Kraken Scores a Pair of Contract Wins

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced an order for 1,000-meter rated AquaPix MINSAS 60 sonar from a new South Korean customer for use in a military application. The order is valued at $300,000 and will be delivered in 2022. Due to customer confidentiality, Kraken cannot provide more details at this time.Kraken’s AquaPix MINSAS is an off the shelf configurable SAS which replaces high end sidescan systems at an affordable price…

Kraken Scores $7.1 Million of Contracts for Offshore Subsea Inspections

Canadian marine technology company Kraken Robotics's subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund.The combined projects, valued at $9.2 million, will be executed from Q4 2021 through Q4 2022. Kraken and PanGeo’s inspection and survey platforms will assist the offshore energy sector to acquire better…

Kraken Wins Robotics as a Service (RaaS) Contract from Government of Canada

Kraken Robotics Inc. signed a Robotics as a Service (RaaS) contract with the Canadian government for testing of Kraken’s ultra-high resolution survey equipment with the Royal Canadian Navy (RCN). This $500,000 contract is funded under the Canadian government’s Innovative Solutions Canada program, and the testing department for this service offering is the RCN’s Fleet Diving Unit Atlantic (FDU-A) based in Halifax, Nova Scotia.

Kraken Receives $765K Sensor Order

Kraken Robotics announced an order for an AquaPix MINSAS 120 sonar system from a "Fortune 500 company" with activities in the defense sector. Total contract value is approximately $765,000. This is a new Kraken customer and due to the nature of this customer’s business, Kraken cannot disclose further details. The company expects to fulfill this order in Q1/2022.

Ocean SuperCluster to Provide $2 Million for GeoScan Wide Area Acoustic Corer

Canadian marine technology company Kraken Robotics Inc. on Thursday announced that its wholly owned subsidiary PanGeo Subsea Inc. has secured $2 million in funding from Canada’s Ocean Supercluster for the development of wider scanning capability and increased efficiency called GeoScan.The new $3.4 million project will run through to March 2023 and will see PanGeo work with Cellula Robotics of British…

Kraken Robotics to Acquire PanGeo

Kraken Robotics signed a definitive share purchase agreement whereby Kraken Robotics Systems Inc., a wholly-owned subsidiary of Kraken, will acquire all of the issued share capital of PGH Capital Inc., which operates its business through its subsidiaries, PanGeo Subsea Inc. and PanGeo Subsea Scotland Limited. PanGeo is a private Canadian services company specializing in high-resolution 3D acoustic imaging solutions for the sub-seabed with offices in St.

Kraken Signs CRADA on Pressure Tolerant Batteries with US Navy

Canadian subsea technology company Kraken Robotics has signed a Cooperative Research and Development Agreement (CRADA) with Naval Surface Warfare Center, Carderock Division (NSWCCD). Under the CRADA, the Battery Certification and Integration Branch, Code 636 of NSWC Carderock, will test Kraken’s pressure tolerant lithium-ion batteries. The testing is expected to take four months to complete and is…

Kraken to Provide MCM Solutions for Denmark's SHD

Canadian marine technology company Kraken Robotics Inc. said it signed a cooperation agreement with SH Defence (SHD) of Denmark covering the design and sale of containerized mine countermeasure and other subsea surveillance sensor and robotic solutions.SHD is an international company developing, producing and servicing hydraulic, electric and mechanical system solutions, including containerized multi-mission module systems for the worldwide naval industry.

Argeo Buys Two SeaRaptor AUVs

Norwegian subsea offshore service company Argeo has procured two Teledyne Gavia SeaRaptor 6,000-meter-rated autonomous underwater vehicles (AUV), Teledyne Marine Vehicles, a business of Teledyne Technologies Incorporated announced.The two SeaRaptor AUVs will contribute to Argeo’s growing fleet of AUVs and will enable deep-sea surveys to the benefit of marine industries including offshore wind, aquaculture…

Kraken Receives Order for AquaPix Sonar from AUV Manufacturer

Canadian marine technology company Kraken Robotics Inc. announced it has received an order for a 3,000-meter rated AquaPix MINSAS 120 Synthetic Aperture Sonar from an American autonomous underwater vehicle (AUV) manufacturer. The contract value is $0.5 million and delivery to the customer is expected in 2021.Since March of this year, Kraken has received orders for AquaPix MINSAS 120 Synthetic Aperture Sonars from customers in the U.S.…

