Kraken Robotics Launches SAS Service for Offshore Energy Market

Canadian marine technology company Kraken Robotics is launching a synthetic aperture sonar (SAS) service for the global offshore energy market.Kraken’s commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025.Kraken’s KATFISH towed SAS debuted as a product seven years ago. Since then, it has been utilized around the world for applications ranging…

Kraken Robotics Brings 3D at Depth Into Its Fold

Canadian marine technology company Kraken Robotics has completed the acquisition of 3D at Depth, a subsea services company specializing in high resolution LiDAR imaging and measurements.3D at Depth is now a wholly owned subsidiary of Kraken. As it transitions to the Kraken brand, it will continue to operate as a trusted partner in subsea LiDAR imaging, complementing Kraken’s suite of synthetic aperture…

Kraken Robotics Acquires 3D at Depth

Kraken Robotics, through a subsidiary, signed a definitive agreement and plan of merger to acquire 100% of the shares of 3D at Depth, Inc., a U.S.-based subsea technology and services company specializing in high resolution LiDAR imaging and measurements. Under the terms of the agreement, Kraken will indirectly acquire 3D at Depth for $17 million in cash subject to adjustment for, among other things, any debt indirectly assumed or paid out on closing and to customary working capital adjustments.

UK Companies Honored at Subsea Expo Awards

Leading companies from across the United Kingdom were honored at this year’s Subsea Expo Awards in Aberdeen, underscoring the significant contributions of the UK’s underwater industry, which generates £9.2 billion annually for the national economy.Organized by Global Underwater Hub, the prestigious Subsea Expo Awards celebrate outstanding achievements in the subsea and wider underwater sectors. This year’s black-tie ceremony…

Obituary: Karl Kenny, Founder, Kraken Robotics

Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022. “An ideas man and a builder, Karl’s energy was as relentless as his passion to compete against the bigger industry players,” said Greg Reid, President and CEO of Kraken Robotics.

Kraken Robotics Records 52% Interim Revenue Bump

Canadian marine technology company Kraken Robotics has filed financial results for the third quarter of 2024, marking a 52% increase in year-to-date revenue as the company remains on track for a record year.Consolidated revenue year-to-date increased 52% to $63.2 million, compared to $41.6 million in the comparable nine-month period ending September 30, 2023, Kraken Robotics reported.In the first nine months of 2024…

Kraken Demos Autonomous KATFISH Launch and Recovery System to Navy Clients

Kraken Robotics has completed demonstrations for its new autonomous launch and recovery system (ALARS) for KATFISH towed synthetic aperture sonar (SAS) for more than 40 naval customers.The company performed demonstrations in Nova Scotia’s Halifax Harbour.The new ALARS was built to fit a 20-foot International Organization for Standardization (ISO) container footprint to increase interoperability with different vessels…

Meet the CTO: David Shea, Kraken Robotics

Since its founding in 2012, Kraken Robotics has operated by the succinct motto: “Innovate or Die.” Fast forward to 2024, and it is a global powerhouse, publicly traded with 250 employees and revenues fast approaching the $100m mark. David Shea has been with the company since the start and today serves as its Chief Technology Officer. He discusses the technologies and trends that will power his company’s growth into the future.Watch the full…

SeeByte and Kraken Robotics sign MOU

Marine technology companies SeeByte and Kraken Robotic shave formalized a collaboration through a Memorandum of Understanding (MOU) that aims to integrate their complementary systems to offer a unified solution for maritime mission planning, data collection, and analysis.Kraken is lnown for its cutting-edge synthetic aperture sonar (SAS) technology, which supports various maritime platforms, including uncrewed underwater vehicles of different sizes and the KATFISH towed SAS system…

Kraken Robotics Reports Revenue Jump

Kraken Robotics Inc. has reported a 67% increase in consolidated revenue for Q2 2024, $22.8 million compared to $13.7 million for the quarter ending June 30, 2023. Year-to-date it increased 105% to $43.6 million, compared to $21.2 million in the comparable 6-month period ending June 30, 2023. Product revenue in the quarter increased 83% to $19.2 million arising from continued sales across key products including subsea batteries…

