Announcement • May 15
Seafarer Exploration Announces Full Deployment of Sand Shark Handheld Device Following Successful Field Testing Seafarer Exploration announced the release and field validation of its Sand Shark™? handheld metal discriminator. Following rigorous laboratory and real-world field testing, the Sand Shark™? is now the newest operational tool in Seafarer's custom-developed intellectual property (IP) tool suite. Originally designed for the shallower, calmer conditions of Melbourne Beach, Florida -- operating with a connected surface antenna -- the SeaSearcher system has continually evolved to meet the dynamic needs of deep-water operations. In response to the environment at Juno Beach, Florida, where divers encounter regular strong currents at depths exceeding 90 feet, the Seafarer team adapted the SeaSearcher's capabilities to create the Sand Shark™?, specifically engineered to withstand these conditions without sacrificing the precision discrimination of metal targets. The Sand Shark™? is a handheld version of the SeaSearcher metal discriminator, featuring a real-time display that leverages advanced signal processing methods and algorithms within a custom-built hardware platform. Accurate and reliable metal discrimination in a handheld device improves search efficiency under low visibility as well as high current conditions where deployment of a larger or autonomous device is not practical. Seafarer's SeaSearcher technology represents a shift in underwater rescue archaeology by significantly increasing the speed and accuracy of identifying historically significant artifacts while improving the cost efficiency of marine operations. By reducing the need for mass excavation, it also maximizes site integrity. Building on this foundation, the Sand Shark™? handheld delivers further advancements in operational capabilities. By providing divers with immediate, actionable feedback in the field, the handheld system enhances operational efficiency, precision targeting, and resource allocation, further accelerating the discovery process while preserving the integrity of archaeological excavations. This milestone demonstrates Seafarer's ongoing commitment to pioneering new solutions that enhance marine exploration efforts while protecting the historical integrity of submerged cultural resources. Seafarer's expanding IP portfolio and technology deployments are designed to enable highly selective, efficient recovery efforts while advancing the science of underwater rescue archaeology. Announcement • Mar 29
Seafarer Exploration Corp. Announces Renewal of Melbourne Beach Shipwreck Site Permits Through 2027 Seafarer Exploration Corp. announced the renewal of two important permits, 1A-31 Exploration Permit No. 2016.05 and 2014.04, in Melbourne Beach, Florida. These two permit areas along the coastline North of the Sebastian Inlet contain material from at least two colonial-era shipwrecks. These permits, along with their amendments, allow Seafarer to continue resolving these sites, recover diagnostic artifacts, and perform test excavations at the "Ring Site" shipwreck. The Florida Bureau of Archaeological Research entered into the renewal of these permits, allowing Seafarer Exploration Corp. to press forward with its mission to rescue the maritime history buried beneath the waves. In addition to these recently renewed permits, which are effective until March 2027, Seafarer's Department of Environmental Protection (DEP) Easement "permit" and the United States Army Corps of Engineers (USACOE) permit remain valid through June of 2025, providing a solid foundation for Seafarer's exploration and conservation efforts. This significant milestone comes after nearly three years of negotiations with the State of Florida and represents a pivotal moment for the company's continued archaeological work at these historic shipwreck sites. Announcement • May 16
Seafarer Exploration Corp. announced delayed 10-Q filing On 05/15/2023, Seafarer Exploration Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 
