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 seabed mapping. “Seafloor mapping is one of the oldest professions known to humankind,” said Karl Kenny, President and CEO of Kraken. “For thousands of years, mariners have been measuring the depths under their vessels. Today’s ocean surveying market is valued at over US$3 billion per year. Kraken’s customers and prospects have asked for a high resolution seabed mapping solution that leverages our Synthetic Aperture Sonar (SAS) technology. With SoundPix®, we’ve given it to them – hydrographic surveyors can now increase the quantity of seafloor data, significantly improve data quality and lower data acquisition costs –…
Kraken Robotics is a marine technology company engaged in the design and sale of advanced sonar and optical sensors for underwater vehicles used in military and commercial applications. We are recognized as world leading innovators of SAS, a revolutionary underwater imaging technology that provides ultra-high resolution seabed imagery. In addition, we have developed our own underwater vehicles which offer a highly integrated underwater offering with a strong price/performance value proposition.
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