Finalists for Subsea Expo Awards '24 Announced

The finalists for the 2024 Subsea Expo Awards have been announced ahead of the ceremony taking place in Aberdeen next month.Organized by Global Underwater Hub, the annual event will take place on Wednesday, 21 February at P&J Live.Fourteen companies have been shortlisted as finalists in the awards which celebrate the achievements of companies and individuals that are leading the way in the UK’s underwater sectors.

Hogan Retires from OceansAdvance

OceansAdvance, the voice of the Newfoundland and Labrador Ocean Technology Innovation Cluster, announced the retirement of Cathy Hogan, who has served as Executive Director for more than 20 years, and the appointment of Shelly Petten as the incoming leader, effective December 18, 2023.Hogan has played an instrumental role in the growth and success of OceansAdvance. Her commitment to student engagement…

Kraken Wins Seabed Survey Contract in Australia

Kraken Robotics Inc. will supply high-resolution seabed mapping sonar service to Precision Hydrographic Services (PHS), a customer supporting the Australian Department of Defence. The Australian Department of Defence has awarded PHS a program to collect Hydrographic High Resolution Route Surveys (RS) for a number of Australian ports. The purpose of the RS is to enable the collection of Maritime Geospatial…

DISCOVERY: High-Res Mapping Tech Helps Find New Hydrothermal Vent Field

Scientists use high-resolution mapping technologies to find new hydrothermal vents inside the Galápagos Marine Reserve, as well as 15 species not previously known to live within the region.A research team aboard Schmidt Ocean Institute’s research vessel Falkor (too) discovered a new high-temperature hydrothermal vent field that hosts several 10- to 15-meter-tall actively venting chimney clusters. The vent field…

Kraken Robotics Awarded Contract to Survey Buried Subsea Pipeline

Kraken Robotics has been awarded a contract for a specialized sub-seabed survey to map the exact location and integrity of buried pipelines.The contract, valued at $1 million, will be completed in the first half of 2024. It builds off a previous sub-seabed acoustic survey that Kraken completed last year.The new survey will utilize specialized magnetic surveying techniques combined with artificial intelligence (AI) and the previously acquired acoustic data set to image the buried pipelines.

Kraken Robotics Reports Strongest Quarter in History

Kraken Robotics has filed strong financial results for the third quarter ended September 30, 2023.“With Q3 being our strongest quarter in history and Q4 expected to show further improvement, we are on track to hit our financial guidance for 2023,” said Kraken President and CEO Greg Reid. “More importantly, we are confident that our momentum will continue in 2024 as our sonar and subsea power business…

Peter A. Hunter Replaces Larry Puddister on Kraken Robotics' Board

Canadian marine robotics firm Kraken Robotics has appointed Peter A. Hunter to its Board of Directors.Hunter replaces Larry Puddister, a long-time Kraken director who has resigned. "Mr. Puddister has other active business interests and has resigned from his board position with the Company to dedicate more attention to those interests," Kraken Robotics said,Hunter is the founder, Chairman, and Managing Partner of Artemis Capital Partners…

Kraken Robotics Supplies High-Resolution Seabed Mapping Sonar Solution to Australian Navy

Canadian marine robotics company Kraken Robotics said Monday it had supplied high-resolution seabed mapping sonar equipment to the Royal Australian Navy. Kraken delivered its KATFISH high-speed high-definition seabed awareness solution in Q2, and recently completed system integration and sea trials in Cairns, Australia. Kraken expects to provide additional in-service support including training, spares and operational support.

Kraken Robotics Secures Order for AquaPix MINSAS System for HII's REMUS 620 Medium Class UUV

Canadian marine robotics specialist Kraken Robotics has received an initial order for its AquaPix Miniature Synthetic Aperture Sonar (MINSAS) System for HII’s new REMUS 620 Medium Class UUV. "Synthetic Aperture Sonar is quickly becoming the tool of choice for mine countermeasure (MCM) operations due to its significantly increased resolution and higher area coverage rates compared to legacy side scan sonar," Kraken Robotics said.This order is valued at $1 million and will be fulfilled in 2024.

MTR100: Subsea Batteries

Subsea batteries are being configured to meet the demands of science and industry. In both cases, the aim remains to boost the endurance of underwater systems.Not that long ago, SubCtech claimed to be building the world’s largest and only Li-ion battery for subsea oil and gas applications - a 1MWh, 22-ton battery storage skid. The stakes are increasing in this upsizing market, with Kraken Robotics recently announcing an order for subsea batteries worth $16 million…

Kraken Robotics Secures $3M Offshore Wind Farm Survey Services Deal in Europe

Canadian marine robotics company Kraken Robotics Inc. said Thursday it had secured a $3 million contract to carry out boulder detection subsea survey services as part of an offshore wind farm project located in Europe.Kraken’s contract scope includes mobilization of a dedicated survey vessel, deployment of optimal sub-bottom survey equipment, and expert personnel to provide specialist engineering design support to de-risk the installation of the project’s two large offshore substations.

Kraken Robotics Appoints Adu as Head of Services Business

Canadian marine robotics company Kraken Robotics Inc. said Tuesday that Lynne Adu will take over leadership of Kraken’s Services business, expanding her current role as Vice President of Commercials at Kraken. In 2018, Adu joined PanGeo Subsea as General Manager and VP Commercial. Based in Aberdeen, Scotland, Adu has an MBA and more than 25 years of experience in a variety of management roles in offshore oil and gas and offshore services.Kraken is also announcing the retirement of Moya Cahill…

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.

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…

Kraken Robotics to Supply Seabed Mapping Sonar Equipment to a Navy in Asia-Pacific

Canadian marine robotics company Kraken Robotics has won a $9.5 million contract to supply high-resolution seabed mapping sonar equipment to a navy in Asia-Pacific. "The customer cannot be named at this time. Under the scope of the contract, Kraken will deliver its KATFISH™ high-speed minehunting solution. The contract also includes a variety of support and sustainment options, including training, spares and operational support…

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.

Kraken Robotics Wins $3M Order for SeaPower Subsea Batteries

Canadian subsea robotics firm Kraken Robotics has secured a $3 million order for its SeaPower subsea batteries from an unnamed client."Kraken’s SeaPower 6000-meter rated pressure tolerant batteries are based on Kraken’s unique pressure tolerant gel encapsulation technology for lithium polymer batteries," Kraken said.Kraken describes its batteries as "an attractively priced, environmentally friendly…

Kraken Wins $1.5m in SAS Orders for Defense Customer

Kraken Robotics announced $1.5 million in orders from a US defense customer for our AquaPix synthetic aperture sonars (SAS). These 6000-meter rated systems will be integrated to the customer’s Autonomous Underwater Vehicles (AUVs). Delivery is expected in 2023.

Kraken Robotics Earns Top Spot on TSX Venture Top 50 List

Kraken Robotics Inc. said that the Toronto Venture Stock Exchange has recognized Kraken Robotics as a 2023 Top 50 Company. Kraken placed first in the technology category. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth.“We are honored to be recognized as a Top 50 company within the Toronto Venture Stock Exchange," said Greg Reid, President and CEO of Kraken.

Kraken Update Progress on Subsea Laser Scanner Service Activities

Kraken Robotics' SeaVision 3D underwater laser scanning technology is primarily used in assisting the offshore energy sector to acquire quality subsea asset integrity information. Specific examples include providing measurements to help clients avoid unscheduled interruption of production and enabling reverse engineering of damaged subsea equipment to enable repairs in-place. During several recent offshore deployments…