UK: Coda Octopus Products and Seatronics Pen Echoscope TAP Agreement

During Oceanology International, Coda Octopus Products and the world’s largest marine electronic equipment rental company, Seatronics, have signed an agreement with an initial investment worth over $1.5m to increase the number of Echoscope® systems available for rental worldwide through a joint Technology Access Program, (“TAP™”).

TAP™ now means clients can contact any Coda Octopus or Seatronics base office directly to hire the real-time 3D sonar technology, the Echoscope®, which is transforming applications from marine construction through to port security, dredging and decommissioning. Over and above access to revolutionary sonar technology, TAP™ also makes available a pool of trained operators who can deliver a host of service provisions to suit every client’s requirements.

Whether you are a large marine operator working on a major offshore installation requiring both equipment and personnel, or a smaller scale company needing short period equipment hire with a few days of operator training, TAP™ is the affordable answer.

Stephen Auld, Coda Octopus Products Limited, Managing Director, said, “This is a fantastic move forward for Coda Octopus. It makes our Echoscope® systems available on short or longer term rental. This will facilitate the use of Echoscope® for project-based work where the Echoscope may only be required for a short period or at short notice. We hope this will bring far more Echoscopes® into use in the market, and make them more familiar to potential customers. In addition, of course, it moves Coda Octopus Products into more service based offerings rather than remaining a pure product sales operation.”

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Subsea World News Staff , March 14, 2012;  Image: Coda Octopus Products