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…

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Kraken Real Time Sonar Deployed on US Navy AUV

Kraken Robotics Inc. announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc., has completed development of a real-time Synthetic Aperture Sonar (“SAS”) system that has been successfully integrated and tested onboard a US Navy REMUS 600 Autonomous Underwater Vehicle (AUV) operated by the Naval Undersea Warfare Center in Rhode Island. “Kraken is proud to have developed an AUV solution for real-time, ultra high-resolution imaging and 3D mapping of the seafloor,” said Karl Kenny, Kraken’s President and CEO. “We expect this technology will revolutionize the way in which big data…

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Corporate Name Change to Kraken Robotics

Kraken Sonar Inc. is pleased to announce that it has changed its name from Kraken Sonar Inc. to Kraken Robotics Inc. and that effective Friday, September 22, 2017, it will begin trading under its new name. The Company’s stock symbols will remain the same: TSX-V: PNG and OTCQB: KRKNF. The Company’s Canadian operating subsidiary, Kraken Sonar Systems Inc. (“KSSI”) has been renamed Kraken Robotics Systems Inc. (“KRSI”). While the public company name and Canadian operating subsidiary names will have changed, there has been no change to the Company’s ownership or…

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