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Kraken Robotics (TSXV:PNG) awarded $1.6M contract for AquaPix Synthetic Aperture Sonar Systems

Technology
TSXV:PNG
30 May 2022 09:00 (EDT)

Kraken Robotics (PNG) has received $1.6M in new contracts for its AquaPix Synthetic Aperture Sonar (SAS) to be delivered in 2022. 

Kraken’s AquaPix deliver high resolution, range, and broad area coverage rates (ACR). The increased range, resolution and associated higher ACR of SAS over traditional side scan sonar systems expands the capabilities of naval, scientific, and commercial applications.

AquaPix is uniquely positioned within the industry to bring this capability to the increasingly popular small, man-portable vehicle class. AquaPix is modular and has been integrated and deployed on over 20 different underwater vehicle platforms from shallow water to full ocean depth.

Headquartered in Newfoundland, Kraken Robotics is a marine technology company offering software-centric sensors, subsea batteries and thrusters, and underwater robotic systems.

Kraken Robotics Inc. (PNG) opened trading at C$0.325.

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