to turnover.
The Q4 figures are due on January 29. If there is an up-gap after strong figures, then I can imagine an entry here. (CODA)
Darum habe ich jetzt Coda Octupus für einen Einstieg auf der Watchlist!

