The Underwater Monopoly: The Complete Series

Three parts. One microcap. The only real-time 3D sonar on Earth.

The complete Coda Octopus thesis.

Coda Octopus (CODA) is a $160M microcap that owns the only real-time 3D sonar technology on the planet - 70+ patents, 66.5% gross margins, zero debt, and the U.S. Navy just started buying in bulk. This page tracks every post, in order.

Last updated: April 24th, 2026

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CORE THESIS

Part 1 — A Microcap Owns the Only Real-Time 3…