Kraken Robotics Receives $3.7M of Orders for Subsea Security Equipment

May 08, 2024

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Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received an order for spares and sustainment of its KATFISH™ Mine Counter Measures (“MCM”) solution totalling $2.2 million. In addition, the Company received orders for AquaPix® synthetic aperture sonars (SAS) totalling $1.5 million. These systems will be integrated to Autonomous Underwater Vehicles (AUVs) from new navy customers for use in minehunting and subsea infrastructure security applications. Customer details cannot be disclosed. Deliveries will occur in 2024.

Source : Kraken Robotics Inc.