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Coda Octopus Group Granted Exclusive License for Exploitation in Commercial Market for the Face Plate Technology of the Diver Augmented Vision Display (DAVD) Head-up Display, by Naval Surface Warfare Center Panama City Division
Echoscope®-complementary Technology Delivers Combined Complete End-to-end Diver Management Solution, Permits Divers and Supervisors on the Surface to
About this update from Coda Octopus Group, Inc.
[{"type":"text","content":"Echoscope®-complementary Technology Delivers Combined Complete End-to-end Diver Management Solution, Permits Divers and Supervisors on the Surface to Simultaneously Visualize the Diving Environment in Real Time\n\n \n \n \n \n \n \n \n \n \n \n \n Diver Augmented Vision Display (DAVD)\n \n \n \n \n \n \n \n \n\n ORLANDO, FL, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced that as part of the transitioning of the prototype for the Diver Augmented Vision Display (DAVD) system, Naval Surface Warfare Center Panama City Division (NSWC PCD) has granted the Company the Exclusive License to use its utility invention relating to the face plate for manufacture and sale in the commercial market. The face plate technology is patented, as it relates to its application subsea. Since the DAVD system is funded by the Office of Naval Research (ONR) through an ONR Future Naval Capabilities program and continues to be managed by NAVSEA 00C3, a license is not required for CODA to manufacture and supply the multi-generation DAVD system to the U.S. defense market. When coupled with one of CODA’s real-time 3D Sonars, commercially branded Echoscope®, the head-up display face plate technology allows both divers in the water and supervisors on the surface to simultaneously visualize the diving environment in real time. The divers and supervisors are able to communicate with real-time data, images, video, and step-by-step instructional information to run the dive operations in a safe, controlled, and timely manner. The see-through head-up display was developed in the Gen 1 DAVD program on standard Navy-issue Kirby Morgan KM37, KM37SS and KM97 helmets, with supported dive helmets and masks expected to increase after initial release. The Echoscope® series of real-time 3D sonars range from the compact and lightweight Echoscope® C500 and Echoscope4G® Surface for diver handheld operations to CodaOctopus® Underwater Inspection System (UIS), which provides the highest performance 3D real-time mapping and monitoring platform. Commercial applications range from marine and port construction to offshore wind energy-renewables and oil and gas, and include research and educational institutions. Blair Cunningham, Coda Octopus Group’s President...