Unmanned Underwater Vehicles are Changing Business Models
Unmanned vehicles are profoundly impacting business models on land and in air. In the maritime sector, this sort of growth has been lagging, but it is beginning to catch up. Traditionally, unmanned vehicles, especially ROVs, have been critical to successful marine operations but have not changed the business model for maritime industries. The cost of vessels […]
Next-Generation Acoustic Velocity Sensors for Underwater Navigation
Kraken’s Dr. Jeremy Dillon discusses the advantages of the company’s next generation acoustic velocity sensors. Kraken’s Correlation Velocity Log (CVL) technology resulted as an offshoot of research on its synthetic aperture sonar (SAS) technology. The CVL is a viable replacement for the incumbent industry technology, the Doppler Velocity Log (DVL). CVL in Sea Technology June […]
Kraken Reports Q1 2015 Financial Results
ST. JOHN’S, NL–(Marketwired – June 02, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced today it has filed its financial results for the first quarter ended March 31, 2015. Additional information concerning the Company, including its unaudited condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended March […]
Kraken Appoints Greg Reid As Chief Financial Officer And Grant Options
ST. JOHN’S, NL–(Marketwired – June 01, 2015) – Kraken Sonar Inc.(TSX VENTURE: PNG) is pleased to announce that Greg Reid has joined the company as Chief Financial Officer (CFO), effective as of June 1, 2015. Mr. Reid is a seasoned executive with over twenty years of finance, investment, and business development experience, predominantly focused on the […]
