- Kraken Robotics Inc. (PNG) has been awarded a Robotics as a Service (RaaS) contract from Newfoundland and Labrador Hydro
- The contract is for the inspection of the Strait of Belle Isle Submarine Cable
- The $598,871 contract will be executed in Q3, 2021
- Kraken Robotics is a marine technology company
- Kraken Robotics Inc. (PNG) opened trading at C$0.57 per share
Kraken Robotics Inc. (PNG) has been awarded a Robotics as a Service (RaaS) contract from Newfoundland and Labrador Hydro.
The contract is for the inspection of the Strait of Belle Isle Submarine Cable. This cable provides power to Newfoundland from Labrador.
The $598,871 contract was the result of a recent competitive tender issued by Newfoundland and Labrador Hydro (formerly Nalcor Energy). Under the contract, Kraken will deploy its KATFISH™ towed SAS sonar system including our Automatic/Remote Launch and Recovery System (ALARS) deployed on the R/V Ocean Seeker.
This contract will be executed in Q3, 2021.
Kraken will survey the three cables along the crossing. Each cable route is approximately thirty-one kilometres long with twenty-seven kilometres laying on the seabed and four kilometres protected by cable conduits.
Kraken’s Synthetic Aperture Sonar (SAS) technology will provide NALCOR with ultra-high 3cm resolution seabed imagery and 3D 25cm resolution bathymetry.
The Ocean Seeker is a state-of-the-art 72-foot high-speed Catamaran Survey vessel that holds the Kraken KATFISH™, Tentacle Winch™, and ALARS.
Due to the KATFISH’s ability to process SAS data in real-time, data will be instantly viewable onboard the vessel during the survey. Any cable or rock berm anomalies identified will be geolocated, providing the ability to collect additional data needed. During these survey operations, the Ocean Seeker will perform 12-hour daily operations of the SOBI submarine cables.
Kraken Robotics is a marine technology company dedicated to producing and selling software-centric sensors, subsea batteries and thrusters, and underwater robotic systems.
Kraken Robotics Inc. (PNG) opened trading at C$0.57 per share.