10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Kraken Wins Deep-Sea Battery Contract with Ocean Infinity

    1 August 2018
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics said it has agreed a deal for Ocean Infinity to purchase $9 million of Kraken’s deep-sea batteries. According to the company, delivery dates are expected between Q4 2018 and Q4 2019. Kraken will arrange for these batteries to be built by Kraken Power, an entity in which Kraken currently holds a 19.9% interest. […]

  • Kraken in CAD 400K Defence Deal

    5 May 2016
    Business & Finance, Equipment, Project & Tenders

    Kraken Sonar Systems has invoiced a major European defense contractor for over CAD 400,000. Proceeds are expected to be received during Q2 2016. The company was unable to disclose the customer at this time, reportedly, due to competitive reasons. Kraken recently provided an AquaPix Miniature Interferometric Synthetic Aperture Sonar (MINSAS) for integration and sea trials on the customer’s […]

  • AD Ports, ASRY to boost green ship recycling in Bahrain

    13 June 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    The UAE-based terminal operator AD Ports Group and the Arab Shipbuilding & Repair Yard Company (ASRY) have entered into three Heads of Terms (HoTs) agreements to collaborate on delivering marine services and developing ‘key’ maritime and port initiatives in Bahrain. As disclosed, the first HoT is directly related to a joint venture (JV), which is to […]

  • Kraken Secures $500K Canada Backing

    9 February 2016
    Business & Finance, Equipment, Research & Development

    Kraken Sonar’s wholly-owned subsidiary, Kraken Sonar Systems Inc., will receive a non-refundable financial contribution of up to $495,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). In addition to technical and business advisory services provided by NRC-IRAP, the funding is being used to develop the Kraken Active Towed Fish (KATFISH) for […]

  • Kraken Sonar Nets AquaPix Order

    29 April 2015
    Equipment, Project & Tenders

    Kraken Sonar Systems Inc. has received an order for its AquaPix® Synthetic Aperture Sonar system from international defence contractor. Over the past 60 days Kraken has received orders exceeding $1.2 million with deliveries expected in the current financial quarter, the company informed. “AquaPix® is a game changer for seabed mapping,” said Kraken President and Chief […]

  • Enquest: Kraken on Target for June Launch

    25 May 2017
    Operations & Maintenance

    Enquest has informed that the Kraken development is on track to deliver first oil before the end of June 2017, with further progress on drilling. All drilling is now complete on drill centre 1 (DC1) and DC2 and the rig has moved to DC3. DC1 and DC2 subsea commissioning is complete and ready for operation. The […]

  • Cairn, EnQuest Buy Additional Interest in Kraken

    22 February 2016

    Cairn’s wholly owned subsidiary, Nautical Petroleum Limited, has acquired additional 4.5% interest in the Kraken development in the UK North Sea from First Oil bringing Cairn’s total working interest to 29.5%. Cairn and EnQuest, the operator of the Kraken development, are both taking up First Oil’s interests pro-rata to their holdings prior to the transaction. EnQuest’s […]

  • Armada Kraken FPSO named in Singapore

    29 August 2016
    Infrastructure

    Singapore’s Keppel Offshore & Marine is set to deliver a Floating Production Storage and Offloading (FPSO) vessel to Malaysian shipowner Bumi Armada. The naming ceremony of the FPSO, Armada Kraken, was held at Keppel Shipyard on Saturday, August 27, 2016. Armada Kraken is a harsh-environment FPSO unit that is designed for operations in the North […]

  • EnQuest in talks with Delek for Kraken stake sale

    18 July 2016

    UK-based exploration and production company EnQuest has informed that it is holding discussions with Israel-based Delek Group for the sale of 20% interest in the Kraken development in the UK sector of the North Sea.  Kraken is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking […]

  • Kraken to Provide Services for Canadian DND

    26 November 2018
    Project & Tenders

    Kraken Robotics has secured a contract from Public Works and Government Services Canada valued at $468,000, to provide services for the Canadian Department of National Defense (DND). Under the contract, Kraken will provide testing, repairs, integration and upgrading of an AquaPix Interferometric Synthetic Aperture Sonar (InSAS) sensor. The AquaPix InSAS sensor was originally sold to DND for integration on […]

  • Kraken Enters Strategic Alliance with ThayerMahan

    26 February 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotics’ wholly-owned subsidiary, Kraken Robotic Systems has entered into a strategic alliance agreement with ThayerMahan, a US-based systems integrator specializing in maritime autonomous systems. Both companies are collaborating to deliver next generation underwater sensors and robotics for military, law enforcement, port and maritime security and environmental monitoring applications. ThayerMahan was founded by retired U.S. […]

  • Kraken Receives ThunderFish Alpha AUV

    30 June 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Sonar has formally taken delivery of ThunderFish Alpha autonomous underwater vehicle (AUV) designed for deep sea military, commercial and scientific applications. The ThunderFish Alpha AUV (formerly called DEDAVE) was developed by Germany’s Fraunhofer Institute and will be used as a technology demonstrator platform to support ongoing development of Kraken’s underwater sensor and robotics programs. […]

