Geospace Technologies Secures $24 Million Contract with Dawson for Ultralight Seismic Land Nodes

Reuters
Aug 11
Geospace Technologies Secures $24 Million Contract with Dawson for Ultralight Seismic Land Nodes

Geospace Technologies Corporation and Dawson Geophysical Company have announced a significant new agreement, with Dawson purchasing Geospace's ultralight seismic land nodes, Pioneer™, valued at approximately $24 million. The Pioneer nodes, known for their lightweight and efficient design, offer superior data quality and are expected to enhance Dawson's operational efficiencies in seismic surveys. This strategic purchase aims to provide Dawson with a competitive edge in high-resolution, high channel count surveys. Deliveries of the Pioneer nodes are set to commence in the third quarter of 2025.

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