MIND Technology Sees Boost with New Source Controller Orders
MIND Technology Welcomes New Orders for Source Controllers
MIND Technology, Inc. has recently announced a notable achievement that indicates robust demand for its innovative products. The company's Seamap division has secured an impressive order for their GunLink source controller, valued at approximately $5.1 million. Overall, since a notable date recently, they have amassed orders totaling around $7.9 million.
Positive Market Demand for GunLink Source Controllers
Mark Welker, who serves as the Vice President of MIND Technology and Managing Director of Seamap, expressed strong confidence in the growing market demand. He shared insights into the significance of these orders, stating, "We are seeing strong demand for our GunLink source controllers. These most recent orders indicate the continuing demand across our family of source controller products." He further mentioned that some orders are expected to be delivered in the current fiscal year, while the majority will extend into the next fiscal year.
Anticipating Promising Opportunities Ahead
According to Welker, MIND Technology is not only focused on the orders currently in hand but is actively pursuing several significant opportunities that they are optimistic about bringing to fruition soon. Such proactive engagement places MIND Technology in a favorable position for the remainder of the fiscal year and into the coming years.
About MIND Technology
MIND Technology, Inc. is a key player in providing advanced technology for various industries, including oceanographic, hydrographic, defense, seismic, and security sectors. The company has established itself as a global entity, with its headquarters located in The Woodlands, Texas, alongside significant operational locations across multiple countries, including Singapore, Malaysia, and the United Kingdom. MIND's Seamap division is renowned for designing and manufacturing superior marine exploration and survey equipment.
Contact Information for MIND Technology
Individuals or entities interested in further details regarding MIND Technology are encouraged to reach out to their leadership team. Rob Capps serves as the President & CEO, bringing extensive experience to the table. For any inquiries, MIND Technology can be contacted directly at 281-353-4475. Investor relations are managed by Ken Dennard and Zach Vaughan of Dennard Lascar Investor Relations, who can be reached at 713-529-6600.
Frequently Asked Questions
What recent orders did MIND Technology announce?
MIND Technology announced an order for a GunLink source controller valued at approximately $5.1 million, contributing to a total of $7.9 million in recent orders.
Who is the Managing Director of Seamap?
Mark Welker serves as the Vice President of MIND Technology and the Managing Director of Seamap.
What sectors does MIND Technology serve?
MIND Technology serves the oceanographic, hydrographic, defense, seismic, and security sectors.
Where is MIND Technology headquartered?
The company's headquarters is located in The Woodlands, Texas.
Who can I contact for investor relations?
Investors can contact Ken Dennard and Zach Vaughan at Dennard Lascar Investor Relations at 713-529-6600 for inquiries.
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