Geospace Subsidiary Quantum Technology Sciences Awarded U.S. Homeland Security Contract
Geospace Technologies Corporation (GEOS)
Last geospace technologies corporation earnings: 5/4 05:01 pm
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that its subsidiary Quantum Technology Sciences, Inc. was awarded a $10M contract to provide a technology solution to the Department of Homeland Security under a new contract for U.S. Customs and Border Protection (CBP) U.S. Border Patrol. This procurement specifically pursues technologies developed by Quantum under the Small Business Innovative Research (SBIR) program, for which the company’s technology achieved a Phase III designation and corresponding exclusive data rights with the United States government.Under the SBIR program, Quantum spent nearly a decade developing a proprietary detection system. This technology detects, identifies, locates, and follows activities of interest in real-time. In 2018, Geospace acquired Quantum to further diversify the business outside oil and gas. The combined strengths of large-scale acquisition systems and sophisticated analytics have been integrated into a next
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GEOS
News
- Geospace Technologies Co. (NASDAQ: GEOS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Geospace Technologies Co. (NASDAQ: GEOS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Geospace Technologies Corporation's (NASDAQ:GEOS) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong? [Yahoo! Finance]Yahoo! Finance
- Geospace Technologies Co. (NASDAQ: GEOS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Geospace Technologies Releases Lightweight, Long Lasting Land Seismic Data Acquisition Node [Yahoo! Finance]Yahoo! Finance
GEOS
Sec Filings
- 2/27/24 - Form 4
- 2/26/24 - Form 4
- 2/21/24 - Form 4/A
- GEOS's page on the SEC website