Brief: Mind Technology Announces Sale Of Klein Unit

Mind Technology

22/08/2023 12:24

Aug 22 (Reuters) - Mind Technology Inc  MIND.O :
    * MIND TECHNOLOGY ANNOUNCES SALE OF KLEIN UNIT
    * MIND TECHNOLOGY INC: PROPOSED DEAL FOR CASH CONSIDERATION
OF
$11.5 MILLION
    * MIND TECHNOLOGY INC - HAS SOLD ITS KLEIN MARINE SYSTEMS
UNIT FOR
CASH CONSIDERATION OF $11.5 MILLION TO GENERAL OCEANS
    * MIND TECHNOLOGY- CO, GENERAL OCEANS ALSO ENTERED
COLLABORATION
AGREEMENT FOR DEVELOPMENT OF SPECTRAL AI, POTENTIALLY OTHER
SOFTWARE PROJECTS

Source text for Eikon:  ID:nPn2jdkpDa 
Further company coverage:  MIND.O 

 (Reuters.Briefs@thomsonreuters.com)