After a hiatus, Sindri's basketball department was re-started in 2005 with the arrival of Arnar Guðjónsson and Skúli Ingibergur Þórarinsson.[3] On April 14, 2018, Sindri won Division II and achieved promotion to Division I.[4] In May 2018, the club hired Mike Smith, the former assistant coach of the Luxembourg men's national basketball team, as their head coach.[5] On 1 February 2019, the team parted ways with Smith after the team winning only 1 if its 15 games. Skúli Ingibergur Þórarinsson took over from Smith on interim basis.[6] In June 2021 the club hired former Úrvalsdeild Karla Coach of the YearIsrael Martín as head coach.[7]