Kraken announces pre-qualification of ThunderFish® for Canada’s BCIP Program

Kraken Robotics Inc., is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been formally notified by the Government of Canada that its application to the Build in Canada Innovation Program (BCIP) has been approved. The Company has been pre-qualified into the program for its ThunderFish® 300 Autonomous Underwater Vehicle (AUV) for military and scientific applications.

Karl Kenny, Kraken’s President and CEO said, “We are proud to have achieved pre-qualification status with the BCIP. This is yet another significant milestone in Kraken’s evolution to becoming a vertically integrated underwater robotics company.”

The ThunderFish® AUV is an innovative marine robot designed for ultra high-resolution seabed imaging and mapping applications. It can be used for a wide range of oceanographic and military tasks including underwater surveys, environmental monitoring, habitat mapping, marine archaeology, inspection of submerged structures, searching for downed aircraft and naval mine countermeasures. ThunderFish® carries an array of sensors and custom payload modules, including Kraken’s AquaPix® Synthetic Aperture Sonar. The platform can be configured to operate at depths up to 6,000m and is ideal for monitoring or surveillance tasks where cost efficiency, ease of deployment and operational simplicity matters. Its modular design allows for rapid sensor reconfiguration and battery replacement.

Technological innovations in sensors, high performance computing and robotics now enable next generation underwater robots that are cost effective, light weight and easier to operate. AUVs are fast becoming accepted as highly useful data gathering platforms as both the range and depth parameters are being advanced by developments in battery technology, propulsion efficiency and pressure tolerant packaging.

The global AUV market is experiencing an advanced rate of growth due to increasing demand in military, commercial and ocean research applications. Industry analysts Markets and Markets forecast that the global AUV market is expected to grow from US$310 million in 2016 to over US$1.2 billion by 2023, at a CAGR of over 22% during the forecast period.

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