Kraken Named to Marine Technology Top 100

 ST. JOHN’S, NL–(Marketwired – August 13, 2015) – Kraken Sonar Inc. (TSX VENTURE: 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 third year in […]

Kraken Awarded US$325,000 Sonar Contract by ECA Robotics (ECA Group)

ST. JOHN’S, NL–(Marketwired – August 11, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that it has been awarded a contract valued at over US$325,000 by ECA Robotics (ECA Group — France). Kraken will supply and help integrate its AquaPix® Miniature Interferometric Synthetic Aperture Sonar and Embedded Real-Time SAS Signal Processor […]

Kraken and Tritech Launch Correlation Velocity Log

ST. JOHN’S, NL–(Marketwired – August 04, 2015) – Kraken Sonar Inc. (TSX VENTURE:PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has entered into an agreement with Tritech International Limited, a Moog Inc. company, for the supply of a leading technology to the subsea industry. Key Highlights of the Strategic Agreement: […]

Kraken Announces KATFISH Sonar System

ST. JOHN’S, NL–(Marketwired – July 21, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce development of KATFISH (Kraken Active Tow FISH), an innovative sonar platform for military and commercial applications. KATFISH is a key development objective in delivering on the Company’s “sensor-to-systems” strategy. To view a 3D Rendering of the Kraken […]

Kraken Announces Executive Appointments

ST. JOHN’S, NEWFOUNDLAND, JULY 13, 2015 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that two industry veterans have joined the Company to further develop its sensors-to-systems strategy. Highlights: Dr. Tom Tureaud brings 30 years of industry experience with expertise that resulted in 12 patents. Gina Miller adds ten years of Unmanned […]

Kraken Engages Sophic Capital for Capital Markets Services

ST. JOHN’S, NL–(Marketwired – July 08, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced today it has appointed Sophic Capital Inc. (Sophic Capital) as its investor relations firm. Sophic is a comprehensive capital markets advisory firm for companies in the technology sector. “We are very pleased to have Sophic Capital as our new IR […]

Kraken Reports Q1 2015 Financial Results

ST. JOHN’S, NL–(Marketwired – June 02, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced today it has filed its financial results for the first quarter ended March 31, 2015. Additional information concerning the Company, including its unaudited condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended March […]

Kraken Appoints Greg Reid As Chief Financial Officer And Grant Options

ST. JOHN’S, NL–(Marketwired – June 01, 2015) – Kraken Sonar Inc.(TSX VENTURE: PNG) is pleased to announce that Greg Reid has joined the company as Chief Financial Officer (CFO), effective as of June 1, 2015. Mr. Reid is a seasoned executive with over twenty years of finance, investment, and business development experience, predominantly focused on the […]

Kraken Sonar Delivers Deep-Sea Sonar System to Fraunhofer Institute

Kraken’s 6000m AquaPix® Sonar to Be Integrated Into Fraunhofer IOSB’s DeDAvE Autonomous Underwater Vehicle Program ST. JOHN’S, NL–(Marketwired – March 25, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc., has delivered a deep-sea rated Interferometric Synthetic Aperture Sonar (INSAS) system to Germany’s Fraunhofer Institute for Optronics, System […]

Kraken Sonar grants options to buy 2.16 million shares

ST. JOHN’S, NL–(March 17, 2015) – Kraken Sonar Inc. (TSX VENTURE: PNG) (“Kraken” or “the Company”) announces that, subject to regulatory approval, it has granted a total of 2,160,000 options (the “Options”) to directors, officers and consultants of the Company to purchase common shares of the Company in accordance with its stock option plan. The options are exercisable at […]