Kraken Reports Strong Growth in 2019 Results

ST. JOHN’S, NEWFOUNDLAND, April 30, 2020 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for year-ended December 31, 2019. Additional information concerning the Company, including its audited consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year-ended December 31, 2019, […]

Kraken Announces Partnership Agreement with Greensea Systems

ST. JOHN’S, NEWFOUNDLAND – 06 APRIL 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that it has entered into a Partnership Agreement with Greensea Systems, Inc., creator of OPENSEA, an open architecture robotic platform. This partnership will expand upon the collaborative efforts already undertaken […]

Kraken Announces Ultra High Definition Upgrade for AquaPix® Imaging Sonars

ST. JOHN’S, NEWFOUNDLAND – 30 MARCH 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that the Company is the first to achieve a practical resolution of 2 cm with a Commercial-Off-The-Shelf (COTS) Synthetic Aperture Sonar (SAS), Kraken’s AquaPix® MINSAS. Karl Kenny, Kraken’s President & […]

Kraken Announces $2.8 Million of Contracts and Provides Corporate Update

ST. JOHN’S, NEWFOUNDLAND – 16 March 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce new contracts for batteries, sonar sensors, and support totalling $2.8 million. We are also pleased to provide a corporate update on business activity. New Contracts Kraken has recently received orders […]

Kraken Chosen for 2020 TSX Venture Top 50 List

ST. JOHN’S, NEWFOUNDLAND – 20 FEBRUARY 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that the Toronto Venture Stock Exchange has recognized Kraken Robotics as a 2020 Top 50 Company. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture […]

Kraken Signs 8 Year Framework Agreement with International Defense Contractor

ST. JOHN’S, NEWFOUNDLAND – 23 JANUARY 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has signed a 8 year framework agreement with a leading international defense contractor. Under the agreement, Kraken’s Acoustic Signal Processing Group […]

Kraken Finalizes OceanVision Contract with Ocean Supercluster and Industry Partners

ST. JOHN’S, Newfoundland, Jan. 20, 2020 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has finalized the contract for the OceanVision™ project with the Ocean Supercluster and industry partners (Petroleum Research Newfoundland and Labrador, Ocean Choice […]

Kraken Awarded $0.5 Million SeaVision® Contract from Government of Canada

ST. JOHN’S, NEWFOUNDLAND – 6 JANUARY 2020 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a contract valued at $524,720 with the Government of Canada for Kraken’s SeaVision® 3D laser scanner. SeaVision® was […]

Kraken Acquires Remaining 25% of Kraken Power

St. JOHN’S, NEWFOUNDLAND – 17 DECEMBER 2019 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that it has reached an agreement with the minority shareholder of Kraken Power GmbH (“Kraken Power”), to acquire the remaining 25% of Kraken Power not currently owned by Kraken (the […]

Kraken To Supply Thrusters To Leader in Robotic Net Cleaners for the Aquaculture Industry

ST. JOHN’S, NEWFOUNDLAND – 27 NOVEMBER 2019 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that its subsidiary Kraken Power GmbH has signed a multi-year supply agreement with Multi Pump Innovation (“MPI”) of Norway. Under the agreement, MPI will purchase RIM-driven thrusters and control systems […]