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 […]
Using Laser Scanning for Next Generation Subsea Metrology
Subsea technology companies demonstrated a new underwater surveying technique that could significantly shorten the time needed to map underwater structures and offshore sites. The event was organized by DOF Subsea to showcase the capabilities of dynamic mobile mapping. The new technique uses a 3D laser scanner fitted to an ROV to create highly detailed, point […]
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 […]
Aquabotix to List on Australian Stock Exchange
The listing of US-based Aquabotix makes it one of the few pure-play publicly-listed underwater drone companies. The company makes portable underwater vehicles, which it says are used by commercial, educational, industrial, government, military and recreational applications and by anyone looking to explore under water. According to company filings, since 2011, Aquabotix has sold 840 units […]
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 Hires Ex Rolls Royce Engineers in Nova Scotia
Since January 2016, Bill Spencer has been running the Dartmouth branch of Kraken Sonar, the Newfoundland-based marine tech firm that moved into Nova Scotia at the same time. Since starting there, Spencer has brought on board four of his former Rolls-Royce colleagues — mechanical engineers Henry Vietinghoff and Ryan Ferguson, electrical engineer James Mallett and designer […]
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 […]
