THE WOODLANDS, Texas, Dec. 13, 2021 /PRNewswire/ — Head Technological know-how, Inc. (NASDAQ: Brain) (“Head” or the “Business”) is happy to announce these days that it has entered into a Cooperative Study and Enhancement Agreement (“CRADA”) with the United States Navy’s Naval Floor Warfare Center, Panama Town Division (NSWC PCD).
The CRADA, titled, “Sophisticated Mine Obtaining,” will let experts and engineers from Head and the US Navy to collaborate on optimizing the future generation of mine-searching sonar systems to ensure that they fit the needs of the warfighter.
Commenting on the arrangement, MIND’s Main Technology Officer, Andy Meecham, stated, “As a result of our subsidiary, Klein Marine Techniques, Head has a extended record of supporting the US Navy. I am thrilled that this CRADA will enable us to leverage the knowledge of the experts and engineers at NSWC PCD to offer progressive options to the warfighter, now and into the long term. This arrangement demonstrates our corporate focus on innovation and new know-how, which has shipped game-modifying abilities this sort of as our distinctive complete-swath MA-X™ sonars, will proceed to define the gold standard in underwater sensing.”
ABOUT Brain Technological know-how
Thoughts Technologies, Inc. presents technologies to the oceanographic, hydrographic, defense, seismic and stability industries. Headquartered in The Woodlands, Texas, Intellect has a world-wide existence with critical operating places in the United States, Singapore, Malaysia, and the United Kingdom. Its Seamap and Klein units, style and design, manufacture and promote specialized, superior overall performance, marine sonar and seismic equipment.
This release could consist of “forward-wanting statements” in the that means of federal securities guidelines. These forward-wanting statements are matter to a number of threats and uncertainties, lots of of which are outside of the Company’s management. All statements, other than historical points integrated in this release, are ahead-on the lookout statements. All forward-on the lookout statements communicate only as of the date of this launch and, other than as expected by regulation, the Company does not undertake any obligation to update or revise any forward-hunting statement, no matter if as a end