Search results for: kraken

297 results

A list of search results

  • 6 January 2021
    Innovation, Research & Development, Technology

    Offshore renewables research centre WavEC and its partners have completed the ‘Kraken‘ project aimed at developing an ROV robotic arm for the inspection, repair and maintenance of ocean energy devices. The kraken project received financing from FCT, GOBCAN-ACIISI and SEAI through OCEANERA-NET (Ocean Energy European Research Area Network). Led by WavEC in Portugal, and involving […]

  • 9 November 2020
    Business developments & projects, Innovation, Research & Development, Technology

    Kraken Robotics has completed its third offshore data acquisition and technology demonstration campaign as part of the $19-million OceanVision project. During this campaign the Canadian ocean tech company deployed its new SeaScout system. The system consists of Kraken’s KATFISH towed synthetic aperture sonar; the Tentacle winch; and autonomous launch and recovery system (ALARS) to conduct […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 31 August 2020
    Research & Development, Technology

    Kraken Robotics has secured $2.9 million from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP). The Canadian company will receive the funding over a 26-month project period. Specifically, Kraken will use it to support the development of its seabed resident ThunderFish XL autonomous underwater vehicle. Building from the previous development efforts of […]

  • 12 August 2020
    Business & Finance

    Kraken Robotics has added Sam Allen as a strategic advisor. Sam will help the company refine its strategy for the international offshore energy market with a focus on landing additional pilot projects and converting pilot projects to longer-term recurring revenue contracts. Allen is the former president of Technip Canada from inception in 1997 to 2012. […]

  • 5 August 2020
    Business & Finance, Technology

    Canada’s ocean company Kraken Robotics announced that Cathy Bennett has joined its board of directors. Bennett brings over 25 years of experience as an entrepreneur, business executive, and corporate director across various sectors. These include the government, energy, manufacturing, mining, restaurants, telecom, as well as technology sectors. Bennett was a member of the House of […]

  • 7 July 2020

    Kraken Robotics has been confirmed by the Royal Danish Navy as a supplier of the sonar systems, following the completion of a complaint process. Kraken was originally chosen as the successful bidder on a program for the acquisition of new sonar systems for the navy in October 2019. The delay since then was the result […]

  • 9 April 2020

    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 […]

  • 2 April 2020

    Kraken Robotics has achieved a practical resolution of two cm with a Commercial-Off-The-Shelf (COTS) Synthetic Aperture Sonar (SAS), the AquaPix MINSAS. Kraken’s Ultra HD software improves the AquaPix SAS image resolution from 3.0 x 3.3 cm (across along track) to 1.9 x 2.1 cm and maintains constant Ultra HD resolution across the entire swath. The […]

  • 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 […]

  • 28 February 2020
    Business & Finance, Equipment

    Canada-based underwater sensors & robotics specialist Kraken has been recognized by the Toronto Venture Stock Exchange as a 2020 Top 50 Company. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth. Karl Kenny, president and CEO of Kraken, […]

  • 24 January 2020
    Equipment, Operations & Maintenance

    Kraken Robotics has signed an eight year framework agreement with an unnamed international defense contractor. Under the agreement, Kraken’s Acoustic Signal Processing Group in Toronto will provide development, maintenance, and training to the customer to enhance and modernize its sonar product. Kraken’s Acoustic Signal Processing Group’s core competency is implementation of digital signal processing and […]

  • 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 […]

  • 6 January 2020
    Equipment, Project & Tenders

    Kraken Robotics’ wholly owned subsidiary, Kraken Robotic Systems, has secured a contract from the Government of Canada for the SeaVision 3D laser scanner. The contract is valued at $524,720. SeaVision was initially pre-qualified under the Canadian government’s Build in Canada Innovation Program (BCIP). Effective April 01, 2019, BCIP became the Innovative Solutions Canada –Testing Stream […]

  • 2 December 2019
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Kraken Robotics’ subsidiary Kraken Power has signed a multi-year supply agreement with Multi Pump Innovation (MPI) of Norway. Under the agreement, MPI will purchase RIM-driven thrusters and control systems for use in MPI’s new JetMaster automated cage cleaners used for fish farming. While JetMaster is a new product for MPI, its position in fish farming […]

  • 4 October 2019
    Equipment, Research & Development

    JSK Naval Support, the Canadian anti-submarine warfare (ASW) specialist, and Kraken Robotic Systems have teamed up to develop an enhanced autonomous underwater sonar solution. The two companies will combine expertise in open mission systems and unmanned underwater systems to develop the solution. Utilizing an autonomous underwater vehicle (AUV) from Kraken will give JSK’s advanced sonar […]

  • 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 […]

  • 3 October 2019
    Equipment, Research & Development

    Kraken Robotics has secured a grant of up to $749,746 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support research and development of Kraken’s ThunderFish XL Autonomous Underwater Vehicle (AUV). Kraken’s ThunderFish XL represents further development of the ThunderFish Alpha platform that was recently delivered to Defence Research and […]

  • 24 September 2019
    Business & Finance, Research & Development

    Kraken Robotics has announced plans to establish a joint venture with a company owned by Kraken board member, Larry Puddister, for the provision of subsea services. The joint venture will be called Ocean Discovery and will operate in Atlantic Canada. It is expected that a definitive agreement covering the establishment and operation of the joint […]

  • 18 September 2019
    Equipment, Project & Tenders

    Kraken Robotics has been awarded a contract from a military customer to provide high capacity SeaPower battery solution for an underwater robotics application. The contract, the second one from this undisclosed client, is worth approximately $2.0 million, the company informed. The previous order by the same customer was placed in April 2019, and had a […]

  • 10 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotic Systems has launched the initial phase of its OceanVision project. Starting in late September, Kraken will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada. OceanVision is a three-year, $20 million project focused on the […]

  • 20 August 2019
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics’ German subsidiary, Kraken Robotik, has been awarded a contract to deliver 3,000 meter rated SeaVision laser scanning sensors to the GEOMAR Helmholtz Centre for Ocean Research in Kiel, Germany.  The contract value is approximately $0.5 million with delivery expected during Q1, 2020. Under this contract, Kraken will deliver a twin pod SeaVision 3D […]

  • 16 August 2019
    Business & Finance, Equipment, Research & Development

    Kraken Robotics has delivered its ThunderFish 300 autonomous underwater vehicle (AUV) to its test partner, Defense Research and Development Canada (DRDC) in Halifax, Nova Scotia. Final sea acceptance testing was completed on August 8. The delivery to DRDC was facilitated by a $1 million contract award under the Canadian government’s Build in Canada Innovation Program. […]