Kraken Successfully Completes RaaS Contract

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has successfully completed a Robotics as a Service (RaaS) contract with the Royal Canadian Navy (RCN), for testing of Kraken’s ultra-high resolution survey equipment. This $0.5 million contract was funded under the government of Canada’s Innovative Solutions Canada program, and the testing department for this service offering was the RCN’s Fleet Diving Unit Atlantic (FDU-A) based in Halifax, Nova Scotia. The RCN has a mandate to develop and maintain an advanced sonar imaging and data storage capability for all three coasts, and to deploy this capability to national and international areas of interest.

Augmenting the RCN’s Current Capabilities
This contract provided the RCN FDU-A access to cutting edge technology and high-resolution seabed data. With Kraken deploying its KATFISH towed SAS sonar system as well as integrating a Kraken Light Weight SAS (LW-SAS) onboard a RCN-owned Huntington Ingalls REMUS 100 Unmanned Underwater Vehicle (UUV), Kraken’s RaaS service demonstrated that FDU-A’s existing capabilities can be augmented by using service-based offerings of cutting-edge technology with significantly better data, at a much lower cost, and leveraging continuously improving capabilities.

Throughout the course of the contract, Kraken’s team successfully demonstrated that the range, area coverage rates, and resolution of Kraken’s KATFISH and LW-SAS systems met or exceeded target specifications. Furthermore, the Kraken and FDU-A teams worked closely on integration of the payload, demonstrating that the LW-SAS can be installed and removed from vehicles in the field. Finally, the FDU-A team was trained on using Kraken’s cloud-based post mission analysis tools for interrogating data following mission completion, and for conducting change detection.

Commenting on the successful completion of this contract, Karl Kenny, Kraken President and CEO noted, “Kraken is excited to be once again working closely with our own RCN as an ‘Early Adopter’ to augment existing RCN Route Survey capabilities with a service offering based on the latest SAS technology available. The experience of working side by side with our FDU operators provided invaluable feedback to our engineers and technicians, and the RCN’s evaluation will serve as an excellent reference for a global offering, in particular to other NATO allies. Furthermore, the RCN’s objective comparison of the data from our RaaS offering against legacy sonar data provided demonstrative evidence of the superior image resolution and accuracy of Kraken survey data.”

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