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Kitron and Magseis ASA have entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth.
Magseis is a Norwegian geophysical company founded in 2009, specialising in OBS (Ocean Bottom Seismic) acquisition. Magseis has developed their proprietary, autonomous MASS nodes and fully automated handling system, which is used to acquire high quality seismic data for clients. The OBS market is in steady growth and the demand for OBS nodes is increasing.
Based on Kitron's experience and capacity, Magseis has awarded Kitron a contract to supply electronics, high-level assembly and system testing of the MASS nodes. Production will take place at Kitron's plant in Arendal, Norway, and the contract is valid for 3 years with an option to extend.
"This contract provides renewed growth in Kitron's Offshore/Maritime market sector. There are several opportunities between our two companies beyond the agreement that has just been signed, and the cooperation will strengthen Kitron's position as one of Scandinavia's leading EMS companies," said Israel Losada Salvador, COO and sales director of Kitron.
Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Energy/Telecoms, Industry, Defence, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 2,4 billion in 2017 and has about 1,450 employees. For more information, click here.