Kraken Awarded $2 Million from US Defense Customer for Synthetic Aperture Sonar Systems
ST. JOHN’S, NEWFOUNDLAND, July 12, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce new contracts valued at $2.0 million for its 6000-meter rated AquaPix® Synthetic Aperture Sonar (SAS) from a US defense contractor for deployment on Autonomous Underwater Vehicles (AUVs) built by the customer. Due […]
Kraken Delivers Significant Technical Upgrade for Royal Danish Navy’s Mine Countermeasures (MCM) Efforts
ST. JOHN’S, NEWFOUNDLAND, July 11, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that under a contract with Danish Ministry of Defence, Acquisition and Logistics Organization (DALO) it has delivered mine-hunting sonar equipment to the Royal Danish Navy. This includes Kraken’s KATFISH™ towed Synthetic Aperture […]
Kraken Awarded $1.6 Million for AquaPix® Synthetic Aperture Sonar Systems
ST. JOHN’S, NEWFOUNDLAND, May 30, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce new contracts valued at more than $1.6 million for its AquaPix® Synthetic Aperture Sonar (SAS). Deliveries will occur in 2022. Due to confidentiality reasons the customers cannot be named. Kraken’s AquaPix® is […]
Kraken Reports Q1 2022 Financial Results
1Q YoY Revenue Increases Over 50% ST. JOHN’S, NEWFOUNDLAND, May 26, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter ended March 31, 2022. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis […]
Kraken to Present at Houlihan Lokey’s Global Industrials Conference in New York City
ST.JOHN’S, NEWFOUNDLAND – 12 May 2022 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that its management team will present at Houlihan Lokey’s 16thAnnual Global Industrials Conference on May 17th in New York City followed by one-on-one meetings. Houlihan Lokey (NYSE:HLI) is a global investment bank […]
Kraken subsidiary PanGeo awarded Sub Bottom Imager™ Contracts Valued at $3 Million+
Includes Contract on one of the World’s Largest Offshore Wind Farms ST. JOHN’S, NEWFOUNDLAND, May 4, 2022 /GLOBE NEWSWIRE/ — PanGeo Subsea, a wholly owned subsidiary of Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce the award of several cable depth of burial campaigns in Europe utilizing the company’s […]
Kraken Reports Record 2021 Financial Results
Q4 Revenue of $15.0 million and Adjusted EBITDA of $3.0 million Annual Revenue Increases by 109% ST. JOHN’S, NEWFOUNDLAND, April 28, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter and year ended December 31, 2021. Additional information concerning the […]
Kraken Successfully Completes Robotics as a Service (RaaS) Contract from Government of Canada
ST. JOHN’S, NEWFOUNDLAND, April 4, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has successfully completed a Robotics as a Service (RaaS) contract with the Royal Canadian Navy (RCN), for testing of Kraken’s ultra-high resolution survey equipment. This $0.5 million contract was funded […]
PanGeo Subsea, a Kraken Robotics Company, Awarded $5 Million Decommissioning Campaign from Couvillion Group
ST. JOHN’S, NEWFOUNDLAND – 30 March 2022 /GLOBE NEWSWIRE/ – PanGeo Subsea, a wholly owned subsidiary of Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce the award of a $5 Million Acoustic Corer™ contract in the US Gulf of Mexico. Couvillion Group issued this decommissioning project to PanGeo for […]
Kraken to Equip New AUV Customer with AquaPix® Sonar
ST. JOHN’S, NEWFOUNDLAND – 23 February 2022 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce an order for 1000-meter rated AquaPix® MINSAS 60 sonar from a new South Korean customer for use in a military application. Kraken is excited to be delivering SAS to this new […]
