UnderSea Recovery Corporation (trading under the symbol UNDR), also referred to as UNSR or UnderSea Recovery, is a technology-based company engaged in the worldwide pursuit of archaeologically guided exploration and recovery of shipwrecks, primarily those from the 15th through 19th centuries. Our efforts are based on sound scientific, business, and ethical principles and practices. We use proven protocols to maximize efficiency and effectiveness while maintaining archaeological and environmental integrity of the site and its artifacts, in order to preserve cultural heritage, scientific information, and value of the recovered artifacts. We combine proprietary and unique sensors with state-of-the-art technologies to deploy efficient rapidly adaptable instrumentation systems for the location, recovery, and protection of maritime antiquities in an environmentally and ecologically responsible manner.
Our mission is to become a world leader in the exploration and recovery of historic shipwrecks, a pursuit, which is very small in terms of viable participants but very large in terms of potential profit.
UnderSea Recovery Corporation believes it will generate significant future revenues from two primary sources: (1) the sale and public exhibition of recovered items (some sales will be for bullion value and some sales will be for their much higher artifact and/or numismatic values) and (2) the sale of intellectual property rights, including documentaries, television specials, merchandise, books, and educational programs.
UnderSea Recovery Corporation is a Current Reporting Company trading under the symbol UNDR.