Getech has won a new contract with a total value of $600k. The Company has signed a contract for delivery from its recently upgraded US gravity dataset at a price of $600k. The data are for immediate delivery and all the income will be recognised in the current financial year.
The US gravity data business, including the earlier version of the dataset, was acquired from Lisle Gravity Inc in December 2008. In 2012 and 2013, in a technically complex project, Getech applied the skills it has acquired over more than twenty years as a leading interpreter of gravity and magnetic data, and reprocessed the entire dataset to generate the current upgraded version. This comprises more than 3.4 million proprietary gravity stations.