US Navy Creates Unmanned Undersea Vehicle Squadron

The establishment of the Unmanned Undersea Vehicle Squadron (UUVRON) 1, was announced and shows “the Navy’s commitment to the future of unmanned systems and undersea combat” US Navy Creates Unmanned Undersea Vehicle Squadron

U.S. Navy Racing to Test & Field Unmanned Maritime Vehicles

The Unmanned Maritime Systems Program Office is testing as many unmanned vehicles – both programs of record and prototypes alike – as fast as it can to learn lessons and field systems to the fleet. In this article, Capt. Jon Rucker, the unmanned maritime systems program manager (PMS 406) within the Program Executive Office for Littoral Combat Ships said he’s pushed to develop unmanned maritime systems and integrate them into how the Navy operates. Navy Racing to Test, Field Unmanned Maritime Vehicles for Future Ships

Kraken Awarded $2 Million Robotics Contract

ST. JOHN’S, NL–(Marketwired – September 21, 2017) – Kraken Robotics Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a contract valued at over $2,000,000. The contract entails the delivery of advanced sensors, underwater robotics and software. Delivery of the entire contract is expected in 4Q 2017. Further contract terms and program details are confidential. Karl Kenny, Kraken President and CEO said, “We’re delighted with this contract award from a highly valued customer. Over the past 18 months, Kraken has made a series of prudent investments in people and technology to advance the performance and affordability of our sensors and underwater robotics. It’s increasingly evident by our recent contract awards that these investments are paying off. The proven capabilities and reliability of our solutions provide our customers with a true technological edge for subsea survey applications in the Unmanned Maritime Vehicle (UMV) industry.” The…

Corporate Name Change to Kraken Robotics

Name Change Reflects Broader Commitment to Unmanned Maritime Systems Industry ST. JOHN’S, NEWFOUNDLAND, September 20, 2017 /Marketwired/ – Kraken Sonar Inc. (the “Company”) is pleased to announce that it has changed its name from Kraken Sonar Inc. to Kraken Robotics Inc. and that effective Friday, September 22, 2017, it will begin trading under its new name. The Company’s stock symbols will remain the same: TSX-V: PNG and OTCQB: KRKNF. The Company’s Canadian operating subsidiary, Kraken Sonar Systems Inc. (“KSSI”) has been renamed Kraken Robotic Systems Inc. (“KRSI”). While the public company name and Canadian operating subsidiary names will have changed, there has been no change to the Company’s ownership or corporate address. The name change is intended to reflect Kraken’s continued growth as it evolves from manufacturing sensors to supplying complete robotic systems, software and services in the global Unmanned Maritime Systems (“UMS”) market. An updated website will be available at…

Newfoundland Marine Technology Company is Evolving

Kraken discusses its growth from cutting its teeth in military markets with its synthetic aperture sonar (SAS) system to developing its own robotic systems to go after a bigger piece of the ocean survey industry and the various markets that exist therein. The company’s technology has been used to help locate some high profile historical items including test models of the Avro Arrow lost in the depths of Lake Ontario in the mid 1950s and one of the Franklin Expedition ships lost in the Canadian Arctic in 1845. The company will continue to invest in its existing technology, but is investing more in new areas including artificial intelligence. According to CEO Karl Kenny, “We have a team working on AI algorithms right now that will make our robots smarter, more autonomous, machine learning, be able to have the robot sense its environment and make decisions for itself. It can change…

Lockheed Martin Venture Unit Invests in Underwater Drone Company Ocean Aero

Lockheed’s technology investment unit, Lockheed Martin Ventures, announced Friday that it is backing a San Diego-based company called Ocean Aero, which makes various classes of seafaring drones, termed unmanned underwater vehicles, or UUV’s. The size and terms of the transaction were not disclosed, but the venture unit typically makes investments of between $1 million and $5 million. https://www.washingtonpost.com/news/business/wp/2017/09/15/robot-submarines-could-soon-be-used-to-spy-on-americas-enemies/?utm_term=.8e8205543676

Hunting for a Canadian Legend: Avro Arrow

The New York Times discusses the search for test models of the Avro Arrow supersonic military jet from the 1950s. The search off the northern shore of Lake Ontario, in Prince Edward County, is led by OEX Recovery Group and uses the ThunderFish Alpha, an autonomous underwater vehicle equipped with a high-resolution sonar system, from Kraken Sonar. View Article

Industry M&A – L3 Acquires Adaptive Methods

L3 Technologies has acquired undersea technology manufacturer Adaptive Methods to further build a portfolio in the unmanned and anti-submarine warfare domains. Terms of the transaction completed on Sept. 8 were undisclosed. Adaptive Methods will join L3’s sensor systems segment and will be renamed L3 Adaptive Methods. This is L3’s third acquisition in the last five months of a company with a footprint in the unmanned undersea market. L3 purchased drone maker OceanServer in April and added battery and energy technology company Open Water Power in May.   https://washingtontechnology.com/articles/2017/09/12/l3-adaptive-methods-buy.aspx    

Kraken Robotik Wins Technology Award

BREMEN, GERMANY–(Marketwired – September 12, 2017) – Kraken Sonar Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF), is very pleased to announce that its subsidiary, Kraken Robotik GmbH was recently awarded the Go-3D prize for Kraken’s SeaVision™ system. The Go-3D award was established to recognize outstanding technical achievement in the field of 3D visualization. It was presented by the Fraunhofer Institute for Computer Graphics Research in association with BITKOM, the German Association for Information Technology, Telecommunications and New Media. SeaVision™ is the world’s first full-color, 3D laser underwater imaging system. Equipped with a high-resolution camera and laser, the system allows users to reconstruct objects on the seabed in such a way that detailed models can be subsequently produced for 3D visualization. Dr. Jakob Schwender, Managing Director of Kraken Robotik GmbH said, “We’re very honored to accept this award. Modern technologies for the acquisition, processing and visualization of 3D data have become an increasingly important issue…

Kraken Enables Historic Avro Arrow Discovery

ST. JOHN’S, NEWFOUNDLAND, September 8, 2017 /Marketwired/ – Kraken Sonar Inc. (TSX-V: PNG) (OTCQB: KRKNF), a marine technology company dedicated to the production and sale of software-centric sensors and underwater robotic systems, is very pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc., working with the program organizers OEX Recovery Group, has discovered a free-flight Avro Arrow model on the floor of Lake Ontario. Image of Avro Arrow model captured by Kraken’s AquaPix® Synthetic Aperture Sonar The sonar images were captured using Kraken’s AquaPix® Synthetic Aperture Sonar deployed onboard Kraken’s ThunderFish® Autonomous Underwater Vehicle (AUV). OEX Recovery Group, the organizers of the program, are unveiling the images to media and project supporters in Toronto today. The sonar and underwater camera images showcase a free-flight Avro Arrow model that was launched over Lake Ontario in the 1950’s as part of the Avro Arrow design test program. David Shea, Kraken’s…

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