September 15, 2017

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 its parameters, its speed, its sensors and payload performance.”

http://www.thetelegram.com/business/2017/9/15/newfoundland-marine-technology-company-kraken-evolving.html

 

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