MIND Technology’s Seamap Unit Secures Orders Worth $0.8 Million from Fraunhofer IWES for Manta Ray G2 System

MIND Technology, a technology solutions provider for various industries, has announced that its Seamap unit has received orders worth $0.8 million from The Fraunhofer Institute for System IWES (“Fraunhofer IWES”). These orders are for hydrophone arrays and related equipment required for the Manta Ray G2 system and are expected to be delivered in fiscal 2024.

The Manta Ray G2 High-Resolution system has been specifically designed to detect and localize small-scale objects in marine sediments, such as glacial boulders. It uses a unique survey methodology developed by Fraunhofer IWES for the de-risking of construction sites. MIND Technology's President and CEO, Rob Capps, expressed excitement about being a part of the development of this advanced system.

MIND Technology, headquartered in The Woodlands, , operates globally and provides technology solutions to various industries, including oceanographic, hydrographic, defense, seismic, and security. Its Seamap and Klein units specialize in designing, manufacturing, and selling high-performance marine sonar and seismic equipment.

The company is committed to further developing and optimizing streamer technologies for application in the wind energy sector, a rapidly growing market that holds enormous potential for . With key operating locations in the , Singapore, Malaysia, and the United Kingdom, MIND Technology is well-positioned to meet the evolving needs of its clients around the world.

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