MIND TECHNOLOGY, INC
Close on Oct 19, 2026
- Market cap
- $38.36M
- P/E (TTM)
- –
- Dividend yield
- –
About Mind Technology
Search, Detection, Navigation, Guidance, Aeronautical Sys, SIC 3812
MIND Technology, Inc. provides proprietary technologies to the oceanographic, hydrographic, seismic, and maritime security sectors. The company operates through a single business segment, Seamap, which designs, manufactures, and markets marine seismic equipment alongside spare parts and support services such as training, repairs, and field operations. Key product lines include GunLink energy source controllers, BuoyLink positioning systems, Sleeve Gun energy sources, and SeaLink towed marine sensors and streamer systems. Its customer base consists of marine survey businesses, seismic contractors, research institutions, port facility operators, offshore installation operators, and non-military government agencies.
Headquartered in The Woodlands, Texas, the company conducts global operations with primary facilities situated across the United States, the United Kingdom, Singapore, and Malaysia. It maintains manufacturing, assembly, engineering, or repair sites in Huntsville, Texas, as well as in Singapore, the United Kingdom, and Malaysia. As of January 2026, MIND Technology employed approximately 157 full-time personnel to support its international manufacturing and service activities.
Summary of the business section of Mind Technology's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MIND TECHNOLOGY, INC
- Founded
- 1987
- Headquarters
- The Woodlands, TX
- Address
- 2002 Timberloch Place, Suite 400 77380-1187
- Phone
- (281) 353-4475
- Website
- mind-technology.com
- Employees
- 157, Jan 31, 2026
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys
- Incorporated in
- Delaware
- Fiscal year ends
- January 31
- Auditor
- Baker Tilly US, LLP, Houston, Texas
Stock & identifiers
- Ticker
- MIND
- Exchange
- Nasdaq
- Shares outstanding
- 9M, Sep 8, 2026
- Public float
- $73.72M, Jul 31, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-9.75 reverse, Dec 14, 2023; 1-for-10 reverse, Oct 16, 2023; 1-for-10 reverse, Oct 13, 2023
- SEC CIK
- 926423
- CUSIP
- 602566309
- ISIN
- US6025663096
- LEI
- 549300JBV7RJ5ZY83U38
- EIN
- 76-0210849
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mark Alan Cox | CFO | – |
| Robert P. Capps | President and CEO | 61,930 |
| Alan Perry Baden | Director | 5,500 |
| Thomas S. Glanville | Director | 20,500 |
| William Hunter Hilarides | Director | 15,500 |
| Peter H. Blum | Director | 34,805 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Robert P. Capps | $815.49K | $748.06K | $702.13K | $133 | – |
| FY2025 Robert P. Capps | $678.29K | $933.93K | $541.51K | $147 | – |
| FY2024 Robert P. Capps | $298.43K | $289.66K | $267.23K | $91 | – |
| FY2023 | $347.20K | $303.70K | $301.05K | $31 | – |
| FY2022 | $347.82K | $297.71K | $350.00K | $64 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 31, 2026, we employed approximately 157 people on a full-time basis, none of whom were represented by a union or covered by a collective bargaining agreement.”
Corporate history
Events identified from SEC filings