Kraken Receives $0.6 Million Synthetic Aperture Sonar Order for Activities in Canada’s North
ST. JOHN’S, NEWFOUNDLAND, October 27, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce a purchase order from Qikiqtaaluk Corporation (QC) for our AquaPix® synthetic aperture sonar (SAS) which will be integrated to an Autonomous Underwater Vehicle (AUV) that the Qikiqtaaluk Corporation will use to conduct ghost gear detection […]
Kraken Receives $1.1 Million Follow-On Battery Order from AUV Manufacturer
ST. JOHN’S, NEWFOUNDLAND, October 14, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce an order for subsea batteries from a manufacturer of Autonomous Underwater Vehicles (AUVs). The order is valued at $1.1 million and is a follow on from a $4.8 million order from the […]
PanGeo SubSea, a Kraken subsidiary, Completes Acoustic Corer™ Survey for ONE-Dyas off the Dutch Coast
ST. JOHN’S, NEWFOUNDLAND, October 11, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce that its PanGeo Subsea subsidiary has completed an Acoustic Coring campaign for ONE-Dyas in the North Sea. This is PanGeo’s second Acoustic Corer (AC) survey at ONE-Dyas’s GEMS development, supporting foundation engineering of the N05-A […]
Kraken’s KATFISH Towed Sonar Providing Strong Seabed Intelligence Value Proposition
St. JOHN’S, NEWFOUNDLAND, October 6, 2022 /GLOBE NEWSWIRE/ — The war in the Ukraine, and the recent sabotage of the Nordstream underwater pipelines in the Baltic Sea, is bringing increased focus on the growing demand for underwater technologies capable of providing seabed intelligence, when and where it is most needed. Kraken Robotics Inc. (TSX-V: PNG, […]
Kraken Receives $1.1 Million of Contracts for AquaPix® Synthetic Aperture Sonar Systems
ST. JOHN’S, NEWFOUNDLAND, October 5, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce contracts from two customers totaling $1.1 million for its AquaPix® Synthetic Aperture Sonar (SAS). Due to confidentiality reasons the customers cannot be named but deliveries will go to the UK and Singapore […]
Kraken Demonstrates KATFISH High Speed Towed SAS in Royal Navy WISEX Demonstration
ST. JOHN’S, NEWFOUNDLAND, September 28, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, recently participated in the Royal Navy’s (RN) WILTON Industry Show and Experiment (WISEX) on the ranges in Kilbrannan Sound off Campbeltown, Scotland. WISEX provides an opportunity for industry to showcase new systems for consideration by the […]
Kraken Qualified to Sell Directly to Government of Canada under Pathway to Commercialization Program
ST. JOHN’S, NEWFOUNDLAND, September 12, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that after successful completion of an Innovative Solutions Canada (ISC) Testing Stream contract with the Royal Canadian Navy earlier this year, Kraken has been among the first Canadian companies qualified to sell […]
PanGeo Subsea Completes Cable Depth of Burial Campaign to Support Estonian / Finnish Electricity Transmission
ST. JOHN’S, NEWFOUNDLAND – 7 September 2022 /GLOBE NEWSWIRE/ – Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, announces that its PanGeo Subsea subsidiary has completed cable depth of burial (DOB) surveys along the EstLink 1 and 2 cables during an offshore campaign utilizing PanGeo’s SeaKite ROTV equipped with the patented Sub-Bottom Imager™ […]
Kraken Receives $9.0 Million Contract for Additional Upgrades to NATO Navy’s Mine Hunting Capabilities
ST. JOHN’S, NEWFOUNDLAND, September 6, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has signed a follow-on contract to supply minehunting systems as part of a contract for new Mine Countermeasure Vessels (MCMVs) for a leading NATO Navy. Kraken’s KATFISH™ system has been […]
Kraken Reports Strong Q2 2022 Financial Results
Revenue of $14.3 million and adjusted EBITDA margin of 21% ST. JOHN’S, NEWFOUNDLAND, August 30, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter ended June 30, 2022. Additional information concerning the Company, including its consolidated financial statements and […]
