A Microcap Owns the Only Real-Time 3D Sonar on Earth. The Navy Just Started Buying It in Bulk.
The Underwater Monopoly: Part 1 of 3
The most valuable defense technology stories are usually the ones nobody is watching. Coda Octopus is a 32-year-old Florida-based defense contractor with 70+ patents on a sonar technology no competitor can replicate, a brand-new diving system the U.S. Navy just adopted across nine commands, and a balance sheet with more cash than debt. It trades at 3.2x…
