Odyssey Marine Exploration Welcomes New Executive Order for Deep Sea Mining
Odyssey Marine Exploration, Inc. is pleased to see the issuance of a new Executive Order titled Unleashing America’s Offshore Critical Minerals and Resources. In addition, the company confirms that it currently has no specific plans to issue any securities under its universal shelf registration statement on Form S-3, which has been declared effective by the Securities and Exchange Commission (SEC) and provides Odyssey with the flexibility to access the capital markets in a timely manner. The specifics of any future offering, along with the prices and terms of any such securities offered by
Strategic Marine to Build Survey Vessel for Odyssey Group
Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced survey vessel tailored to meet Odyssey Group’s specific operational needs.The vessel will be equipped with the latest technology, including gyro-stabilization for improved vessel stability and operational capability, a moonpool will be provided for the launching and recovery of survey equipment and a reinforced aft deck to facilitate a possible future
Billions in Lost Treasure: How Modern Technology Is Revealing Hidden Riches from the Depths!
$450 million worth of treasure: 40 tons of gold/silver/coins plus 114,000 coins plus over 1000 emeralds! In 1985 treasure hunter Mel Fisher finally located it after years of searching and recovered its$450 million treasure, among the haul being 40 tons of gold/silver/coins plus over 1000 emeralds!Odyssey Marine Exploration made one of the greatest discoveries ever in 2007 when they found the Black Swan treasure, also known as Nuestra Senora de las Mercedes, which had been sunk by British naval forces in 1804. Odyssey recovered over $500 million worth of silver coins during the expedition - making
SOI Steps Ahead on Ocean Mapping
SOLARIS. The prototype for that was an instrument called DISCO, similar, but for much shallower water, which was funded by Marine Technology Partners. As I mentioned, it found greater biodiversity, and they're still working on the data, but new coral species as well.The third cruise was our Octopus Odyssey off Costa Rica. That was to go and look at an octopus nursery that had been discovered in 2013. Back then, there was no evidence that the octopus that they'd seen had viable eggs, no real evidence of this being a nursery. When we went out this year, we saw hatchlings and little octopus. It actually
US Navy to Name Oceanographic Survey Ship USNS Robert Ballard
learning amongst DoN personnel. The name Robert Ballard displayed across the stern of this ship will serve as an inspiration to all who see it while highlighting the results of commitment to education and exploration.”In addition, Barbara Earle Ballard, Dr. Ballard’s spouse and President of Odyssey Enterprises, has been designated as the ship’s sponsor.The $149 million oceanographic survey ship was ordered from Pascagoula, Miss. shipyard Halter Marine—now Bollinger MS Shipbuilding—in June 2021, and its keel was ceremonially laid in October 2022.Equipped with a moon pool
HII Debuts REMUS 620 Unmanned Underwater Vehicle (UUV)
to accurately deliver this range of advanced above-and-below water effects at long range.”Built to support current and next-generation naval and special operations forces operations, REMUS 620 features a modular, open architecture design to facilitate seamless payload integration and HII’s Odyssey suite of advanced autonomy solutions for intelligent, robotic platforms.REMUS 620 is the same size and weight of the first and only full-rate production medium UUVs: the MK 18 Mod 2, Littoral Battleship Sensing-Autonomous Undersea Vehicle (LBS-AUV) and LBS-Razorback systems operated by the U.S.
AUV Extravaganza: Tech Advances in Autonomous Underwater Vehicles
target detection and in mission sonar processing are the biggest changes we’re seeing. Longer missions without a person in the loop and increasing the odds of mission success.”More broadly, HII’s direction of travel is about autonomy and multidomain operations. HII recently announced Odyssey, “a suite of advanced autonomy solutions that can turn any ship or vehicle in any domain into an intelligent, robotic platform”. This includes multi-vehicle collaborative autonomy, from remote control to fully autonomous capability, aligned with industry open architecture standards.In-roads
Subsea Vehicles: Diving into the Autosub Program
with the vehicles right through to Autosub6000. “The distributed architecture of the system was really ground breaking,” he says. Operations in 1999, with Autosub 2 in Antarctica. All images from the National Oceanography Center.1996 had been a big year for AUVs. MIT’s Odyssey II had completed a survey off British Colombia and International Submarine Engineering’s Theseus laid a 175km fiber optic cable under sea-ice in the Canadian Arctic. Woods Hole Oceanographic Institution’s Autonomous Benthic Explorer had also been making observations around the Juan de
Odyssey Marine Exploration Appoints Jones as CFO
U.S.-based subsea mining company Odyssey Marine Exploration, Inc. announced it has expanded its executive and legal teams. On Monday, the firm's Board of Directors appointed Christopher "Chris" E. Jones as Chief Financial Officer and reappointed Jay Nudi as the company’s Principal Accounting Officer and Treasurer.“As we evaluated our strategic plans and every part of our business over the past year, it became clear that we needed to add specific expertise to our executive team to allow Odyssey to execute on its strategic plan,” commented Mark D. Gordon, Chairman and CEO
February 2025
