Avitas Systems, a GE Venture, Partners with Kraken to Advance Subsea Robotic Inspection
St. JOHN’S, NEWFOUNDLAND – OCTOBER 26, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has entered a strategic partnership with Avitas Systems, a GE Venture. The companies will integrate Autonomous Underwater Vehicles (AUVs), acoustic and laser sensor technology and artificial intelligence-based navigation software […]
Kraken Appoints New Board Member
ST. JOHN’S, NEWFOUNDLAND, OCTOBER 10, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) is very pleased to announce that retired Vice Admiral Michael J. Connor, United States Navy, has joined its Board of Directors. In a 35-year career in which he rose to the rank of Vice Admiral in the United States Navy, […]
Kraken’s Cash Balance Increases in Q3
ST. JOHN’S, NEWFOUNDLAND, OCTOBER 3, 2017 /Marketwired/ — Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that it ended 3Q17 with approximately $800,000 in cash and unused credit facilities and had $2.0 million available to be drawn down on non-repayable government grants. During the first week after quarter end, we expect to receive an […]
