Mar. 12 at 9:44 PM
$CODA Most people don’t realize 95–99% of global internet traffic runs through subsea fiber optic cables on the ocean floor.
There are 500+ cable systems (~870,000 miles) and they break 150–200 times per year from anchors, fishing, earthquakes, etc.
When repairs happen, underwater robots (ROVs) are deployed—but visibility underwater is often zero.
That’s where CODA’s real-time 3D sonar (Echoscope) comes in. It allows operators to see cables and infrastructure underwater in real time.
Uses include:
• cable inspection
• installation monitoring
• seabed mapping
• repair operations
With AI, cloud computing, and geopolitical security increasing cable builds, the subsea infrastructure market is expanding fast.
CODA currently does **
$26M revenue**, so even a few new contracts in subsea robotics or cable inspection could move the needle significantly.
Small float + profitable + growing subsea infrastructure demand.
