Kraken Presenting at Cantech Investment Conference in Toronto

ST. JOHN’S, NEWFOUNDLAND – 23 JANUARY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that CFO Greg Reid will be presenting the Company’s investment thesis at the upcoming Cantech Investment Conference on January 29thand 30thin Toronto.  “This is Kraken’s second year attending Cantech, and since last […]

Kraken CEO Presenting at Germany’s Leading Maritime Robotics and Sensor Conference

ST. JOHN’S, NEWFOUNDLAND – 9 JANUARY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that itsPresident and CEO, Karl Kenny, has been invited to speak at the MAROS (Maritime Robotik und Sensorik) Conference being held in Berlin, Germany on January 17-18, 2019.  Mr. Kenny said, “I […]

Kraken Awarded $0.5 Million Contract under Canada’s Defence Innovation Research Program (DIRP)

ST. JOHN’S, NEWFOUNDLAND – 08 JANUARY 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 awarded a $568,000 contract via a competitive Call for Proposal (CFP) solicitation posted on buyandsell.gc.ca, by Public Works and Procurement Canada […]

Kraken Completes Majority Acquisition of Kraken Power GmbH

ST. JOHN’S, NEWFOUNDLAND – 7 JANUARY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce, that it has completed the majority acquisition of Kraken Power GmbH. Through the conversion of an existing note receivable to equity and a cash payment of approximately €0.1 million, Kraken has increased […]

Kraken Announces Closing of $6,000,000 Bought Deal Financing

ST. JOHN’S, Newfoundland, Dec. 20, 2018 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or, the “Company”) (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce today that it has closed its previously announced “bought deal” short form prospectus offering (the “Offering”) of common shares of the Company (“Common Shares”). A total of 15,000,000 Common Shares were […]

Kraken Completes Successful Sea Tests of KATFISH with Elbit Systems

ST. JOHN’S, NEWFOUNDLAND – 18 DECEMBER 2018/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 completed a series of successful sea tests of its KATFISH towed Synthetic Aperture Sonar system with Elbit Systems Ltd., a major international […]

Kraken Reports Q3 2018 Results and Provides Outlook

ST. JOHN’S, NEWFOUNDLAND, November 30, 2018/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the third quarter ended September 30, 2018. Additional information concerning the Company, including its unaudited condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September […]

Kraken Announces $0.5 Million Contract from Canadian Department of Defense

ST. JOHN’S, NEWFOUNDLAND – 26 NOVEMBER 2018/GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that as disclosed on www.buyandsell.gc.ca, Public Works and Government Services Canada, has issued a contract valued at $468,000 to Kraken Robotic Systems Inc. The end user is the Canadian Department of National Defense (DND). Under […]

Kraken and Leeway Announce Co-operation Agreement

ST. JOHN’S, NEWFOUNDLAND and HALIFAX, NOVA SCOTIA – 01 OCTOBER 2018/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 entered into a co-operation agreement with Leeway Marine Inc. Under the terms of the agreement, both companies will […]