Kraken Finalizes MOU with Ocean Infinity

ST. JOHN’S, NEWFOUNDLAND, July 5, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that it has now finalized its MOU on a strategic alliance with Ocean Infinity. In addition, Kraken and Ocean Infinity will host workshops in Halifax and St. John’s in July for members of the Ocean […]

Kraken Re-Affirms 2018 Revenue Target of Over $7 Million

ST. JOHN’S, NEWFOUNDLAND, July 3, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) (“Kraken” or the “Company”) is pleased to provide an update on business activity. Based on customer contract fulfilment through the end of Q2 and visibility into the Company’s current sales forecast, management re-affirms the Company’s 2018 revenue target of […]

Kraken Obtains DTC Eligibility of Common Shares

ST. JOHN’S, NEWFOUNDLAND, June 29, 2018/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that its common shares have been made DTC eligible. This means they are eligible for book-entry delivery and depository services of the Depository Trust Company (DTC) to facilitate electronic settlement of transfers of its common shares […]

Kraken Closes $2.3 Million Equity Financing With Ocean Infinity

ST. JOHN’S, NEWFOUNDLAND, June 28, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that the non-brokered private placement offering (the “Offering“) announced on June 20, 2018 closed today for aggregate gross proceeds of $2.3 million. “Kraken is very pleased to have completed this financing with our customer Ocean […]

Kraken Announces $2.3 Million Private Placement with Ocean Infinity

ST. JOHN’S, NEWFOUNDLAND – 20 JUNE 2018 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) is pleased to announce a non-brokered private placement offering with Ocean Infinity Ltd. (the “Offering”) whereby Ocean Infinity will acquire 11,520,000 units (the “Units”) in Kraken which, upon completion, will result in Ocean Infinity owning 9.99% of Kraken’s […]

Kraken Announces Pre-qualification of SeaVision® by Canada’s BCIP Program

ST. JOHN’S, NEWFOUNDLAND – 1 JUNE 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 been notified by the Government of Canada that the Company’s SeaVision® underwater 3Dlaser imaging system has been pre-qualified for the […]

Kraken Reports Q1 2018 Results

ST. JOHN’S, NEWFOUNDLAND, May 31, 2018/GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the first quarter ended March 31, 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 March […]

Kraken Achieves Military Standard Certification

ST. JOHN’S, NEWFOUNDLAND– 15 MAY 2018 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that Kraken’s wholly owned subsidiary, Kraken Robotic Systems Inc., has successfully completed military standard certification testing of the KATFISH-M, a ruggedized version of Kraken’s KATFISH™ Towed Synthetic Aperture Sonar Platform. KATFISH-M incorporates a state-of-the-art Synthetic […]

Kraken Announces AquaPix® Multispectral SAS

ST. JOHN’S, NEWFOUNDLAND – MAY 14, 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., is developing an ultra-wideband acoustic remote sensing system for seafloor imaging and mapping. The AquaPix® Multispectral Synthetic Aperture Sonar (SAS) will […]