OYO Geospace (OYOG) Gets $14M for 13,000 Additional Wireless Signal Units, Equipment
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OYO Geospace (NASDAQ: OYOG) today announced it received a $14.0 million order from TGC Industries, Inc. (“TGC”) to purchase 13,000 additional single-channel wireless data acquisition units and related equipment. Upon delivery of this equipment by the company, TGC will own more than 45,000 single-channel Geospace wireless units. The company expects to deliver this equipment during its third fiscal quarter ending June 30, 2012.
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