THE WOODLANDS, Texas,
March 25, 2020 /PRNewswire/ --
Mitcham Industries, Inc. (Nasdaq: MIND) ("Mitcham" or the
"Company") announced today that its Klein Marine Systems unit has
recently delivered the first micro-MA-X ("µMA-X System™") in
support of US NAVY Next Generation Small-Class Unmanned Undersea
Vehicle ("UUV") evaluation sponsored by the Defense Innovation Unit
("DIU"). DIU is a defense organization focused exclusively on
fielding and scaling commercial technology across the U.S. military
to help solve critical problems.
The µMA-X system is the first in a series of new imaging
products based on Klein's previously announced MA-X™ technology and
designed for both commercial and military unmanned vehicle
markets. The reduced size and power requirements of
the µMA-X system make it an ideal payload for the rapidly
growing UUV market. MA-X technology represents a high
quality, cost-effective nadir imaging solution that has long been
sought by the industry. Traditional side scan sonar imaging
creates a nadir gap directly under the path of the vehicle.
The µMA-X system fills that gap, when paired with conventional side
scan, eliminating the need for additional time for overlapping
survey lines to achieve 100% coverage. For UUVs, this
translates into extended mission duration, or shorter time to cover
the same area. One of the key discriminators of the µMA-X,
particularly for the defense sector, is the ability to produce
high-quality imagery of the nadir area that is comparable to the
traditional side scan images. This allows for the data
acquired by the system to be fed directly into existing automatic
target recognition ("ATR") software allowing for automated
detection and recognition of targets of interest.
"The µMA-X system is the result of a fast-tracked,
internally-funded development, and we are very excited to have the
US NAVY evaluate its effectiveness for the Maritime Expeditionary
Mine Countermeasures Unmanned Undersea Vehicle program," said
Guy Malden, Co-CEO of Mitcham.
"We consider the US NAVY to be an excellent reference customer and
our team has worked hard to meet their expectations."
About Mitcham Industries
Mitcham Industries, Inc. provides technology to the
oceanographic, hydrographic, defense, seismic and security
industries. Headquartered in The Woodlands, Texas, Mitcham has a global
presence with operating locations in the
United States, Canada,
Singapore, Malaysia, Hungary, Colombia and the United Kingdom. Mitcham's worldwide Marine
Technology Products segment, which includes its Seamap and Klein
Marine Systems units, designs, manufactures and sells specialized,
high performance, marine sonar and seismic equipment. Through
its Equipment Leasing segment, Mitcham believes it is the largest
independent provider of exploration equipment to the seismic
industry.
Contacts:
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Rob Capps,
Co-CEO
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Mitcham Industries,
Inc.
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936-291-2277
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Ken Dennard / Zach
Vaughan
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Dennard Lascar
Investor Relations
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MIND@dennardlascar.com
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713-529-6600
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SOURCE Mitcham Industries, Inc.