Modec (JP:6269) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
MODEC, Inc. has partnered with Terra Drone Corporation to develop and enhance drone technology for inspecting offshore platforms, aiming to improve safety and efficiency while reducing manpower. Their joint R&D agreement seeks to fully automate crude oil storage tank inspections on Floating Production, Storage and Offloading systems (FPSOs), potentially tripling inspection efficiency and cutting costs. This initiative is part of MODEC’s broader effort to maintain asset integrity and address industry-wide challenges in offshore operations.
For further insights into JP:6269 stock, check out TipRanks’ Stock Analysis page.