Kraken Signs Definitive Agreement to Acquire PanGeo and Announces Public Offering of Units
ST. JOHN’S, NEWFOUNDLAND, July 20, 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 signed a definitive share purchase agreement (the “PanGeo Agreement”) whereby Kraken Robotics Systems Inc., a wholly-owned subsidiary of Kraken, will acquire all of the issued […]
Kraken Awarded $0.6 Million Robotics as a Service (RaaS) Contract for Subsea Cable Survey
ST. JOHN’S, NEWFOUNDLAND, July 19, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has been awarded a Robotics as a Service (RaaS) contract from Newfoundland and Labrador Hydro (formerly Nalcor Energy) for the Marine Inspection of Strait of Bell Isle Submarine Cable. This […]
Kraken Signs Contract with Major Energy Company for Underwater Asset Inspection and Provides SeaVision® Update
ST. JOHN’S, NEWFOUNDLAND, July 15, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce several positive updates relating to the Company’s SeaVision® laser scanner developments and growth in its Robotics as a Service (Raas) offering. Kraken’s SeaVision® 3D laser scanner technology will be used in the Company’s […]
Kraken Announces $0.4 Million Follow on Order from European Defense Company
ST. JOHN’S, NEWFOUNDLAND, June 22, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has received a follow on purchase order valued at $0.4 million from a leading international defense contractor. This work is expected to be completed in 2021. Purchase orders received from […]
Kraken To Present at Houlihan Lokey’s Global Industrials Conference
ST. JOHN’S, NEWFOUNDLAND, June 21, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it will present virtually at Houlihan Lokey’s 15th Annual Global Industrials Conference on June 23rd, followed by One-on-One Meetings on June 24th. Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise […]
Kraken Announces $0.7 Million Contract Extension from Canadian Department of Defense
ST. JOHN’S, NEWFOUNDLAND, June 14, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that Public Works and Government Services Canada, has issued a contract extension to Kraken valued at $690,000. The end user is the Canadian Department of National Defense (DND). Under the contract, Kraken […]
Kraken Announces CRADA on Pressure Tolerant Batteries with US Navy
ST. JOHN’S, NEWFOUNDLAND, June 11, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc, has signed a Cooperative Research and Development Agreement (CRADA) with Naval Surface Warfare Center, Carderock Division (NSWCCD). Under the CRADA, the Battery Certification […]
Kraken and SH Defense Sign Cooperation Agreement for Containerized MCM Solutions
ST. JOHN’S, NEWFOUNDLAND, June 7, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has signed a cooperation agreement with SH Defense (SHD) of Denmark covering the design and sale of containerized mine countermeasure and other subsea surveillance sensor and robotic solutions. SHD is […]
Kraken Receives Order to Equip 2nd Teledyne Gavia SeaRaptor AUV with AquaPix® SAS Sonar
ST. JOHN’S, NEWFOUNDLAND, May 27, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce a second purchase order for 6000-meter rated AquaPix® MINSAS 120 sonars from Teledyne Gavia. While we cannot provide the specific amount of these orders to Kraken, they total between $1.75 and $2.0 […]
Kraken to Join LifeMoor Mooring Chain Inspection Project
ST. JOHN’S, NEWFOUNDLAND, May 27, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has joined the LifeMoor project, an industry collaboration focused on improving the lifetime estimate of subsea mooring chains. This 4-year “Knowledge Building Project for Industry” started in 2018. LifeMoor is […]
