Business Information
The group's principal activity is to explore and recover the archaelogically sensitive deep-water shipwrecks throughout the world. The group employs advanced state-of-the-art technology including side scan sonar, remotely operated vehicles, or rovs, and other advanced technology, which enables the group to locate and recover shipwrecks at depths that were previously unreachable in an economically feasible manner. The group's projects are conducted in two phases. The search phase is usually conducted from a smaller vessel outfitted with survey equipment and an inspection rov. The recovery phase requires a vessel equipped with a work class rov, both long baseline and usbl acoustic positioning systems and certain odyssey technology and proprietary software, which allows the group to record the recovery in an archaeology sound fashion.
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| Greg Stemm | Co - Founder, Chmn. | N/A | | John Morris | Co - Founder, Chmn., CEO | N/A | | George Becker | Pres. | N/A | | Davis Howe | COO | N/A | | Jay Nudi | Chief Accounting Officer, Controller | N/A |
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Year |
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| 2006 | 5,064 | (19,088) | | 2005 | 10,037 | (14,920) | | 2004 | 17,622 | 5,229
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