Mind Technology rises as U.S. Navy places additional orders

Mind Technology

28/09/2022 16:30

** Shares of oceanographic tech maker Mind Technology
 MIND.O  jump 13% to 68 cents 
    ** Co announces additional orders from U.S. Navy for its
high-speed multibeam side scan sonar systems 
    ** Orders have total value of $1.3 million and will be
delivered by the end of fiscal year, MIND says
    ** Earlier this month, co reported smaller Q2 loss of 21
cents per share, compared with 24 cents a year earlier
 urn:newsml:reuters.com:*:nL8N30J4VC
    ** YTD, shares have been flat
 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com;))