Admiralty Holding Company, a development stage company, through its subsidiaries, engages in locating and recovering valuable cargoes from historic shipwrecks. Its detection technology, ATLIS technology, which locates, quantifies, and differentiates precious metals in a marine environment. The company has strategic alliance with Georgia Tech Research Corporation for conducting research and development activities of its technology for use in locating unexploded land-based ordnance. The company was founded in 1988 and is based in Douglasville, Georgia.