ODYSSEY MARINE EXPLORATION INC

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) operates as a deep-sea mineral exploration and development company focused on discovering, validating, and developing high-value seafloor mineral resources in an environmentally responsible manner. The company's website is www.odysseymarine.com.

The company maintains a diversified mineral portfolio spanning multiple projects in various stages of development across different mineral resources and geographic regions. Odyssey's business model centers on subsea mineral exploration, project development, and specialized marine services provided to subsidiary companies, other companies, and governments. The company generates revenue through direct project development, equity stakes in joint ventures, and service provision to other mineral exploration entities.

Odyssey's operational projects include the Phosagmex Project in Mexico, a phosphate resource development initiative in partnership with Capital Latinoamericano; the CIC Project in the Cook Islands focused on deep-sea mineral exploration; the Ocean Minerals LLC project involving polymetallic nodule resources; and the Lihir Gold Project in Papua New Guinea targeting subsea gold deposits. The company also pursues critical minerals opportunities on the United States outer continental shelf, including a Mid-Atlantic lease application for heavy mineral sands rich in titanium, zirconium, rare earth elements, and phosphate.

As of December 31, 2025, Odyssey employed twelve full-time employees based primarily at its corporate offices in Tampa, Florida, supplemented by specialized technicians and subcontractors for technical marine survey and recovery operations. The company leverages nearly three decades of experience deploying cutting-edge ocean technology at depths up to 6,000 meters, utilizing remotely operated vehicles, advanced sonar systems, and specialized vessels for seafloor exploration.

Odyssey's competitive positioning derives from its proprietary Global Prospectivity Program for identifying mineral assets, extensive deep-ocean operational expertise, and environmental stewardship focus. The company views other deep-sea mineral exploration entities primarily as potential partners rather than competitors, given the exclusive nature of mineral licenses granted by governments for specific geographic areas. Odyssey's business strategy emphasizes regulatory compliance, environmental responsibility, and long-term economic viability in advancing seafloor mineral projects.