Fugro Chance Inc. and Coda Octopus Group Inc. have entered a Cooperation Agreement for two years to take advantage of Coda Octopus Echoscope; a patented 3D sonar technology.
This relationship will give CODA early access to real-world requirements associated with Fugro Chance projects. Having access to the data acquired by Fugro will enable CODA to utilize the Echoscope in a variety of applications and challenges. In return, Fugro will have the advantage of working with CODA to develop tailored solutions for their clients’ subsea imagery deliverables.
Coda Echoscope Dual Frequency 3D Sonar is a unique sonar device using phased array technology. It generates more than 16,000 beams simultaneously, producing instantaneous, three-dimensional sonar images of both moving and stationary objects and enabling extremely rapid reconnaissance and inspection.
The two companies will work together on joint developments of new applications for meeting Fugro Chance requirements in data visualization and processing. In addition, Fugro Chance will gain market advantage from training opportunities provided by CODA as well as project support.