Awarded $5.7 Million Sensor Contract
August 30, 2023 geospace
Geospace Technologies Corporation (NASDAQ: GEOS) today announced a $5.7 million contract with an international seismic contractor to deliver a significant number of specialized geophones designed for vibration monitoring in rugged environments.
The geophones will be produced in the company’s manufacturing facilities with deliveries expected to begin in January 2024. The specialized geophones will be used in the customer’s proprietary system for an advanced marine sensing application.
“The quality of our geophone products has fostered long-term relationships with repeat customers as is the case here where our miniature, high-definition geophones are a critical component of a solution offered by a longtime customer,” said Walter R. Wheeler, President and CEO, Geospace Technologies.