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New Wave Media

May 17, 2023

Kraken Robotics Wins $16m Order for SeaPower Batteries

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), has received a purchase order for subsea batteries valued at $16 million. Deliveries will occur in 2023 and 2024. The purchase order includes a significant advance payment. With this order Kraken has now received more than $30 million of purchase orders in the last six months for its SeaPower subsea batteries. Since the beginning of 2022, Kraken has announced more than $120 million of contracts.

August marks the annual hydrographic e-magazine and the opportunity to highlight some of the global research underway in our world’s oceans. We explore hydrographic data, climate simulations, subsea networks and cybersecurity, camera technology, autonomous operations, sonar and survey solutions, as well as ROVs.
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