Kraken Awarded $4.8 Million Subsea Battery Contract from Defense Industry Customer
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 subsea batteries from a US defense industry customer, for integration on Autonomous Underwater Vehicles (AUVs). The order is valued at $4.8 million with deliveries occurring in 2022. For confidentiality […]
Kraken Reports Q3 2021 Results and Re-Iterates Annual Guidance
St. JOHN’S, NEWFOUNDLAND, November 29, 2021 /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 September 30, 2021. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September […]
Kraken Awarded $7.1 Million of Contracts for Offshore Subsea Inspections
ST. JOHN’S, NEWFOUNDLAND, November 23, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that its wholly owned subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) […]
Kraken Awarded Robotics as a Service (RaaS) Contract from Government of Canada
ST. JOHN’S, NEWFOUNDLAND, October 25, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has signed a Robotics as a Service (RaaS) contract with the Canadian government for testing of Kraken’s ultra-high resolution survey equipment with the Royal Canadian Navy (RCN). This $0.5 million […]
Kraken Provides Corporate Update on RaaS Activities
ST. JOHN’S, NEWFOUNDLAND – 26 October 2021 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to provide a corporate update on its Robotics as a Service (RaaS) activities including the acquisition of PanGeo which closed in Q3. As noted previously, this acquisition will accelerate Kraken’s service capabilities, generate […]
Kraken Receives $0.8 Million Sensor Order from New Fortune 500 Customer
ST. JOHN’S, NEWFOUNDLAND, September 9, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce an order for an AquaPix® MINSAS 120 sonar system from a Fortune 500 company with activities in the defense sector. Total contract value is approximately $765,000. This is a new Kraken customer […]
Kraken Reports Q2 2021 Results
ST. JOHN’S, NEWFOUNDLAND, August 26, 2021 /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 June 30, 2021. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended June […]
Ocean SuperCluster to Provide $2 Million for GeoScan Wide Area Acoustic Corer
ST.JOHN’S, NEWFOUNDLAND, August 11, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that its wholly owned subsidiary, PanGeo Subsea Inc. has secured $2 million in funding from Canada’s Ocean Supercluster for the development of wider scanning capability and increased efficiency called […]
Kraken Completes Acquisition of PanGeo
ST. JOHN’S, Newfoundland, Aug. 03, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has completed the acquisition of PGH Capital Inc. (the “Acquisition”) on terms previously disclosed in the Company’s press release dated July 20, 2021. PGH Capital operates […]
Kraken Announces Closing of $10 Million Bought Deal Financing
ST. JOHN’S, NEWFOUNDLAND, July 26, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce it has closed its previously announced “bought deal” short form prospectus offering (the “Offering”) of units of the Company (“Units”). A total of 20,000,000 Units were sold at a price of […]
