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Geospace Technologies Corporation Acquires Quantum Technology Sciences

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Houston, Texas – July 30, 2018 – Geospace Technologies (NASDAQ: GEOS) today announced that it has acquired all of the outstanding common stock of Quantum Technology Sciences, Inc., a Florida-based tactical security and surveillance systems solutions provider (“Quantum”). Quantum’s operations will remain in Florida, performing as a wholly-owned subsidiary of Geospace Technologies Corporation. Quantum has more than 27 years as a U.S. Federal Contractor supporting Department of Defense, Department of Homeland Security, Department of Energy, and other agencies with geophysical sensing research and development. Quantum spent nearly a decade developing a proprietary detection system called SADAR®, the seismic-acoustic equivalent to…

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