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New Wave Media

August 31, 2023

Kraken inks $2.7m in Sonar, Subsea Battery Contracts

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) received contracts totalling $2.7m for subsea batteries and synthetic aperture sonar systems (SAS). The SAS sensor contracts represent two new customers, continuing the growth of Kraken's list of users. One customer is a European Research Institute operating next-generation AUVs, and the other is a NATO member country in underwater defense applications. Deliveries will occur in 2024.

MTR’s 'Hydrographic' edition focuses on the tools and techniques being deployed to extract and use information from the world’s waterways.
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