MIND Technology’s Seamap Unit Receives $3.4 Million in Orders for BuoyLink GNSS Positioning Systems

MIND Technology, Inc., a leading provider of technology to various industries, including oceanographic, hydrographic, defense, seismic, and security, announced today that its Seamap unit has secured orders worth approximately $3.4 million for its BuoyLink GNSS positioning systems. The majority of these orders are expected to be fulfilled in the upcoming fiscal year.

Mark Welker, Vice President of MIND and Managing Director of Seamap, expressed his confidence in the growing acceptance of the BuoyLink system, stating that these new orders, along with previous ones, demonstrate a significant commitment from their customers. This further solidifies MIND’s position as a leader in both source and streamer GNSS positioning systems.

MIND Technology, headquartered in The Woodlands, Texas, operates globally with key locations in the United States, Singapore, Malaysia, and the United Kingdom. Seamap, a unit of MIND, specializes in designing, manufacturing, and selling high-performance marine exploration and survey equipment.

The company’s forward-looking statements emphasize their positive outlook for future results, financial position, business strategy, and plans. While management believes these statements are reasonable, they acknowledge the inherent risks and uncertainties that could impact actual results. MIND Technology remains committed to providing updates on any developments that may affect their operations.

For more information, please contact Rob Capps, President & CEO of MIND Technology, Inc., at 281-353-4475 or reach out to Ken Dennard and Zach Vaughan of Dennard Lascar Investor Relations at 713-529-6600 or MIND@dennardlascar.com.

About MIND Technology, Inc.:
MIND Technology, Inc. is a global provider of advanced technology solutions for the oceanographic, hydrographic, defense, seismic, and security industries. With a strong presence in key locations worldwide, MIND Technology continues to innovate and deliver specialized equipment to meet the evolving needs of its customers.

Source: MIND Technology, Inc.