IORE Welcomes Global Ocean Tech Firms as they Setup in Nova Scotia
AML Oceanographic & Kraken Sonar Systems open Dartmouth Offices Halifax, Nova Scotia, June 08 2016 – The Institute for Ocean Research Enterprise (IORE) welcomes AML Oceanographic and Kraken Sonar Systems Inc. as each company establishes new offices in Dartmouth, Nova Scotia. “Both AML and Kraken are well established and reputable members of the global oceanographic […]
Kraken to Receive C$400,000 from Major European Defense Contractor
ST. JOHN’S, NEWFOUNDLAND – (Marketwired–May 3, 2016) – Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has invoiced a major European defense contractor for over C$400,000. Proceeds are expected to be received during Q2 2016. Due to competitive reasons, the customer cannot be named at this time. […]
Kraken Awarded Contract by Woods Hole Oceanographic Institution
Kraken’s 6000m AquaPix® MINSAS sonar to be integrated into WHOI’s Deep Sea Autonomous Underwater Vehicle program. ST. JOHN’S, NEWFOUNDLAND – (Marketwired – March 15, 2016) – Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded a US$465,000 contract by the Woods Hole Oceanographic Institution (WHOI). Kraken […]
Kraken to Supply Sonar System to Major Israeli Defence Contractor
Kraken Active Towed Fish (KATFISH) Can Be Deployed for Hunting Naval Mines and Underwater Improvised Explosive Devices ST. JOHN’S, NL–(Marketwired – February 23, 2016) – Kraken Sonar Inc. (“Kraken”) (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. will supply its KATFISH towed sonar system to Elbit Systems Ltd., a major international defence […]
Kraken Receives Financial Contribution From the Government of Canada
Non-Dilutive Financial Contribution of up to $495,000 From the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP); Funding Will Support Development of the Kraken Active Towed Fish (KATFISH) for High Speed, High Resolution Seabed Mapping. KATFISH Provides the Highest Resolution Seabed Pixels at the Lowest Cost Compared to Competing Survey Sonar Platforms ST. […]
Kraken Donation Benefits Marine Institute’s Ocean Technology Students
Students at the Fisheries and Marine Institute’s (MI) School of Ocean Technology have a new learning tool thanks to the donation of a LARS (Launch and Recovery System) modified davit crane by Kraken Sonar Systems Inc. LARS is designed to lift and transfer machinery such as remotely operated vehicles (ROVs) and underwater vehicles (UV) from […]
Kraken Releases SOUNDPIX® Solution For Next Generation Seabed Mapping
Targeting a $3 Billion Annual Market, SoundPix® is the Industry’s First Real Time, 3D Seafloor Mapping Solution Using Synthetic Aperture Sonar Technology ST. JOHN’S, NEWFOUNDLAND – DECEMBER 02, 2015—Kraken Sonar Inc. (“Kraken”) (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has released SoundPix® – an innovative solution for next generation […]
Kraken Acquires Marine Robotics Technology
Acquisition Strengthens IP and Technology Portfolio for Ocean Drones Market ST. JOHN’S, NL–(Marketwired – November 17, 2015) – Kraken Sonar Inc. (“Kraken”) (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has acquired the underwater robotics technology and related intellectual property rights previously owned by Marine Robotics Inc. Terms of the […]
Kraken Receives $750,000 to Fund R&D
Non-Dilutive Capital to Support the Development of KATFISH Sonar Towfish Platform ST. JOHN’S, NL–(Marketwired – November 04, 2015) – Kraken Sonar Inc. (“Kraken”) (TSX VENTURE: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc., has been awarded $750,000 by the Research & Development Corporation (RDC) of Newfoundland and Labrador. Karl Kenny, […]
Kraken Awarded $1.5 Million Order From Major Defence Contractor
ST. JOHN’S, NL–(Marketwired – November 02, 2015) – Kraken Sonar Inc. (“Kraken”) (TSX VENTURE: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has received a $1.5 million contract from a major international defence contractor for a KATFISH sonar system. Along with spare parts and support, the initial order could exceed […]