Coda Octopus Group Inc (Coda) is a developer of underwater technology solutions for marine geophysical surveys and underwater defense and security. The company provides imaging sonar, diving technology, and diving communications technology. It also offers an integrated management diving system to visualize real-time underwater scenes.

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Coda’s R&D arm focuses on developing volumetric sonar technology, sonar capability, and new innovative products. It aims to explore new applications for its existing solutions through its R&D activities. The company strives to maintain a leadership position in its new-to-market diving technology (DAVD) and the real-time volumetric imaging sonar sector through investments in R&D. Coda intends to allocate resources to ensure its growth strategy and competitiveness are sustained. The company has R&D facilities in Florida and Utah, the US; and Scotland, the UK. In FY2024, Coda incurred expenses of US$2.2 million on R&D, which as a percentage of revenue, stood at 7%.