Kraken Provides Update on Capital Structure

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. ST. JOHN’S, NEWFOUNDLAND – 20 FEBRUARY 2018 /Marketwired/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that it is […]
Kraken Awarded $400,000 AquaPix® Sonar Contract

ST. JOHN’S, NEWFOUNDLAND, JANUARY 31, 2018 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc., has been awarded a repeat contract valued at over C$400,000 by a leading military customer for its AquaPix® Miniature Synthetic Aperture Sonar system. Due to the confidential nature of the […]
Kraken Wins International Offshore Wind Energy Competition

BREMEN, GERMANY – 30 JANUARY 2018 /Marketwired/ – Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF), is pleased to announce that its German subsidiary, Kraken Robotik GmbH was named a winner in the Carbon Trust’s Offshore Wind Accelerator (OWA) competition. The OWA is a collaborative R&D program funded by nine leading offshore wind developers and the […]
Kraken to Present at Cantech Investment Conference in Toronto

ST. JOHN’S, NEWFOUNDLAND, JANUARY 23, 2018 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) is pleased to announce that Company representatives will be presenting at the upcoming Cantech Investment Conference on January 31st in Toronto. The Company will host a Feature Presentation at 3pm and participate in the Robotics Panel discussion at 10am at […]
Kraken Real Time Sonar Deployed On US Navy AUV

ST. JOHN’S, NEWFOUNDLAND, JANUARY 11, 2018 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc., has completed development of a real-time Synthetic Aperture Sonar (“SAS”) system that has been successfully integrated and tested onboard a US Navy REMUS 600 Autonomous Underwater Vehicle (AUV) operated by […]
Kraken Issues Options to Employees

ST. JOHN’S, NEWFOUNDLAND, December 18, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) is pleased to announce that its Board of Directors has approved the issuance of 1,770,000 stock options to company employees. These options have a three-year term, with vesting in three equal instalments consisting of the date of grant and on […]
Kraken Reports Positive Net Income in Q3

ST. JOHN’S, NEWFOUNDLAND, November 30, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (the “Company” or “Kraken”) announces that it has filed its financial results for the third quarter ended September 30, 2017. Additional information concerning the Company, including its unaudited consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the […]
Kraken Awarded $750,000 Oil & Gas Contract

ST. JOHN’S, NEWFOUNDLAND, NOVEMBER 16, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a competitive contract valued at approximately $750,000 for the development of underwater sensors and robotics that will advance digitalization of integrated operations within Newfoundland and Labrador’s offshore […]
Avitas Systems, a GE Venture, Partners with Kraken to Advance Subsea Robotic Inspection

St. JOHN’S, NEWFOUNDLAND – OCTOBER 26, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has entered a strategic partnership with Avitas Systems, a GE Venture. The companies will integrate Autonomous Underwater Vehicles (AUVs), acoustic and laser sensor technology and artificial intelligence-based navigation software […]
Kraken Appoints New Board Member

ST. JOHN’S, NEWFOUNDLAND, OCTOBER 10, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) is very pleased to announce that retired Vice Admiral Michael J. Connor, United States Navy, has joined its Board of Directors. In a 35-year career in which he rose to the rank of Vice Admiral in the United States Navy, […]