Karl Kenny News

(File photo: Kraken)

Kraken Reports 126% Revenue Jump in 2019

delivery of a $9 million order for SeaPower batteries to Ocean Infinity in the second half of the year; the delivery of a KATFISH system in the second quarter of 2019 as well as delivery of sensors to multiple customers, the company said.“2019 was an extremely busy year for Kraken,” said Karl Kenny, Kraken’s President and CEO. "We are delighted to have generated positive Adjusted EBITDA in 2019 and continue to invest in our people and infrastructure to be able to scale our business and execute on some significant contract pursuits that are in our pipeline.”Adjusted EBITDA

Kraken's SeaVision 3D Underwater Laser Scanner integrated onto the Greensea Hull Crawler, with foam to maintain neutral buoyancy (Photo: Kraken)

Kraken, Greensea Partner to Advance Marine Robotics

of Kraken’s technology platforms.The companies have worked together over the last 12 months to utilize Greensea's OPENSEA open architecture robotic platform and provide a robust, modular and extensible software architecture for Kraken’s autonomous underwater vehicles and towed systems.Karl Kenny, Kraken’s President & CEO, said, “We originally began working with Greensea in 2018, when we were looking to expand the capabilities of our ThunderFish AUV platform. Throughout that project, I was very pleased to observe how well our teams worked together, the synergies between

Kraken’s KATFISH system back onboard after completing Phase 1 of offshore survey work under the OceanVision project. Photo: Kraken

Kraken Debuts Ultra High Def Upgrade for AquaPix Imaging Sonars

a practical resolution of 2 cm with a Commercial-Off-The-Shelf (COTS) Synthetic Aperture Sonar (SAS), Kraken’s AquaPix MINSAS.“For demanding subsea survey missions in mine countermeasures, infrastructure monitoring and oil & gas exploration; data quality is of the essence," said Karl Kenny, Kraken’s President & CEO. "The sensor that gets the job done most effectively is one that combines Ultra High Definition (Ultra HD) imagery with an extremely high area coverage rate.  Kraken’s latest development, the next generation AquaPix Ultra HD processing software

Kraken President & CEO, Karl Kenny (Photo: Eric Haun)

Kraken Finalizes OceanVision Contract

key enabling technologies (unmanned maritime vehicles, advanced sensors, robotics, autonomous systems, big data machine learning and predictive analytics) to deploy innovative technology platforms across ocean sectors and extend the global reach and market opportunities for Kraken and our partners.Karl Kenny, Kraken's President & CEO said, "We are excited to finalize the contracting stage for our OceanVision project. We have made significant investments since the initial announcement in June 2019 and look forward to development of new technologies that will be incorporated into our robotics

(Image: Kraken)

Kraken Wins Canadian Government Contract

complex machine learning and artificial intelligence algorithms used for analytics. SeaVision simplifies creating dynamic digital models of subsea physical assets and systems. This helps build and operate digital twin applications to gain knowledge and insights about performance of future operations.Karl Kenny, Kraken President & CEO said, “In subsea inspection applications such as offshore wind, subsea oil and gas and underwater archaeology, we believe that a self-contained, motion-corrected 3D laser scanner on a small powerful ROV offers a significant competitive advantage to what currently

(Image: Kraken)

Kraken to Equip JetMaster Robots

2019, is a new product, MPI believes it will purchase at least $2 million worth of Kraken thrusters per year going forward.In addition, the companies expect to partner on further developments in the aquaculture industry that may require batteries and underwater charging products from Kraken Power.Karl Kenny, Kraken’s President and CEO, said, “While best known for pressure tolerant batteries, Kraken Power’s rim driven thruster products have been sold to a variety of commercial, defense, and research customers over the last 10 years. Kraken is excited to partner with MPI, a world leader

Ocean Infinity’s Kongsberg Hugin AUVs powered by four, 20 kWh Kraken batteries for a total of 80 kWh per vehicle. (Photo: Kraken Robotics)

Kraken Gives Ocean Infinity AUVs an Energy Boost

provides an attractively priced, more environmentally friendly, and superior alternative to the oil compensated batteries currently used for subsea battery applications. Kraken’s hot swappable batteries are modular and include an integrated battery management system within each battery module.Karl Kenny, Kraken’s President and CEO, said, “We are very pleased to support Ocean Infinity’s AUV fleet battery upgrade. We started this new development effort in Q3, 2018, and our teams in Germany and Canada have worked tirelessly to deliver for Ocean Infinity. By the end of this year

Kraken’s KATFISH high speed Synthetic Aperture Sonar towfish will be used to acquire ultra-high definition seabed images and bathymetry during the OceanVision project. (Photo: Kraken Robotics Inc.)

Kraken Launches OceanVision Project

will be the inspection, repair and maintenance (IRM) segments for offshore oil and gas and wind industries, OceanVision will also address the requirements of other stakeholders in the fisheries, aquaculture, ocean science and underwater defense industries, Kraken said.Kraken’s President and CEO Karl Kenny said, "OceanVision will result in an end-to-end digitalization solution offering advanced sensors, robots and data analytics as a turnkey service for imaging and mapping of the seafloor as well as seabed assets and infrastructure. Today, high fidelity data is an absolute requirement for coherent

(Photo: Andrew Edwards, Kraken Robotics)

Kraken's OceanVision Moving Ahead

, strategic partners and government agencies.Kraken, which is aiming to complete the contracting process with all project participants by the end of the third quarter of 2019, has said it believes the project could grow as additional stakeholders, technologies and products are added to the project scope.Karl Kenny, Kraken's President & CEO said, "OceanVision is a unique business model, offering a combination of sensors, underwater robots, cloud computing and artificial intelligence. Under OceanVision, clients do not need to purchase expensive data acquisition hardware and analytics. Instead

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