MIND Technology Announces $3.1M Source Controller Order By Investing.com

MIND Technology, Inc. (Nasdaq: MIND) announced today that its Seamap unit has received an additional order for a GunLink source control system for delivery later this fiscal year. The order has a total value of approximately $3.1 million.

Rob Capps, MIND’s President and Chief Executive Officer, stated, “As expected, we continue to see strong demand from marine survey companies for our Seamap product lines. Our backlog of orders for all our marine technology products totals approximately $22.6 million as of the end of our fiscal quarter ended April 30, 2023. We are pleased to see that we have been able to maintain this level of backlog.”