Kraken Robotics Receives $3M in Orders for Synthetic Aperture Sonar Systems

September 23, 2024

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Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that it has received several orders totaling approximately $3 million for Miniature Synthetic Aperture Sonar (MINSAS) systems from three separate customers.

“In the current geopolitical environment, we are seeing an increased need for synthetic aperture sonar systems to be used in mine countermeasure operations,” said Greg Reid, President and CEO of Kraken. “We’re increasing our inventory to be able to more quickly respond to this need, enabling navies worldwide to collect critical data for accurate and efficient decision-making.”

The Man-Portable SAS (MP-SAS) and MINSAS 120 systems have been ordered for integration on uncrewed underwater vehicles for international naval customers.

Kraken’s MINSAS offers industry-leading resolutions of up to 2 cm x 2 cm (post-processed) at 200 meters per side in a compact, light-weight form factor. It is designed to be easily integrated on a variety of platforms including UUVs, remotely operated vehicles, and Kraken’s KATFISH™ towed SAS. Kraken has been selling MINSAS systems since 2015 to defense and commercial customers in more than 15 countries worldwide.

Source : Kraken Robotics Inc.