10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Watch: Dive Technologies wraps up AUV trials powered by Kraken

    29 October 2020
    Equipment, Innovation, Research & Development, Technology

    Boston-based subsea robotics firm Dive Technologies recently completed sea trials of a Large Displacement Autonomous Underwater Vehicle (LD-AUV), powered by Kraken Robotics pressure tolerant batteries. As a result, Kraken expects further contracts with Dive for additional batteries in 2020 and beyond. Kraken and Dive Technologies entered into an agreement in August 2020 whereby Kraken agreed […]

  • RDC Supports Kraken ThunderFish AUV Program

    15 May 2017
    Equipment

    Kraken Sonar has secured a non-refundable financial contribution of $745,950 by the Research & Development Corporation (RDC) of Newfoundland and Labrador. The funding will support development of Kraken’s ThunderFish autonomous underwater vehicle (AUV) program. The ThunderFish program will combine smart sonar, laser and optical sensors, advanced pressure tolerant battery and thruster technologies and cutting edge […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • EnQuest Becomes Operator of Kraken (UK)

    14 September 2012
    Business & Finance

    EnQuest has completed the acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’) from First Oil. EnQuest now operates Kraken with 60% stake while First Oil owns 15%. The remaining 25% is held by Nautical Petroleum. Kraken is a large heavy oil accumulation in the UK North […]

  • UK: EnQuest Seizes Kraken Stake

    9 January 2012
    Business & Finance

    EnQuest PLC has agreed with Canamens Limited to buy two of its companies, whose assets include the 20% interest in the Kraken oil discovery. EnQuest will pay an initial consideration of US$45 million dollars in cash and a further US$45 million in cash, contingent upon approval of the Kraken Field Development Plan (‘FDP’) by the […]

  • EnQuest – Delek Kraken Deal Fails

    15 September 2016
    Business & Finance, Operations & Maintenance

    EnQuest and Delek have not been able to reach an agreement with regard to the potential sale of an interest in the Kraken development. In July this year, EnQuest entered into discussions with Delek for the sale of an interest in the Kraken development to one of Delek’s subsidiaries. The two companies signed a non-binding […]

  • 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 […]

  • 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 teams up with Greensea Systems

    9 April 2020
    Technology

    Kraken Robotics has entered into a partnership agreement with Greensea Systems to expand collaborative efforts to advance the capabilities of marine robotics. Under the agreement, Greensea will support development, integration, and testing work with Kraken across several of Kraken’s technology platforms. The companies have worked together over the last twelve months to utilize the OPENSEA […]

  • Kraken Books $1.6M in Q3 Revenues

    1 December 2017
    Business & Finance, Equipment

    Newfoundland-based marine technology company Kraken Robotics said it has generated revenues for the three months ended September 30, 2017 of $1.6 million, compared to $0.9 million same time last year. Revenues during the quarter related to delivery of the company’s AquaPix MINSAS sensor product to two European defense customers, first revenues from its Robotics-as-a-Service offering […]

  • Kraken Finalizes Contract for OceanVision Project

    21 January 2020
    Operations & Maintenance, Research & Development

    Kraken Robotics has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners, Petroleum Research Newfoundland and Labrador, Ocean Choice International and Nunavut Fisheries Association. OceanVision is a three-year, $18.8 million, project focused on the development of new marine technologies and products to enable an underwater robotics data acquisition and data […]

  • 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, Tritech in Technology Cooperation Agreement

    4 August 2015
    Equipment, Project & Tenders

    Kraken Sonar Systems has entered into an agreement with Tritech International Limited for the supply of technology to the subsea industry. Under the terms of the multi-year agreement, Tritech will sell the Kraken-developed Correlation Velocity Log (CVL), AquaTrak, under the Tritech name and branding. “We are very pleased to have signed this agreement with Tritech, […]

  • Kraken Sonar for ECA Robotics AUV

    12 August 2015
    Business & Finance, Project & Tenders

    Kraken Sonar has been awarded a contract valued at over US$325,000 by ECA Robotics. Kraken will supply and help integrate its AquaPix Miniature Interferometric Synthetic Aperture Sonar and Embedded Real-Time SAS Signal Processor on ECA Robotics’ (ECA Group) newest A18D Autonomous Underwater Vehicle (AUV). “AquaPix® is a game changer for seabed survey,” said Kraken President […]

  • 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 […]

  • Kraken Wins US Navy Deal

    24 June 2019
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics has been selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) program in support of a US Navy Program of Record managed by the Naval Sea Systems Command, EOD Program Office. The FCT is designed to test selected foreign technologies as […]

  • Kraken KATFISH on U.S. Navy Trials

    8 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Kraken Robotics has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center – Division Newport (NUWCDIVNPT). The CRADA covers the operation of Kraken’s high-speed actively controlled towed Synthetic Aperture Sonar, KATFISH, for multi-mission applications, including mine countermeasures. The CRADA defines a joint research and development relationship between NUWCDIVNPT […]

  • Kraken Welcomes New Team Members

    13 July 2015
    Business & Finance

    Kraken Sonar announces that Dr. Tom Tureaud and Gina Millar have joined the Company to further develop its sensors-to-systems strategy. Karl Kenny, President and Chief Executive Officer of Kraken, noted, “We view these appointments as a sign of our commitment to being a leading company in our industry. Our new innovations and increasing customer demand […]

  • Petrofac working on Armada Kraken FPSO

    20 May 2015

    Petrofac, the international oil and gas facilities service provider, has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken bound for the North Sea. These services will be performed by Bumi Armada supported by Plant Asset Management, the asset performance management […]

  • 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 in Several New Contract Wins

    16 March 2020
    Project & Tenders

    Kraken Robotics has secured new contracts for batteries, sonar sensors, and support totaling $2.8 million.  Kraken has received orders from four unnamed US companies and one Canadian company. The company expects to fulfill these contracts in the first half of 2020. A new customer primarily targeting the defense industry will be using Kraken SeaPower batteries […]

  • Kraken, Fraunhofer Ink Licensing Agreement

    17 March 2017
    Equipment, Project & Tenders

    Kraken Sonar has signed a licensing agreement for underwater robotics technology with Germany’s Fraunhofer Institute for Optronics, System Technologies and Image Exploitation (IOSB). Fraunhofer has developed the Dedave autonomous underwater vehicle (AUV) which is an integral part of the agreement. Kraken will exclusively license the Dedave software and hardware IP and technology for large AUVs […]