
Australia on Wednesday awarded Fugro the lead commercial contract for the search, after months of hunting by up to two dozen countries revealed no trace of the missing Boeing 777.
Investigators say what little evidence they have to work with suggests the aeroplane was deliberately diverted thousands of kilometres before eventually crashing into the Indian Ocean off the coast of Western Australia.
The next phase of the search is expected to start within a month and take up to a year, focussing on a 60,000 sq km patch of ocean some 1,600 km west of Perth.
Australian Transport Minister and Deputy Prime Minister Warren Truss said Fugro was selected after "offering the best value-for-money technical solution" for the seafloor search.
"I remain cautiously optimistic that we will locate the missing aircraft within the priority search area," he told reporters in Canberra.
Fugro will use two vessels equipped with towed deep water vehicles carrying side scan sonar, multi beam echo sounders and video cameras to scour the seafloor, which is close to 5,000 m deep in places. Fugro will spend more than $52 million in the next year in the search for MH370.
The Dutch company is already conducting a detailed underwater mapping of the search area, along with a Chinese naval vessel.
"We haven't completed the mapping, so we are still discovering detailed features that we had no knowledge of, underwater volcanoes and various other things," said Martin Dolan, the head of the Australian Transport Safety Board, which is heading the search.