- Kraken Robotics Inc. (PNG) has acquired 13 Robotics Ltda of Brazil (13R) for US$220,000
- 13R is a team of software developers and engineers with experience in underwater robotics and autonomous systems for the energy markets
- 13R has completed projects for a number of global energy companies
- Kraken’s acquisition of 13R provides access to the Brazilian offshore oil and gas industry
- Kraken Robotics Inc. (PNG) is a marine technology company
- