Kraken to Receive C$400,000 from Major European Defense Contractor
ST. JOHN’S, NEWFOUNDLAND – (Marketwired–May 3, 2016) – Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has invoiced a major European defense contractor for over C$400,000. Proceeds are expected to be received during Q2 2016. Due to competitive reasons, the customer cannot be named at this time. […]