Kraken Wraps Up High-Res Route Survey Work in Australia

Canadian company Kraken Robotics has completed a contract to 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 project sought to undertake Hydrographic High Resolution Route Surveys (RS) for a number of Australian ports.The purpose of these surveys was to enable…

Kraken Appoints COO, Marketing Director

Kraken Robotics announced that effective July 9, Nathaniel Spencer has been appointed Chief Operating Officer (COO) of Kraken. Spencer joined Kraken in August 2021 with the acquisition of PanGeo Subsea, where he was the Vice President of Service Delivery. For the last 18 months, Spencer has been the Managing Director of Kraken’s subsea power business, and he has more than 12 years in the marine sector…

Kraken Robotics Wins $2.2 Million Subsea Batteries Order

Canadian marine technology company Kraken Robotics on Thursday announced it has received repeat orders totaling $2.2 million for subsea batteries from existing naval clients.Rated for depths up to 6,000 meters, Kraken’s SeaPower subsea batteries provide up to twice the energy density and weigh 46% less per kWh than traditional pressure-housed batteries, the company said.

Kraken Robotics Scoops Multi-Million-Dollar Orders for Subsea Security Equipment

Canadian marine technology company Kraken Robotics has received orders for its subsea security equipment worth $3.7 million.The first order is for spares and sustainment of its KATFISH Mine Counter Measures (MCM) solution, totaling $2.2 million.In addition, Kraken received orders for AquaPix synthetic aperture sonars (SAS), worth $1.5 million.These systems will be integrated to Autonomous Underwater…

Kraken Robotics Wins $11M of New Service Contracts

Canadian marine technology company Kraken Robotics has secured $11 million of new contracts since the start of the year.The work scope of the contracts will be completed in 2024, Kraken Robotics said.The contracts consist of a $8 million Acoustic Corer deal signed earlier in April, and several smaller Sub Bottom Imager contracts for offshore wind farm development totaling $3 million.Under the Acoustic Corer contract…

Kraken Robotics Sees Strong Momentum Continuing

Kraken Robotics has filed its financial results for the fourth quarter and year ended December 31, 2023, highlighting that consolidated revenue for Q4 2023 was $28.0 million compared to $8.8 million, an increase of 218% over the comparable quarter and marked the company’s strongest quarter to date for both the product and service businesses.Revenue mix was 70% Product / 30% Service. Product revenue in the quarter was $19.6 million…

Kraken Robotics Wins $6 Million Order for Subsea Batteries

Kraken Robotics Inc. announced it has received orders totaling more than $6 million for subsea batteries.The Canadian-based marine technology company did not disclose details about the customer or application.Kraken said it expects to perform deliveries in 2024 and 2025.

Kraken Robotics Reels In $2.4M Sonar and Subsea Power Contracts

Canadian company Kraken Robotics has secured contracts totaling $2.4 million for subsea batteries and synthetic aperture sonar systems (SAS).The SAS sensor contracts are for a Research Institute and a Hydrographic Office of an unnamed Navy.No details can be provided on the subsea power customer due to confidentiality, Kraken Robotics informed.Deliveries of the systems will take place in 2024.

Kraken Joins Forces with US Navy for SAS Sensor Research

Kraken Robotics has signed an agreement with Naval Undersea Warfare Center Division (NUWC) in Newport to conduct joint research into advanced signal processing techniques for the current and future generation of Synthetic Aperture Sonar (SAS) sensor technologies.The cooperative research and development agreement signed between the parties also includes exploration into enhanced image processing techniques such as data fusion…

Kraken Robotics Delivers Minehunting Systems to Royal Danish Navy

Canadian company Kraken Robotics has completed deliveries and sea acceptance tests of all systems for its minehunting sonar equipment under the contract with Royal Danish Navy.The contract was signed in September 2020, following a competitive bidding process. Under the contract with the Danish Ministry of Defence Acquisition and Logistics Organization (DALO), Kraken has delivered four complete turnkey minehunting systems.Each system consists of a KATFISH towed Synthetic Aperture Sonar…