Kraken Robotik Awarded Contract for Deep Sea3D Laser Imaging System

ST. JOHN’S, NEWFOUNDLAND and BREMEN, GERMANY – (Marketwired – 06 April 2017) – Kraken Sonar Inc. (Kraken) (TSX-V: PNG) announced today that its subsidiary, Kraken Robotik GmbH in Bremen, Germany, has recently been awarded a contract to design and build a 6,000m rated 3D laser/optical imaging system for the prestigious Alfred Wegener Institute, Helmholtz Centre […]

Kraken to Supply AquaPix® MINSAS for Riptide’s Compact Unmanned Underwater Vehicles

ST. JOHN’S, NEWFOUNDLAND – (Marketwired – 29 March 2017) –  Kraken Sonar Inc. (Kraken) (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has teamed with Boston-based Riptide Autonomous Solutions (Riptide) to supply AquaPix® MINSAS for integration onboard Riptide’s new 2-Man Portable UUV platform. Riptide has developed a highly flexible, open source […]

Kraken Announces SeaVision™ 3D Laser System

World’s First Full Colour 3D Underwater Laser Imaging System Provides Millimetre Accuracy in Real Time ST. JOHN’S, NF and BREMEN, GERMANY–(Marketwired – March 28, 2017) – Kraken Sonar Inc. (Kraken) (TSX VENTURE: PNG) announced today that its subsidiary, Kraken Robotik GmbH, will introduce its new SeaVision™ system at the upcoming Ocean Business conference to be held in Southampton, […]

Kraken Announces CDN$2,000,000 Private Placement

ST. JOHN’S, NL–(Marketwired – March 27, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) (“Kraken” or the “Company”) is pleased to announce that it is undertaking a non-brokered private placement offering for aggregate gross proceeds of up to CDN$2 million (the “Offering”). Pursuant to the Offering, the Company may issue up to an aggregate of up to […]

Kraken Receives Financial Contribution from The Government of Canada

  Funding Will Support Development of Kraken’s Underwater Robotics Technology Program ST. JOHN’S, NL–(Marketwired – March 21, 2017) – Kraken Sonar Inc. (Kraken) (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc., will receive a non-refundable financial contribution of up to $1,470,000 from the National Research Council of Canada Industrial Research Assistance […]

Kraken and Fraunhofer Sign Technology Licensing Agreement for Underwater Robotics

Kraken’s Technology Portfolio Valued at Over C$20M ST. JOHN’S, NEWFOUNDLAND, MARCH 15, 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) announced today that in a strategic move to further strengthen its IP portfolio, it has signed an exclusive licensing agreement for underwater robotics technology with Germany’s Fraunhofer Institute for Optronics, System Technologies and Image Exploitation (IOSB). Fraunhofer is […]

Kraken’s KATFISH Completes Successful Phase One Sea Trials

  ST. JOHN’S, NL –(Marketwired – March 08, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that it has successfully completed phase one sea trials of its KATFISH™ towed Synthetic Aperture Sonar system. Karl Kenny, Kraken’s President and CEO said, “These are exciting times in the underwater robotics industry. Customers are starting to fully […]

Kraken CEO to Speak at Maritime Robotics and Sensor Conference

Conference Lets Kraken’s German Subsidiary Expand Customer Relationships ST. JOHN’S, NL–(Marketwired – December 15, 2016) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that President and CEO, Karl Kenny, has been invited to speak at the MAROS (Maritime Robotik und Sensorik) Conference being held in Potsdam, Germany on January 12-13, 2017. “With the establishment […]

Kraken Establishes German Subsidiary

 Kraken Robotik GmbH to Focus on Underwater Robotics ST. JOHN’S, NL–(Marketwired – December 07, 2016) -Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that effective January 1, 2017, its new German subsidiary, Kraken Robotik GmbH (KRG) will commence operations at the Bremen Innovation and Technology Centre. The move to expand operations into Germany corresponds […]

Kraken Reports Profitable Q3 2016

Revenue increases 91% year-over-year ST. JOHN’S, NL–(Marketwired – November 30, 2016) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced it has filed its financial results for the third quarter ended September 30, 2016. Additional information concerning the Company, including its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September […]