Kraken Robotics Inc. said its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a contract worth more than $2 million (US$1.6 million) for the delivery of advanced sensors, underwater robotics and software. Delivery of the entire contract is expected in 4Q 2017.
Karl Kenny, Kraken President and CEO said, “We’re delighted with this contract award from a highly valued customer. Over the past 18 months, Kraken has made a series of prudent investments in people and technology to advance the performance and affordability of our sensors and underwater robotics. It’s increasingly evident by our recent contract awards that these investments are paying off. The proven capabilities and reliability of our solutions provide our customers with a true technological edge for subsea survey applications in the Unmanned Maritime Vehicle (UMV) industry.”