Kraken Provides Corporate Update and Announces New Team Members
Sensors-to-Systems Strategy Continues to Advance ST. JOHN’S, NEWFOUNDLAND, 03 AUGUST 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF) is pleased to update our shareholders on recent corporate developments. “Since our last update, we have not only expanded our current strategic relationships but are also in discussions with potential new strategic partners that could […]
Kraken Set to Commence Hunt for Avro Arrow Artifacts
Kraken to Deploy Its ThunderFish® Robot and AquaPix® Sonar During Search ST. JOHN’S, NEWFOUNDLAND, 14 JULY 2017 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF)announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded its first “Robotics as a Service” contract by OEX Recovery Group Incorporated, to conduct a search for nine […]
Kraken Takes Delivery of THUNDERFISH® Alpha Autonomous Underwater Vehicle
6,000m Deep Sea Rated AUV Offers Industry Leading Price & Performance ST. JOHN’S, NEWFOUNDLAND, 26 JUNE 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has formally taken delivery of ThunderFish® Alpha – a next generation Autonomous Underwater Vehicle (AUV) designed for deep sea […]
Kraken and ATLAS ELEKTRONIK Sign Teaming Agreement
ST. JOHN’S, NEWFOUNDLAND and BREMEN, GERMANY–(Marketwired – June 13, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc., has signed a Teaming Agreement with ATLAS ELEKTRONIK GmbH (“ATLAS”), a leading international defence contractor. The objective of the Teaming Agreement is to combine the expertise and […]
Kraken Awarded $400,000 AQUAPIX® Sonar Contract
Repeat Order from Leading European Defence Contractor ST. JOHN’S, NEWFOUNDLAND, JUNE 5, 2017 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded a repeat contract valued at over C$400,000 by a leading European defence contractor. Kraken will supply and integrate its AquaPix®Miniature Interferometric Synthetic Aperture Sonar and Real-Time SAS […]
Kraken Announces Executive Appointment
ST. JOHN’S, NEWFOUNDLAND – 18 May 2017 Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that Mr. Neil Riggs has joined the company as Senior Project Manager. Neil graduated from Memorial University of Newfoundland with a BSc degree, major in physics and a BEng (Mechanical). He has over 40 years of experience in research […]
Kraken Makes Strategic Investment in Kraken Power GmbH
German Provider of Specialized Deep Sea Components for Underwater Robotics ST. JOHN’S, NEWFOUNDLAND and ROSTOCK, GERMANY – 17 May 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that it has acquired a minority interest in ENITECH Subsea GmbH of Rostock, Germany; and that the company has been renamed Kraken Power GmbH. […]
Kraken Receives $745,000 for Underwater Robotics
Non-Dilutive Capital to Support ThunderFish™ Autonomous Underwater Vehicle Program JOHN’S, NEWFOUNDLAND ‐ (Marketwired – 15 May 2017) – Kraken Sonar Inc. (“Kraken”) (TSX‐V: PNG) is pleased to announce that its wholly‐owned subsidiary, Kraken Sonar Systems Inc. has been awarded a non‐refundable financial contribution of $745,950 by the Research & Development Corporation (RDC) of Newfoundland and Labrador. The funding […]
Kraken Closes $2.1M Oversubscribed Private Placement
ST. JOHN’S, NEWFOUNDLAND AND LABRADOR–(Marketwired – April 11, 2017) Kraken Sonar Inc. (TSX VENTURE:PNG) (“Kraken” or the “Company”) is pleased to announce that effective April 11, 2017, it has closed a non-brokered private placement offering (the “Offering”) comprised of 11,806,660 units (the “Units”) at a purchase price of $0.18 per Unit for aggregate gross proceeds […]
Kraken Announces Upsizing of Previously Announced Private Placement
ST. JOHN’S, NEWFOUNDLAND and BREMEN, GERMANY – (Marketwired – 10 April 2017) – Kraken Sonar Inc. (TSX-V: PNG) (“Kraken” or the “Company”) is pleased to announce that due to demand from investors, it has increased the size of the previously announced non-brokered private placement of units (the “Units”) of the Company from C$2,000,000 to C$2,150,000 […]
