Obituary: Karl Kenny, Founder, Kraken Robotics
in Newfoundland with a deep connection to the sea. Over his 45-year career in the marine technology industry, he led the development of a wide range of advanced marine technologies and products in Canada, the United States, and Europe. Karl spent time as a maritime surface officer with the Canadian Navy and was always involved in high technology. In the 1980’s, he was a part of the Microsoft mouse project team and in the 1990’s he formed Telepix, a leader in photo e-commerce solutions. He co-founded Marport Deep Sea Technologies Inc. in July 2003 and served as its President and CEO
Royal Canadian Navy Vessel to Visit Antarctica
On January 10, the Royal Canadian Navy’s HMCS Margaret Brooke departed Halifax, Canada, on an historic mission - the first circumnavigation of South America and first visit to Antarctica by a Royal Canadian Navy vessel.As part of Operation PROJECTION – South America, the Harry DeWolf-class Arctic Offshore Patrol Vessel (AOPV) will visit ports across South America to strengthen international relationships in collaboration with Global Affairs Canada. While in Antarctica, the ship will support Canadian scientific research, hosting a team of government scientists on board.The Navy says
Ship Design & Construction: Laurie Balan, COO, Genoa Design
, I returned to the Atlantic provinces and was introduced to the working world of naval architecture and marine engineering. Over the next decade or so, I was engaged in design work, engineering changes for ships in operations, so the maintenance of ships in service support programs, mainly for the Canadian Navy, the Canadian patrol frigates.After that [I transitioned] to newbuilds, as the national shipbuilding strategy took off and we started designing and building ships that were desperately needed in Canada.Today at Genoa, as the chief operating officer, I'm responsible for, of course, all the
Bill Sanson Joins LeeWay Marine as President
LeeWay Marine, a Dartmouth, Nova Scotia based owner and operator or survey and research vessels, announced Bill Sanson will be joining the team as President, taking on the day-to-day oversight of LeeWay operations.Sanson comes to LeeWay from the Royal Canadian Navy and brings a wealth of knowledge and expertise in the maritime domain. “With his extensive marine background, deep operational experience and fresh perspective, we’re confident Bill will be a tremendous asset to the LeeWay team.” said Jamie Sangster, CEO of LeeWay. “He’s an operator and a leader. He has been
Kraken Robotics Sees Strong Momentum Continuing
;s strongest quarter to date for both the product and service businesses.Revenue mix was 70% Product / 30% Service. Product revenue in the quarter was $19.6 million, an increase of 287% over the comparable quarter.The increase was the result of continued delivery of subsea batteries, work with the Canadian Navy on its Remote Minehunting and Disposal Systems program, the production of the company’s KATFISH product as well as the sale of Synthetic Aperture Sonar systems.Kraken is reiterating its 2024 financial guidance. For 2024, Kraken expects revenue between $90.0 million to $100.0 million and
Kraken Robotics Reports Strongest Quarter in History
quarter and was Kraken’s strongest revenue quarter to date. Revenue mix was 85% products / 15% services.• Product revenue in the quarter was $17.2 million, an increase of 126% over the comparable quarter. The increase was the result of continued sales of subsea batteries, work with the Canadian Navy on its Remote Minehunting and Disposal Systems (RMDS) program, the production of our KATFISH product as well as the sale of synthetic aperture sonar (SAS) systems. • Service revenue in the quarter was $3.2 million, a decrease of 32% over the comparable quarter due to a large Acoustic
Kraken Robotics Appoints Adu as Head of Services Business
, project management, business development, HSSE, and production. "As a global leader in the marine technology sector, Kraken has been attracting talent worldwide from notable companies and organizations such as Ultra Defense, Cenovus Energy, ExxonMobil, Mind Technologies, the Royal Canadian Navy, Turkish Navy, and Technip. As the market for naval defense technologies is seeing strong secular growth, Kraken has been building increased depth in our Business Development and Sales teams," Kraken said.Kraken said that commander Peter Kirkegaard would be migrating to Kraken’s sales
Kraken Robotics Reports Strong Q2
Kraken Robotics Inc. has announced solid financial results for the quarter ended June 30, 2023.Products revenue in the quarter was $10.5 million, an increase of 24% over the comparable quarter. The increase was the result of continued sales of KATFISH, subsea batteries, work with the Canadian Navy on its RMDS program as well as the sale of synthetic aperture sonar (SAS) systems. Services revenue in the quarter was $3.2 million, a decrease of 45% over the comparable quarter due to a large Acoustic Corer project in the comparable quarter a year ago. Sequentially, services revenues increased 41%
Kraken Wins $50+ Million Contract for Royal Canadian Navy Minehunting
acquisition program followed by an initial five-year Integrated Logistics Support (ILS) program, which includes options for additional equipment, spare parts, training, and technical support.Under the program, Kraken will deliver remote minehunting and disposal systems to His Majesty’s Royal Canadian Navy on the East Coast (located in Halifax, Nova Scotia) and the West Coast (located in Esquimalt, British Columbia). The RMDS consists of two classes of Autonomous Underwater Vehicles (AUVs): Light Weight AUVs and Operator Portable AUVs, all of which will be equipped with Kraken’s AquaPix synthetic
February 2025
