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 […]
The Next Frontier for Defense Drones may be the World’s Oceans
“Blue Tech for the maritime defense sector feels like where Clean Tech was a decade ago,” said Greg Murphy, executive director of The Maritime Alliance, a San Diego trade group for the Blue Tech industry. “There is momentum. The Navy is increasingly using autonomous systems, and the large defense contractors are starting to buy up […]
Navy Plans “Simpler Truck” for its Unmanned CounterMine Mission
The U.S. Navy still plans to hunt for maritime mines using autonomous craft but the service likely will attack the problem from a different angle, says Adm. John Richardson, the chief of naval operations. http://www.auvsi.org/unmanned-systems-magazine-navy-plans-%E2%80%98simpler-truck%E2%80%99-its-unmanned-countermine-mission
Kraken Welcomes Vice Admiral Connor to Its Board
Kraken Robotics has informed that retired Vice Admiral Michael J. Connor, United States Navy, has joined its Board of Directors. View Article
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, […]
U.S. Navy to Rely on Boeing and Lockheed Martin to develop Extra Large AUV
The US Navy has awarded defence companies Boeing and Lockheed Martin contracts to develop a large submersible dubbed the Orca Extra-Large Unmanned Underwater vehicle (XLUUV). This contract will have the two companies develop all the required data for the project. Lockheed Martin has been given $43.2m (£32.7m) and Boeing $42.3m to design their own versions of […]
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 […]