Kraken to Equip New AUV Customer with AquaPix Sonar and SeaPower Batteries

Canadian marine technology company Kraken Robotics Inc. announced new purchase orders for a 6,000-meter rated AquaPix MINSAS 120 sonar and SeaPower batteries totaling over $1.2 million from a new autonomous underwater vehicle (AUV) customer. Due to customer confidentiality, Kraken cannot provide more details at this time. The company expects to fulfill these orders in 2021.Kraken’s batteries and sensors…

Dive Technologies Orders Kraken Pressure Tolerant Batteries

Canadian marine technology company Kraken Robotics Inc. said it has received another order for its 6,000-meter SeaPower pressure tolerant batteries from Dive Technologies Inc., of Quincy, Mass.Dive’s Large Displacement autonomous underwater vehicles (AUV), the DIVE-LD, are powered by Kraken’s pressure tolerant batteries. Dive’s commercial AUV is designed to support long duration missions at full ocean depths.The value of the order is $600…

Kraken Robotics Buys Brazil's 13 Robotics

Canada-based offshore robotics company Kraken Robotics has acquired Brazil's 13 Robotics Ltda of Brazil (“13R”).The 13R team, with offices in Rio de Janeiro and Salvador, Brazil, consists of software developers and engineers who have significant experience in underwater robotics and autonomous systems for the energy markets, Kraken said."Since inception in 2013, 13R have completed projects for a number of global energy companies…

Dive Technologies Completes Sea Trials with Kraken Sonar, Batteries

Quincy, Massachusetts based Dive Technologies completed successful sea trials of Kraken’s Miniature Synthetic Aperture Sonar (MINSAS 120) integrated onto Dive’s Large Displacement Autonomous Underwater Vehicle (DIVE-LD). The DIVE-LD is also powered by Kraken’s pressure tolerant batteries.“Our team is incredibly excited to continue working with Kraken Robotics,” said Bill Lebo, Dive Co-Founder. “Following our previous successful sea trials with Kraken’s batteries…

Kraken Robotics Enters LOI to Acquire PanGeo Subsea

Kraken Robotics Inc. has entered into a non-binding letter of intent (LOI) in connection with the proposed acquisition of PanGeo Subsea Inc. from Cahill Innovation Inc, a member of the Cahill Group of Companies, and Argentum Asset Management AS. Moya Cahill, a director of Kraken, is a shareholder of Cahill Innovation Inc, and she resigned as a director of Kraken prior to the approval and execution…

Kraken Secures New Subsea Batteries, Sonar Contracts and $1.5M Funding

Canadian subsea technology company Kraken Robotics on Thursday announced new contracts for subsea batteries and synthetic aperture sonar and new funding support totaling $2.2 million.Kraken has received new orders totaling $0.7 million and funding awards for $1.5 million. The company said that it couldn't provide info on customers and clients due to confidentiality reasons. However, it did provide some color.Kraken said that an existing U.S.

Kraken Achieves ISO 9001:2015 Certification for Quality Management System

Canadian-based marine technology company Kraken Robotics Inc. announced that its subsidiary, Kraken Robotic Systems Inc., has earned ISO 9001:2015 certification for its Quality Management System (QMS), including manufacturing sites located in Mount Pearl, NL and Dartmouth, NS.ISO 9001:2015 is a globally recognized quality management standard developed and published by the International Organization…

Kraken Announces $3.5m of Contract, Funding Awards

Kraken Robotics announced a new contract for subsea batteries and new funding support totalling $3.5 million.Kraken received a subsea battery order totalling $1.5 million and funding awards for $2 million. It expects to fulfill this battery contract in 2021, while the funding awards are for projects that will be executed over the coming 12-36 months. An existing defense industry customer is acquiring additional SeaPower batteries for a contract value of $1.5 million…

Kraken Robotics Makes It to Deloitte's Technology Fast 50 List

Canadian subsea robotic and sensor company Kraken Robotics has made it to Deloitte's Technology Fast 50 list in Canada.Technology Fast 50 is a program that celebrates the achievements and evolution of the Canadian technology sector.Kraken, which last year launched a three-year project focused on the development of new marine technologies and products to enable an underwater data acquisition and analytics as a service business…

Kraken Robotics MINSAS Available on the Teledyne Gavia AUV

Teledyne Gavia, manufacturer of Gavia, SeaRaptor and Osprey Autonomous Underwater Vehicle (AUV), announced the integration of the Kraken Robotics  MINSAS Interferometric Synthetic Aperture Sonar (SAS). The MINSAS is an off the shelf configurable Interferometric Synthetic Aperture Sonar (SAS) which replaces high end sidescan systems at an affordable price, while delivering significantly higher resolution, range, and area coverage rates (ACR).