![]() MIND Technology MIND Technology (formerly known as Mitcham Industries) is a company that provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. | ![]() Coda Octopus Group Coda Octopus Group is a company that designs and manufactures underwater and defense systems. | ![]() Waertsilae SAM Electronics Wärtsilä SAM Electronics is a company that specializes in the design and development of specific maritime equipment technologies. | ||
Founding Date | Founding Date 1987 | Founding Date 1994 | Founding Date 2003 | Founding Date 2006 |
Type | Type Public | Type Public | Type Subsidiary | Type Private |
Tags | ||||
Locations | Locations The Woodlands, US HQ Gelang Patah, MY Singapore, SG Shepton Mallet, GB Sherman, US | Locations Orlando, US HQ Redland Bay, AU Nivå, DK Dorchester, GB Edinburgh, GB Portland, GB Murray, US | Locations Hamburg, DE HQ Elmenhorst Lichtenhagen, DE | Locations Nanaimo, CA HQ |
Employees | Employees 1905% decrease | Employees 10324% increase | Employees 2903% increase | Employees 21 |
Valuation ($) | Valuation ($) 29.1 m | Valuation ($) 99.2 m | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $40.9m (FY, 2026) | Revenue (est.) $26.6m (FY, 2025) | Revenue (est.) €87m (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods $8.9m (FY, 2025) | Cost of goods €73.4m (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit $18.7m (FY, 2026) | Gross profit $17.7m (FY, 2025) | Gross profit €13.6m (FY, 2024) | Gross profit N/A |
Net income | Net income $750k (FY, 2026) | Net income $4.1m (FY, 2025) | Net income (€326.3k) (FY, 2024) | Net income N/A |

Coda Octopus Group is a company that designs and manufactures underwater and defense systems.
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Wärtsilä SAM Electronics is a company that specializes in the design and development of specific maritime equipment technologies.
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