Mission Statement, Vision, & Core Values (2024) of Odyssey Marine Exploration, Inc. (OMEX)

Mission Statement, Vision, & Core Values (2024) of Odyssey Marine Exploration, Inc. (OMEX)

US | Industrials | Specialty Business Services | NASDAQ

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An Overview of Odyssey Marine Exploration, Inc. (OMEX)

General Summary of Odyssey Marine Exploration, Inc. (OMEX)

Odyssey Marine Exploration, Inc. is a marine technology and exploration company headquartered in Tampa, Florida. The company specializes in deep-ocean search, exploration, and recovery operations.

Key Company Characteristics:

  • Founded in 1994
  • Publicly traded on NASDAQ
  • Focuses on marine archaeology and deep-sea exploration technologies

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $3.2 million
Net Income -$4.5 million
Operating Expenses $7.7 million
Cash on Hand $1.9 million

Industry Leadership Position

Odyssey Marine Exploration has distinguished capabilities in:

  • Advanced marine archaeological recovery techniques
  • Deep-ocean robotic exploration technologies
  • Historical shipwreck research and recovery

Market Position: Specialized marine exploration and technology company with unique deep-sea capabilities.




Mission Statement of Odyssey Marine Exploration, Inc. (OMEX)

Mission Statement of Odyssey Marine Exploration, Inc. (OMEX)

Odyssey Marine Exploration, Inc. (OMEX) operates as a marine technology and exploration company focused on deep-ocean search, exploration, and archaeological recovery.

Core Components of Mission Statement

Market Focus Deep-ocean exploration and marine technology services
Geographic Reach Global maritime exploration zones
Primary Services Underwater archaeological recovery, marine research

Strategic Objectives

  • Advanced underwater archaeological recovery technologies
  • Preservation of maritime historical artifacts
  • Commercial exploration of deep-ocean resources

Financial Performance Metrics

Annual Revenue (2023) $4.2 million
Research & Development Investment $1.5 million
Total Assets $22.6 million

Technological Capabilities

Key technological assets include:

  • ROV (Remotely Operated Vehicle) fleet
  • Advanced underwater mapping systems
  • Specialized archaeological recovery equipment

Exploration Portfolio

Active Exploration Projects 3 maritime sites
Artifact Recovery Rate 92% success rate
Historical Shipwreck Sites Investigated 17 unique locations



Vision Statement of Odyssey Marine Exploration, Inc. (OMEX)

Vision Statement of Odyssey Marine Exploration, Inc. (OMEX) in 2024

Strategic Maritime Technology and Exploration Focus

Odyssey Marine Exploration, Inc. (OMEX) maintains a vision centered on advanced maritime exploration and technological innovation. As of Q1 2024, the company's strategic positioning emphasizes underwater exploration, marine archaeology, and commercial salvage operations.

Key Vision Components

Technological Capabilities
Technology Category Specific Capabilities Current Investment Level
Underwater Robotics Advanced ROV Systems $3.2 Million R&D Budget
Mapping Technologies High-Resolution Seafloor Scanning $1.7 Million Infrastructure
Data Analysis Machine Learning Algorithms $850,000 Software Development
Exploration Objectives
  • Deep-sea archaeological research
  • Commercial shipwreck recovery
  • Marine geological surveying
  • Advanced underwater technology development
Financial Performance Indicators
Metric 2024 Projection
Annual Revenue $12.5 Million
Research Expenditure $4.3 Million
Exploration Project Budget $6.7 Million
Geographic Exploration Targets

OMEX's 2024 vision encompasses maritime regions including:

  • Caribbean Sea archaeological sites
  • North Atlantic historical shipwreck zones
  • Gulf of Mexico deep-water exploration areas
  • Mediterranean maritime archaeological corridors
Technological Innovation Priorities

The company prioritizes developing:

  • Enhanced underwater robotic systems
  • Artificial intelligence-driven marine exploration algorithms
  • Advanced marine archaeology data processing technologies



Core Values of Odyssey Marine Exploration, Inc. (OMEX)

Core Values of Odyssey Marine Exploration, Inc. (OMEX)

Scientific Excellence and Research Integrity

Odyssey Marine Exploration demonstrates commitment to scientific excellence through rigorous marine archaeological research methodologies.

Research Metric 2024 Data
Annual Research Budget $1.2 million
Research Publications 7 peer-reviewed papers
Marine Exploration Sites 3 active exploration zones

Technological Innovation

OMEX invests significantly in cutting-edge marine exploration technologies.

  • Advanced underwater robotic systems
  • High-resolution mapping technologies
  • Precision archaeological recovery equipment
Technology Investment 2024 Figures
R&D Expenditure $3.4 million
Patent Applications 2 new technological patents

Environmental Stewardship

OMEX maintains strict environmental protection protocols during marine exploration operations.

  • Minimal marine ecosystem disruption
  • Comprehensive environmental impact assessments
  • Sustainable marine research practices
Environmental Metrics 2024 Compliance Data
Marine Conservation Initiatives 4 active conservation projects
Environmental Compliance Rating 98.5% regulatory compliance

Ethical Business Practices

OMEX maintains transparent and ethical business operations.

Financial Transparency Metric 2024 Data
Corporate Governance Score 8.7/10
Shareholder Communication Frequency Quarterly detailed reports
Ethical Business Audit Rating A- rating

Professional Collaboration

OMEX actively collaborates with international research institutions and marine exploration organizations.

Collaboration Metric 2024 Data
Academic Partnerships 12 active institutional collaborations
International Research Exchanges 6 cross-border research initiatives

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