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 […]
Technology and IP Industry Vetern Joining Kraken’s Board of Directors
New Director Brings Extensive Corporate Financing, M&A, and IP experience ST. JOHN’S, NEWFOUNDLAND – (Marketwired – November 17, 2016) – Kraken Sonar Inc. (TSX-V:PNG) is pleased to announce that Mr. Shaun McEwan, CPA, CA is joining the Company’s Board of Directors, effective December 1, 2016. For the last 8 years, Mr. McEwan has been the […]
Kraken Receives Financial Contribution from The Government of Canada
Funding Will Support Development of Autonomous Launch and Recovery Systems for Unmanned Maritime Vehicles ST. JOHN’S, NEWFOUNDLAND – (Marketwired – November 10, 2016) – Kraken Sonar Inc. (Kraken) (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. will receive a non-refundable financial contribution of up to $485,000 from the National Research Council […]
Kraken Adds Leading Atlantic Canadian Executive to Board of Directors
ST. JOHN’S, NL–(Marketwired – October 13, 2016) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce the addition of Mr. Larry Puddister, P. Eng to the Company’s Board of Directors. Mr. Puddister is Co- Chairman of Pennecon Limited, a leading Canadian heavy civil construction, energy and real estate business. Mr. Puddister’s 20 years of experience […]
Canadian Robotics Company, Clearpath Robotics, Raises $30 Million
Clearpath Robotics raises $30 million to become a Tesla for the factory floor
Kraken Reports Q2 2016 Financial Results
Recent Financing Strengthens Balance Sheet for Growth Initiatives ST. JOHN’S, NEWFOUNDLAND, August 30, 2016 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) announced it has filed its financial results for the second quarter ended June 30, 2016. Additional information concerning the Company, including its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) […]
Kraken Announces Closing of Non-Brokered Private Placement
ST. JOHN’S, NEWFOUNDLAND AND LABRADOR–(Marketwired – Aug. 15, 2016) – Kraken Sonar Inc. (TSX VENTURE:PNG) (“Kraken” or the “Company”) is pleased to announce that effective August 12, 2016 it has closed a non-brokered private placement offering (the “Offering”) comprised of 7,159,534 units (the “Units”) at a purchase price of $0.15 per Unit for aggregate gross proceeds […]
Kraken Named To Marine Technology Top 100
ST. JOHN’S, NEWFOUNDLAND – AUGUST 3, 2016— Kraken Sonar Inc. (TSX-V: PNG) announced that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR 100 – a list of the 100 most influential companies in the international marine technology marketplace. This is the fourth year in a […]
Kraken Announces Private Placement and Provides Business Update
ST. JOHN’S, NEWFOUNDLAND – JULY 19, 2016— Kraken Sonar Inc. (TSX-V: 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$1 million (the “Offering”) and is also pleased to provide an update regarding the business and operations of the Company […]
Kraken Sonar And Square Robot Sign Strategic Partnership Agreement
Strategic Partnership Will Design, Develop and Supply Innovative Sensors and Robotic Systems for the Global Oil & Gas Industry ST. JOHN’S, NEWFOUNDLAND – (Marketwired – June 10, 2016) – Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has signed a strategic partnership agreement with Square Robot, […]