St. John’s-based Kraken Robotics lands its biggest contract ever

St. John’s-based Kraken Robotics lands its biggest contract ever

Kraken Robotics Systems Inc. has landed a major contract to provide new sonar systems for the Royal Danish Navy.

The contract, worth $40 million, is the biggest one to date for the company, which has offices in St. John’s and Halifax.

Kraken Robotics is a publicly-traded company, listed on the Toronto Stock Exchange (TSX-V: PNG, OTCQB: KRKNF)

https://www.thechronicleherald.ca/business/local-business/atlantic-canadian-company-kraken-robotics-lands-40-million-contract-with-danish-navy-470139/