Coda Octopus Group Announces that it has recently received an order for fifteen of its new generation F280® GNSS Aided Inertial Navigation Systems (“GNSS Aided INS”) for Contract Value of $576,000
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Coda Octopus Group, Inc. has secured an order for fifteen F280® GNSS Aided Inertial Navigation Systems, valued at $576,000, for use in a foreign Navy program.
November 12, 2024 | 12:15 pm
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Coda Octopus Group has received a significant order for its F280® GNSS Aided INS systems, valued at $576,000, indicating strong demand for its products in defense applications.
The order for fifteen F280® GNSS Aided INS systems represents a substantial contract for Coda Octopus Group, highlighting the demand for its technology in defense applications. This could positively impact CODA's stock price in the short term as it reflects revenue growth and market validation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90