{"id":858870,"date":"2025-06-10T07:19:06","date_gmt":"2025-06-10T11:19:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-source-controller-order\/"},"modified":"2025-06-10T07:19:06","modified_gmt":"2025-06-10T11:19:06","slug":"mind-technology-announces-source-controller-order","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-source-controller-order\/","title":{"rendered":"MIND Technology Announces Source Controller Order"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n THE WOODLANDS, Texas<\/span>
\n <\/span>, June 10, 2025<\/span><\/span> \/PRNewswire\/ — MIND Technology, Inc. (“MIND” or the “Company”) (Nasdaq: MIND) announced today that its Seamap unit has received an order for a GunLink source controller and associated equipment from Sanco Holdings A\/S. The value of the order, which is expected to be delivered in this fiscal year, is in excess of $4.0 million<\/span>.<\/p>\n

\n Mark Welker<\/span>, Vice President of MIND and Seamap Managing Director, stated, “We’re pleased to be able to support Sanco in this project.\u00a0 Demand for our source controller technology continues to be strong as we see a number of opportunities for the remainder of our current fiscal year and beyond.”<\/p>\n

\n About MIND Technology<\/b>\n <\/p>\n

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.\u00a0 Headquartered in The Woodlands, Texas<\/span>, MIND has a global presence with key operating locations in the United States<\/span>, Singapore<\/span>, Malaysia<\/span>, and the United Kingdom.\u00a0 Its Seamap unit designs, manufactures and sells specialized, high performance, marine exploration and survey equipment.\u00a0<\/p>\n

\n
\n
\n Forward-looking Statements<\/u>
\n <\/i>
\n <\/b>\n <\/p>\n

\n Certain statements and information in this press release may constitute\u00a0<\/i>“forward-looking statements<\/i>“\u00a0within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, our objectives for future operations, future orders and anticipated delivery of existing orders, and future payments of dividends are forward-looking statements.\u00a0<\/i>\u00a0The words\u00a0<\/i>“believe,<\/i>”\u00a0“expect,<\/i>”\u00a0“anticipate,<\/i>”\u00a0“plan,<\/i>”\u00a0“intend,<\/i>”\u00a0“should,<\/i>”\u00a0“would,<\/i>”\u00a0“could<\/i>“\u00a0or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.<\/i>\u00a0\u00a0These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us.<\/i>\u00a0\u00a0While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate.<\/i>\u00a0\u00a0All comments concerning our expectations for future revenues and operating results are based on our forecasts of our existing operations and do not include the potential impact of any future acquisitions or dispositions.<\/i>\u00a0\u00a0Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. These risks and uncertainties include, without limitation, reductions in our customers<\/i>‘\u00a0capital budgets, our own capital budget, limitations on the availability of capital or higher costs of capital, volatility in commodity prices for oil and natural gas.<\/i><\/p>\n

\n For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.<\/i>\n <\/p>\n

\n Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof.<\/i>\u00a0\u00a0We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, unless required by law, whether as a result of new information, future events or otherwise. All forward-looking statements included in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to herein.<\/i><\/p>\n

\n\n\n\n\n\n\n\n\n\n
\n

\n Contacts:<\/span>\n <\/p>\n<\/td>\n

\n

\n Rob Capps, President & CEO<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n MIND Technology, Inc.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 281-353-4475<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Ken Dennard \/ Zach Vaughan<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n Dennard Lascar Investor Relations<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 713-529-6600<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n MIND@dennardlascar.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/mind-technology-announces-source-controller-order-302475551.html<\/a><\/p>\n

SOURCE MIND Technology, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire THE WOODLANDS, Texas , June 10, 2025 \/PRNewswire\/ — MIND Technology, Inc. (“MIND” or the “Company”) (Nasdaq: MIND) announced today that its Seamap unit has received an order for a GunLink source controller and associated equipment from Sanco Holdings A\/S. The value of the order, which is expected to be delivered in this fiscal year, is in excess of $4.0 million. Mark Welker, Vice President of MIND and Seamap Managing Director, stated, “We’re pleased to be able to support Sanco in this project.\u00a0 Demand for our source controller technology continues to be strong as we see a number of opportunities for the remainder of our current fiscal year and beyond.” About MIND Technology MIND Technology, Inc. provides technology … <\/p>\n

Continue reading “MIND Technology Announces Source Controller Order”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-858870","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMIND Technology Announces Source Controller Order - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-source-controller-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MIND Technology Announces Source Controller Order - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire THE WOODLANDS, Texas , June 10, 2025 \/PRNewswire\/ — MIND Technology, Inc. (“MIND” or the “Company”) (Nasdaq: MIND) announced today that its Seamap unit has received an order for a GunLink source controller and associated equipment from Sanco Holdings A\/S. The value of the order, which is expected to be delivered in this fiscal year, is in excess of $4.0 million. Mark Welker, Vice President of MIND and Seamap Managing Director, stated, “We’re pleased to be able to support Sanco in this project.\u00a0 Demand for our source controller technology continues to be strong as we see a number of opportunities for the remainder of our current fiscal year and beyond.” About MIND Technology MIND Technology, Inc. provides technology … Continue reading "MIND Technology Announces Source Controller Order"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-source-controller-order\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-10T11:19:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA05026&sd=2025-06-10\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MIND Technology Announces Source Controller Order\",\"datePublished\":\"2025-06-10T11:19:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/\"},\"wordCount\":584,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DA05026&sd=2025-06-10\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-source-controller-order\\\/\",\"name\":\"MIND Technology Announces Source Controller Order - 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