Kraken and ThayerMahan Successfully Showcase SeaScout® during U.S. Navy Exercise
ST. JOHN’S, NEWFOUNDLAND and GROTON, CONNECTICUT – 25 SEPTEMBER 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., in cooperation with ThayerMahan Inc., successfully demonstrated its SeaScout® Expeditionary Seabed Mapping and Intelligence System during the U.S. […]
Kraken Awarded $1M Contract from International Defense Contractor
ST. JOHN’S, NEWFOUNDLAND – 19 SEPTEMBER 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 recently received a sonar signal processing software contract valued at approximately $1 million dollars from an international defense contractor. This […]
Kraken Reports Record Revenue for Q2 2018
ST. JOHN’S, NEWFOUNDLAND, August 30, 2018/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the second quarter ended June 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 June […]
Kraken Announces CRADA with US National Oceanic & Atmospheric Administration
ST. JOHN’S, NEWFOUNDLAND, August 21, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has signed a Cooperative Research and Development Agreement (CRADA) with the Office of Ocean Exploration and Research (OER) of the National Oceanic and Atmospheric Administration (NOAA). […]
Kraken Receives $1 Million from Exercise of Warrants
ST. JOHN’S, NEWFOUNDLAND, August 14, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that since July 19, 2018 it has received proceeds of $998,350 as a result of the exercise of 3,320,834 previously issued common share purchase warrants and 11,666 finders’ warrants. Kraken management directly or indirectly held […]
Kraken Awarded $450,000 AQUAPIX® Sonar Contract
ST. JOHN’S, NEWFOUNDLAND, August 8, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a contract valued at over C$450,000 by a leading military customer for its AquaPix® Miniature Synthetic Aperture Sonar system. Due to the confidential nature of the […]
Kraken Commences Testing of KATFISH with U.S. Navy
ST. JOHN’S, NEWFOUNDLAND, August 07, 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 signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center – Division Newport (NUWCDIVNPT). The […]
Kraken Announces $9 Million Deep-Sea Battery Contract from Ocean Infinity
ST. JOHN’S, NEWFOUNDLAND – 1 AUGUST 2018 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that Ocean Infinity has agreed to purchase $9 million of Kraken’s deep-sea batteries with delivery dates expected between Q4 2018 and Q4 2019. Kraken will arrange for these batteries to be built by Kraken […]
Kraken Grants Options to Kraken Germany Employees
ST. JOHN’S, NEWFOUNDLAND, July 20, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that its Board of Directors has approved the issuance of 1,000,000 stock options to employees of Kraken Robotik GmbH (“KRG”), the Company’s fully-owned German subsidiary. These options have a three-year term, vesting in three equal […]
Kraken Establishes Acoustic Signal Processing Group
ST. JOHN’S, NEWFOUNDLAND – 16 JULY 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 established a team to focus on acoustic signal processing applications with a focus on anti-submarine warfare (ASW) applications. Kraken’s new […]
