MIND (MIND)
Designs specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications.
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Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. As MIND Technology’s sole segment, it reflects the company’s shift from land-seismic equipment leasing to marine-technology manufacturing.
Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. It is MIND Technology’s sole reportable segment after the company exited land-seismic leasing and sold the Klein unit.
Operations span the United States, Singapore, Malaysia and the United Kingdom, with headquarters in The Woodlands, Texas. This footprint serves customers across multiple marine markets.
The business shifted from the earlier Mitcham Industries equipment-leasing model toward marine-technology manufacturing. Current operations depend on Seamap’s specialised equipment serving the cited marine industries and their specific technical needs worldwide.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 31, 2026Cash & short-term investments $15.8M · Total debt $839.0K · Total assets $46.7M · Shareholders' equity $40.3M
- Revenue
- $5.6M
- Operating income
- −$1.8M
- Net income
- −$1.7M
No dividends on record.
| Institutions | 14.34% | 1.30M shares | |
|---|---|---|---|
| 56 holders · as of Jun 30, 2026 | |||
| Other | 85.66% | 7.79M shares | |
| remainder | |||
9.09M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Vanguard Capital Management LLCInstitution | 4.11% | 373,107 | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 1.11% | 100,923 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 0.87% | 79,281 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 0.67% | 61,307 | as of Jun 30, 2026 |
Stratos Wealth Partners, Ltd.Institution | 0.65% | 59,203 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Geospace Technologies
Marine seismic nodes and streamer accessories for seismic acquisition
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MIND | $4.44 | +1.83% | $39.6M | — | — | 1.1 | −58.5% |
| Geospace Technologies | $5.20 | −2.72% | $69.1M | — | — | 0.8 | −36.4% |
| Median | — | — | 0.8 | −36.4% |



