Kraken to Supply AquaPix® MINSAS for Riptide’s Compact Unmanned Underwater Vehicles

ST. JOHN’S, NEWFOUNDLAND – (Marketwired – 29 March 2017) – Kraken Sonar Inc. (Kraken) (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has teamed with Boston-based Riptide Autonomous Solutions (Riptide) to supply AquaPix® MINSAS for integration onboard Riptide’s new 2-Man Portable UUV platform. Riptide has developed a highly flexible, open source […]
Kraken Announces SeaVision™ 3D Laser System

World’s First Full Colour 3D Underwater Laser Imaging System Provides Millimetre Accuracy in Real Time ST. JOHN’S, NF and BREMEN, GERMANY–(Marketwired – March 28, 2017) – Kraken Sonar Inc. (Kraken) (TSX VENTURE: PNG) announced today that its subsidiary, Kraken Robotik GmbH, will introduce its new SeaVision™ system at the upcoming Ocean Business conference to be held in Southampton, […]
Kraken Announces CDN$2,000,000 Private Placement

ST. JOHN’S, NL–(Marketwired – March 27, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) (“Kraken” or the “Company”) is pleased to announce that it is undertaking a non-brokered private placement offering for aggregate gross proceeds of up to CDN$2 million (the “Offering”). Pursuant to the Offering, the Company may issue up to an aggregate of up to […]
Kraken Receives Financial Contribution from The Government of Canada

Funding Will Support Development of Kraken’s Underwater Robotics Technology Program ST. JOHN’S, NL–(Marketwired – March 21, 2017) – Kraken Sonar Inc. (Kraken) (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc., will receive a non-refundable financial contribution of up to $1,470,000 from the National Research Council of Canada Industrial Research Assistance […]
Kraken and Fraunhofer Sign Technology Licensing Agreement for Underwater Robotics

Kraken’s Technology Portfolio Valued at Over C$20M ST. JOHN’S, NEWFOUNDLAND, MARCH 15, 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) announced today that in a strategic move to further strengthen its IP portfolio, it has signed an exclusive licensing agreement for underwater robotics technology with Germany’s Fraunhofer Institute for Optronics, System Technologies and Image Exploitation (IOSB). Fraunhofer is […]
Kraken’s KATFISH Completes Successful Phase One Sea Trials

ST. JOHN’S, NL –(Marketwired – March 08, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that it has successfully completed phase one sea trials of its KATFISH™ towed Synthetic Aperture Sonar system. Karl Kenny, Kraken’s President and CEO said, “These are exciting times in the underwater robotics industry. Customers are starting to fully […]