Demand for Kraken’s Synthetic Aperture Sonar Grows as Kraken Receives Additional $1.5 Million of Orders from US Defense Customer
St. JOHN’S, NEWFOUNDLAND, March 9, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces $1.5 million in orders from a US defense customer for our AquaPix® synthetic aperture sonars (SAS). These 6000-meter rated systems will be integrated to the customer’s Autonomous Underwater Vehicles (AUVs). Delivery is expected in 2023. Demand for Kraken’s […]
Kraken Receives $1.3 Million Order for Synthetic Aperture Sonar for NATO Navy
ST. JOHN’S, NEWFOUNDLAND, March 8, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces a $1.3 million purchase order from an unnamed customer for our AquaPix® synthetic aperture sonars (SAS). These systems will be integrated to a NATO Navy’s Autonomous Underwater Vehicles (AUVs) for use in minehunting and security applications. Delivery is […]
Kraken Robotics Supporting N-Sea with Major Cable Depth of Burial Survey in the North Sea
ST. JOHN’S, NEWFOUNDLAND, March 7, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce that Kraken Robotics is to support subsea solutions provider N-Sea with cable burial survey services during cable inspection and remedial burial campaign for a major interconnecting power cable asset in the North Sea. While contract […]
Kraken Robotics Ranked #1 Technology Company on 2023 TSX Venture Top 50 List
ST. JOHN’S, NEWFOUNDLAND, February 21, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce that the Toronto Venture Stock Exchange has recognized Kraken Robotics as a 2023 Top 50 Company. Kraken placed first in the technology category. The TSX Venture 50 is a ranking of the strongest companies on […]
Kraken Provides Update on Subsea Laser Scanner Service Activities
ST. JOHN’S, NEWFOUNDLAND, January 17, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to provide an update on its SeaVision® 3D underwater laser scanning technology and related service activities. Kraken’s SeaVision inspection technology is primarily used in assisting the offshore energy sector to acquire higher quality subsea asset integrity information, […]
Kraken Expects to Report $40 Million in 2022 Revenue, up 56% Year-Over-Year
ST. JOHN’S, NEWFOUNDLAND, January 12, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce a financial update for the year ended December 31, 2022. While audited results will not be released until April, non-audited preliminary results show that we have met the mid-point of our $38 million to $42 […]
Kraken Announces Appointment of David Shea as Chief Technology Officer
ST. JOHN’S, NEWFOUNDLAND, January 10, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), today announced that David Shea, Executive Vice President (EVP) of Products, will take on the additional role of Kraken’s Chief Technology Officer (CTO). Mr. Shea joined Kraken more than 10 years ago at its inception, and has been directing […]
PanGeo Subsea now Kraken Robotics
Following its acquisition in 2021, and as of January 1st, 2023, the PanGeo Subsea brand and company name has changed to Kraken Robotics. PanGeo Subsea Scotland Limited and PanGeo Subsea Inc. become Kraken Robotics Services as follows: Kraken Robotics Services UK Limited (Previously PanGeo Subsea Scotland Limited) Suite A, Pavilion 7, Kingshill Park, Venture Drive, […]
Kraken Announces Management Transition
ST. JOHN’S, NEWFOUNDLAND, December 22, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), today announced that Karl Kenny, Founder and President and Chief Executive Officer, will be appointed Executive Chairman of Kraken and transition the President and Chief Executive Officer role to Greg Reid. Mr. Reid joined Kraken more than 7 years […]
Kraken to Provide SAS to HII’s New Medium Class UUV
ST. JOHN’S, NEWFOUNDLAND, December 19, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces that its AquaPix® Miniature Synthetic Aperture Sonar (MINSAS) System has been selected as the standard payload offering on HII’s new REMUS 620 Medium Class UUV. Synthetic Aperture Sonar is quickly becoming the tool of choice for mine countermeasure (MCM) […]
