-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001181431-09-027241.txt : 20090527
<SEC-HEADER>0001181431-09-027241.hdr.sgml : 20090527
<ACCEPTANCE-DATETIME>20090527151542
ACCESSION NUMBER:		0001181431-09-027241
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090527
DATE AS OF CHANGE:		20090527
EFFECTIVENESS DATE:		20090527

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ODYSSEY MARINE EXPLORATION INC
		CENTRAL INDEX KEY:			0000798528
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		IRS NUMBER:				841018684
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-79852-8A
		FILM NUMBER:		09854370

	BUSINESS ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607
		BUSINESS PHONE:		(813) 876-1776

	MAIL ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL CAPITAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000798528</cik>
        <entityName>ODYSSEY MARINE EXPLORATION INC</entityName>
        <issuerAddress>
            <street1>5215 West Laurel Street</street1>
            <street2></street2>
            <city>Tampa</city>
            <stateOrCountry>FL</stateOrCountry>
            <zipCode>33607</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>813-222-1198</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>UNIVERSAL CAPITAL CORP</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>NV</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gregory</firstName>
                <middleName>P.</middleName>
                <lastName>Stemm</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>D.</middleName>
                <lastName>Gordon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bradford</firstName>
                <middleName>B.</middleName>
                <lastName>Baker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>J.</middleName>
                <lastName>Bederman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>George</firstName>
                <middleName></middleName>
                <lastName>Knutsson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>J.</middleName>
                <lastName>Saul</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Laura</firstName>
                <middleName>L.</middleName>
                <lastName>Barton</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>J.</middleName>
                <lastName>Holmes</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>A.</middleName>
                <lastName>Morris</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jay</firstName>
                <middleName>A.</middleName>
                <lastName>Nudi</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 West Laurel St.</street1>
                <street2></street2>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1,000,001 - $5,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-05-22</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>5100000</totalOfferingAmount>
            <totalAmountSold>5100000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>3</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>true</authorizedRepresentative>
            <signature>
                <issuerName>Odyssey Marine Exploration, Inc.</issuerName>
                <signatureName>/s/ Michael J. Holmes</signatureName>
                <nameOfSigner>Michael J. Holmes</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2009-05-26</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