  • UK: Enquest Buys Further into Kraken

    24 January 2012
    Business & Finance

      EnQuest PLC (‘EnQuest’) today announces that it has agreed with Nautical Petroleum plc (‘Nautical’) to acquire a 25% interest in the Kraken oil discovery, together with interests in surrounding exploration acreage. This agreement, by which EnQuest will also become the operator of the proposed development of Kraken, is subject to the normal regulatory and […]

  • UK: EnQuest Completes Kraken Acqusition

    16 March 2012

    EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of 25% of the in the UK North Sea blocks 9/2b and 9/2c, including the Kraken discovery, from Nautical Petroleum plc. This agreement and the associated details of the transaction were announced on 24 January 2012 when Enquest reported it would will pay Nautical […]

  • Kraken and Baltic Diver Become Strategic Alliance Partners

    11 April 2019
    Equipment, Project & Tenders, Research & Development

    Kraken Robotics and Baltic Taucherei-und Bergungsbetrieb Rostock GmbH (Baltic Diver) have finalized a Memorandum of Understanding (MoU) on a Strategic Alliance for maritime robotics technology, products, and services. In addition, Kraken and Baltic Diver will be jointly hosting a series of demonstrations in the Baltic region this summer of 3D subsea digital inspection technology. The […]

  • Kraken Robotics secures $2.2M in new projects and funding

    15 March 2021
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    Canadian marine technology company Kraken Robotics has secured $2.2 million in new contracts for subsea batteries and synthetic aperture sonar, and funding awards for new projects.

  • Kraken bags pair of Navy deals

    9 September 2020
    Authorities & Government, Equipment, Safety, Technology

    Canada’s ocean tech company Kraken Robotics has recently secured contracts with Royal Danish Navy and Polish Navy. The Royal Danish Navy deal will see Kraken supply mine-hunting sonar equipment. Specifically, Kraken will deliver its KATFISH towed Synthetic Aperture Sonar, Tentacle Winch and Autonomous Launch and Recovery System (ALARS). Kraken’s minehunting system will integrate onboard the […]

  • Kraken Sonar Welcomes New Board Member

    14 October 2016
    Business & Finance, Equipment

    Kraken Sonar has added Larry Puddister to the company’s board of directors. Puddister is co- chairman of Pennecon Limited, and also a majority shareholder and CEO of Newcrete. Karl Kenny, Kraken’s president and CEO, said: “We are delighted to welcome Larry to the Kraken Board of Directors. His extensive experience, keen instincts, and global industry connections should prove to […]

  • Keppel lands Kraken FPSO deal

    1 July 2014
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million (USD 295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd (Armada […]

  • Ocean Infinity Buys into Kraken Robotics

    21 June 2018
    Business & Finance, Equipment, Operations & Maintenance

    Kraken Robotics said it has reached a non-brokered private placement offering deal with Ocean Infinity whereby Ocean Infinity will acquire 9.99% of Kraken’s issued common shares. Kraken’s relationship with Ocean Infinity started in 2017, and this investment in Kraken should form the starting point for the expansion of this relationship. Given this, Kraken and Ocean […]

  • Kraken Selected for Mine Hunting Upgrade Program

    4 October 2019
    Project & Tenders

    Kraken Robotics has been chosen as the successful bidder on a program for the acquisition of new sonar systems for an unnamed international navy. The navy customer has notified Kraken that it intends to enter into a contract with the company after the expiration of a standstill period. This was a competitive bid process for […]

  • Kraken Robotics raises $10 million

    26 October 2020
    Business & Finance, Research & Development, Technology

    Canada’s ocean tech company Kraken Robotics has closed its previously announced “bought deal” short form prospectus offering of common shares. The company sold a total of 15,500,000 common shares at a price of 67 cents per common share for gross proceeds of close to $10.4 million inclusive of the partial exercise of the over-allotment option. […]

  • Kraken Sets Up Subsidiary in Bremen

    9 December 2016
    Business & Finance, Equipment

    Kraken Sonar Inc. informed that effective January 1, 2017, its new German subsidiary, Kraken Robotik GmbH (KRG) will start operations at the Bremen Innovation and Technology Centre (BITZ). In addition to customer support, KRG will focus on the development of 3D imaging sensors, machine learning and artificial intelligence (AI) algorithms for underwater robotic platforms. Machine […]

  • Kraken Gets Funds for Seabed Mapping Development

    17 March 2015
    Business & Finance, Equipment, Research & Development

    Kraken Sonar Systems (Kraken) has been awarded a non-refundable financial contribution of up to $450,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). In addition to technical and business advisory services provided by NRC-IRAP, the funding is being used to develop a real-time, ultra high resolution seabed mapping system that is […]

  • UK: EnQuest Increasing Its Interest in Kraken

    26 April 2012

    EnQuest PLC (‘EnQuest’) today announces that it has agreed with First Oil plc (‘First Oil’) the proposed acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’), bringing EnQuest’s total interest in Kraken to 60%. Today’s agreement is subject to the normal regulatory and partner consents and is […]