Geospace Technologies Signs Deep Water Ocean Bottom Node Rental Contract With Estimated Value Of $7.3M

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Oct 20, 2022

Geospace+Technologies+Corporation (NASDAQ: GEOS) today announced an extended duration rental contract with an international marine geophysical services provider who will rent OBX+deep+water ocean bottom wireless seismic data acquisition nodes. Based on current contract terms, the value of the agreement is estimated at $7.3 million.