THE WOODLANDS, Texas, July 19, 2021 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or "the Company") today announced that its Seamap unit has received new orders totaling approximately $4.1 million for source controller and GNSS positioning systems. Deliveries of the related products are expected to occur in the third and fourth quarters of the current fiscal year.
Guy Malden, MIND Co-CEO, commented, "We are pleased to add these orders to our backlog as demand in the marine exploration market remains positive, particularly for our marine source controller systems. We expect further order activity in this area as the year progresses."
About MIND Technology
MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom. MIND's worldwide Marine Technology Products segment, which includes its Seamap and Klein Marine Systems units, designs, manufactures and sells specialized, high performance, marine sonar and seismic equipment.
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Rob Capps, Co-CEO
MIND Technology, Inc.
Ken Dennard / Zach Vaughan
Dennard Lascar Investor Relations
SOURCE MIND Technology, Inc.