Kraken Reports Q2 2017 Financial Results

ST. JOHN’S, NEWFOUNDLAND, August 30, 2017 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced it has filed its financial results for the second quarter ended June 30, 2017. Additional information concerning the Company, including its audited consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended June 30, 2017, […]

Atlas Elektronik Awards Kraken $425,000 Contract

AquaPix® MINSAS Integrated Onboard ATLAS SeaCat Autonomous Underwater Vehicle ST. JOHN’S, NEWFOUNDLAND, August 30, 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded a contract valued at over C$425,000 by ATLAS ELEKTRONIK Canada. Kraken will supply and integrate its AquaPix® Miniature […]

AWI Retrieves Its Underwater Robot After Year Long Mission

Deep-sea researchers from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) have recovered the underwater robot Tramper, which had been taking measurements at a depth of 2435 metres for nearly 60 weeks – the first long-term mission involving a crawler under the Arctic sea ice. http://subseaworldnews.com/2017/09/08/awi-retrieves-its-underwater-robot-after-year-long-mission/?uid=42572

AUV Finds Long Lost USS Indianapolis

A team piloting Microsoft co-founder Paul Allen’s research vessel, the R/V Petrel, has found the wreck of the USS Indianapolis at the bottom of the Philippine Sea. The USS Indianapolis played an important role in WWII history, including the delivery of parts for the atomic bombs that would eventually drop on Japan. Its wreck has […]

China Using Underwater Drones in South China Sea

China dropped a dozen underwater drones, also known as unmanned underwater vehicles, in an unspecified location in the South China Sea to carry out “scientific observations,”according to state-run media outlet Xinhua. The torpedo-shaped vehicles — called Haiyi, or sea wings in Mandarin — will remain underwater for a month, according to reports.   https://www.cnbc.com/2017/08/12/china-uses-underwater-drones-in-south-china-sea.html

Atlas Elektronik Wins UK Order for Over 30 Workboats

Atlas Elektronik UK (AEUK) has been awarded a contract valued at £48m for the supply and support of up to 38 Common Workboats for the UK’s Ministry of Defense (MoD) over a six-year period. Ranging in size from 11 to 18 meters, the multi-role ‘SEA Class’ vessels share common components and will be modular in […]

Kraken Named To Marine Technology Top 100

ST. JOHN’S, NEWFOUNDLAND – AUGUST 9, 2017— /Marketwired/ –  Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR100 2017 – a list of the 100 most influential companies in the international marine technology marketplace. This is […]

Kraken Provides Corporate Update and Announces New Team Members

Sensors-to-Systems Strategy Continues to Advance ST. JOHN’S, NEWFOUNDLAND, 03 AUGUST 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF) is pleased to update our shareholders on recent corporate developments. “Since our last update, we have not only expanded our current strategic relationships but are also in discussions with potential new strategic partners that could […]