Kraken Reports Q2 2019 Results and Reiterates $15M Revenue Guidance and Profitability for Fiscal 2019

ST. JOHN’S, NEWFOUNDLAND, August 29, 2019/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the second quarter ended June 30, 2019. Additional information concerning the Company, including its unaudited condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended June 30, […]
Kraken’s ThunderFish® Delivered to Defense Research and Development Canada

ST. JOHN’S, NEWFOUNDLAND – 13 AUGUST 2019 /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 delivered its ThunderFish® 300 Autonomous Underwater Vehicle (AUV) to its test partner, Defense Research and Development Canada (DRDC) in Halifax, […]
Kraken Awarded $0.5M Contract for SeaVision® Sensors

ST. JOHN’S, NEWFOUNDLAND – 12 AUGUST 2019 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that, its wholly owned German subsidiary, Kraken Robotik GmbH, has been awarded a contract to deliver 3,000 meter rated SeaVision® laser scanning sensors to the GEOMAR Helmholtz Centre for Ocean […]
Kraken Awarded $1.8M in Project Funding to Develop Mooring Chain Laser Inspection Sensor

ST. JOHN’S, NEWFOUNDLAND – 2 AUGUST 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that following successful trials with Husky Energy (Husky), its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded funding for the development of a mooring chain laser inspection sensor, for use […]
Kraken Conducting Joint Technology Demonstrations with NOAA & ThayerMahan

ST. JOHN’S, NEWFOUNDLAND – 22 JULY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that since July 18, ThayerMahan and the National Oceanographic and Atmospheric Administration (NOAA) have conducted joint operations using Kraken’s sonar and laser scanning technologies. This follows a Cooperative Research and Development Agreement […]
Kraken Announces Executive Appointment and Management Promotions

ST. JOHN’S, NEWFOUNDLAND – 15 JULY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce an executive appointment and management promotions resulting from the strong growth of the company. These changes are as follows: Joseph MacKay, CPA, CA, CFA will join Kraken in the role of Chief […]
Canada’s Ocean Supercluster Commits Funding to Kraken’s $20M OceanVisionTM Project

ST. JOHN’S, NEWFOUNDLAND – 28 JUNE 2019 /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 conditionally approved by the Ocean Supercluster to move forward with its OceanVision™ project. OceanVision™ is a three-year, $20 million […]
Kraken Awarded $0.9 Million U.S. Navy Contract

ST. JOHN’S, NEWFOUNDLAND – 17 JUNE 2019/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 selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) […]
Kraken Receives $2.1 Million KATFISH Contract from ThayerMahan Inc.
ST. JOHN’S, NEWFOUNDLAND – 13 JUNE 2019/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 received a purchase order from ThayerMahan Inc., for a KATFISH™180 system. ThayerMahan Inc. is a US-based company specializing in the design, integration, […]
Kraken Establishes Unmanned Maritime Vehicles Facility at COVE in Dartmouth, Nova Scotia

DARTMOUTH, NOVA SCOTIA, JUNE 5, 2019/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc. has established a new 4,000 square foot facility named the Unmanned Maritime Vehicles Facility (UMVF). The UMVF is located at the Centre for Ocean Ventures and Entrepreneurship […]