Coda Octopus Colmek Becomes Coda Octopus Engineering: Same Team, Same Excellence, Enhanced Identity

Murray, Utah - Coda Octopus Colmek, Inc. is pleased to announce its transition to Coda Octopus Engineering, Inc., effective immediately. This strategic name change better aligns the company's identity with its core capabilities and strengthens its position within the Coda Octopus Group (NASDAQ: CODA) family of companies.

Engineering Excellence Remains Unchanged

"While our name is changing, everything our customers value about us remains exactly the same," emphasized Jim Balent, CEO. "We're the same team of dedicated engineers, at the same Salt Lake City location, solving the same tough problems we've been tackling for over 40 years. What's changing is how we present ourselves to better reflect who we are at our core, engineers."

Strengthening the Coda Octopus Engineering Identity

The transition from "Colmek" to "Coda Octopus Engineering" creates clearer alignment within the Coda Octopus Group portfolio, which includes multiple subsidiaries specializing in underwater technologies, sonar systems, acoustics, defense systems, and marine applications. This unified branding helps customers better understand the comprehensive engineering capabilities available across the group.

Four Decades of Engineering Innovation

The company's engineering heritage spans multiple transformative eras:

  • 1977-1989: Founded as Colmek Systems Engineering, pioneering deep-sea telemetry systems and participating in historic discoveries including the Titanic and Bismarck
  • 1992-2007: Expanded into mine detection systems and weapons platforms, establishing long-term relationships with major defense contractors
  • 2007-2014: Joined the Coda Octopus Group, enhancing capabilities through synergies with sister companies
  • 2014-Present: Acquired the Thermite® rugged computer line, became AS9100:D certified, and achieved DCAA compliance

Comprehensive Engineering Capabilities Under One Roof

Coda Octopus Engineering's multidisciplinary team includes:

  • Electrical Engineers: Analog, digital, power electronics, and mixed-signal circuit design
  • Software Engineers: Embedded systems, user interfaces, mission software, and real-time applications
  • Firmware Engineers: FPGA development, DSP programming, and hardware acceleration
  • Mechanical Engineers: Thermal management, ruggedization, and packaging solutions
  • Systems Engineers: Requirements analysis, integration, testing, and documentation

Proven Track Record Across Critical Programs

The name change comes as Coda Octopus Engineering continues to deliver on major contracts:

  • AN/AQS-24 Mine Hunting System: Ongoing development of telemetry systems and mission software
  • MK-15 CIWS Program: Full lifecycle support for Phalanx and SeaRAM configurations
  • SeaPort NXG: Recently awarded prime position on the Navy's $5 billion professional services contract
  • NAVAIR Programs: Custom VME processor cards and airborne pod electronics

Customer Continuity Assured

All existing contracts, purchase orders, and business relationships will continue seamlessly under the new name. The company's federal contractor registration and quality certifications (AS9100:D) remain unchanged. Current customers can expect the same points of contact, delivery schedules, and service levels they've come to expect.

Looking Forward

"This name change represents our commitment to being recognized as the premier engineering solution provider we've always been," said Jason Martin, CTO. "As Coda Octopus Engineering, we're positioned to better leverage the technical synergies across the Coda Octopus Group while maintaining our focus on solving the most challenging problems in defense and naval systems."

The transition reinforces the company's position as a full-service engineering organization capable of taking projects from initial concept through production and long-term support – a capability that has made it invaluable to defense contractors and military end-users for over four decades.

About Coda Octopus Engineering

Coda Octopus Engineering (formerly Coda Octopus Colmek) is a qualified small business subsidiary of Coda Octopus Group (NASDAQ: CODA), specializing in defense systems engineering, rugged embedded computing, and custom electronics development. The company maintains AS9100:D certification and NIST 800-171 compliance from its Salt Lake City facility.