Kraken to Supply Minehunting Systems to Polish Navy

ST. JOHN’S, NEWFOUNDLAND, September 8, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that on September 1st, it signed a contract to supply minehunting systems to the Polish Navy. As part of this contract with Remontowa Shipbuilding S.A., Kraken will deliver its KATFISH™ towed Synthetic Aperture Sonar, […]

Kraken Signs $36 Million Danish Navy Contract

ST. JOHN’S, NEWFOUNDLAND, September 8, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is very pleased to announce that today it has signed a contract with Danish Ministry of Defence, Acquisition and Logistics Organization (DALO) to supply mine-hunting sonar equipment to the Royal Danish Navy. This was a competitive bid […]

Kraken Announces Funding for ThunderFish® XL Development

ST. JOHN’S, NEWFOUNDLAND, August 31, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it is receiving advisory services and up to $2,909,891 in research and development funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding will be used […]

Kraken Reports Q2 2020

ST. JOHN’S, NEWFOUNDLAND, August 25, 2020 /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, 2020. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended June 30, […]

Offshore Energy Industry Executive Joins Kraken as Strategic Advisor

ST. JOHN’S, NEWFOUNDLAND, August 12, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that Sam Allen has joined Kraken as a Strategic Advisor. Sam will help the Company refine its strategy for the international offshore energy market with a focus on landing additional pilot projects and […]

Kraken Announces Addition of Cathy Bennett to Board of Directors

ST. JOHN’S, NEWFOUNDLAND, August 4, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that Cathy Bennett, has joined the Company’s Board of Directors. Ms. Bennett brings more than 25 years of experience as an entrepreneur, business executive, and corporate director across private, public and non-profit entities. […]

Kraken Announces $1 Million of Defense Contracts

ST. JOHN’S, NEWFOUNDLAND, July 8, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has recently received three defense customer orders totaling approximately $1 million: A follow-on order for MINSAS 60 LW sensors for man-portable vehicles. This solution was developed with the support of funding […]

Kraken Announces Emera Joins OceanVision™ Project

ST. JOHN’S, NEWFOUNDLAND, July 7, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that NSP Maritime Link Inc. (NSPML), has joined Kraken’s OceanVision™ project. NSPML is an indirect wholly owned subsidiary of Emera Inc., a multi-national energy company. OceanVision™ is a cross-sectoral pilot project designed to […]

Kraken Provides Positive Update on $40 Million Royal Danish Navy Mine Hunting Upgrade Program

ST. JOHN’S, NEWFOUNDLAND, July 3, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is very pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has received notification that the complaint process regarding the Royal Danish Navy’s mine hunting upgrade program has been finalized. The Board of […]

Kraken Reports Strong Q1 2020 Results

ST. JOHN’S, NEWFOUNDLAND, June 1, 2020 /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, 2020. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended March […]