MIND Technology Expands Huntsville Facility

Rhea-AI Summary

MIND Technology (NASDAQ: MIND) has announced the completion of its manufacturing and repair facility expansion in Huntsville, Texas. The expansion aims to accommodate anticipated higher activity levels at the facility.

According to CEO Rob Capps, the expanded floor space and enhancements will enable MIND Maritime Acoustics, LLC to efficiently handle larger manufacturing and product repair projects. The increased capacity will support existing Seamap products, newly developed products, and third-party services.

Positive

• Facility expansion enables handling of larger manufacturing projects
• Enhanced capacity for product repair services
• Potential for increased third-party service revenue

Negative

• None.

News Market Reaction

+1.99%

1 alert

+1.99% News Effect

On the day this news was published, MIND gained 1.99%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

THE WOODLANDS, Texas, Aug. 6, 2025 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that it has completed an expansion of its manufacturing and repair facility in Huntsville, Texas.  The expansion is intended to facilitate anticipated higher levels of activity at this facility.

Rob Capps, President and CEO of MIND, stated, "We are excited about the expansion of our Huntsville facility and the opportunities it presents us. The additional floor space and other enhancements will allow our MIND Maritime Acoustics, LLC unit to efficiently take on significantly larger manufacturing and product repair projects.  We expect this increased activity will be in support of our existing Seamap products, newly developed products and services to third parties."

About MIND Technology

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

Forward-looking Statements

Certain statements and information in this press release may constitute "forward-looking statements" within 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.  The words "believe," "expect," "anticipate," "plan," "intend," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.  These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us.  While 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.  All 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.  Our 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' capital 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.

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.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof.  We 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.

Contacts:	Rob Capps, President & CEO
	MIND Technology, Inc.
	281-353-4475
	Ken Dennard / Zach Vaughan
	Dennard Lascar Investor Relations
	713-529-6600
	MIND@dennardlascar.com

 

View original content:https://www.prnewswire.com/news-releases/mind-technology-expands-huntsville-facility-302522397.html

SOURCE MIND Technology, Inc.

FAQ

What facility expansion did MIND Technology (NASDAQ: MIND) announce in August 2025?

MIND Technology announced the completion of its manufacturing and repair facility expansion in Huntsville, Texas, adding floor space and enhancements to handle larger projects.

How will the Huntsville facility expansion benefit MIND Technology?

The expansion will allow MIND Maritime Acoustics, LLC to efficiently handle larger manufacturing and product repair projects, supporting Seamap products, new products, and third-party services.

Where is MIND Technology's expanded manufacturing facility located?

MIND Technology's expanded manufacturing and repair facility is located in Huntsville, Texas.

What products will be supported at MIND Technology's expanded Huntsville facility?

The facility will support existing Seamap products, newly developed products, and provide services to third parties.