Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Coda Octopus Group Announces Launch Of AI-Based Digital Audio Communications System "Voice HUB-4" After Successful Tests With Naval Customers.

Author: Benzinga Newsdesk | April 29, 2024 08:15am

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 reported that following successful field testing with its Navy customers, it has now launched a new Artificial Intelligence (AI)-based digital communication audio system, known as the Voice HUB-4.

 

Voice HUB-4 is a state-of-the-art system that greatly advances the current limited capability of underwater analogue audio communications by employing digital technology to provide the highest quality and fidelity of speech communication between divers and surface supervisor. Voice HUB-4, which is based on AI technology, has advanced features such as Digital Noise Removal, Background Noise Control and complete control of Helium Speech Descrambling. This system supports up to four (4) in-water divers and also extends to diver-to-diver communications.

Voice HUB-4 is a spin-off from the Company's Diver Augmented Vision Display (DAVD) technology and was developed by the Company in conjunction with its US Navy customers. It has gone through rigorous and extensive performance and validation testing.

Commenting on this, Blair Cunningham, CODA's President of Technology, stated "we are excited to be first movers in digitalizing underwater communications. In general, underwater conditions for divers are hostile and this new technology can improve their safety by providing the capability to deliver crystal clear communications between the topside and divers in the water – leaving no room for miscommunication. Our Navy customers are excited by this capability, and we believe that it will be well received by the diving community as a whole. Voice HUB-4 is also a separate and distinct product from our DAVD system although the customer base remains the same".

Posted In: CODA

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist