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GEOS - Geospace Technologies lands $20M contract extension for its Mariner product
Geospace Technologies Corporation
2023-06-27 16:49:09 ET
Geospace Technologies ( NASDAQ: GEOS ) said Tuesday that it extended the duration of rental contract with an international marine geophysical services provider for its new product, Mariner.
The contract for Mariner, which is a shallow water seabed wireless seismic data acquisition nodes, is expected to reach $20 million.
The delivery of Mariners will occur in Geospace’s first quarter of 2024.