Coda Octopus, listed on NASDAQ under the ticker CODA, announced that its defense engineering services division, Coda Octopus Colmek, has secured two orders from the U.S. Government totaling $1.3 million. These orders pertain to the provision of proprietary parts, which serve as subcomponents for a key Defense program of record. CEO Annmarie Gayle emphasized the significance of the engineering business within the company, stating their ongoing commitment to revive the business to its pre-COVID revenue level of $10 million.

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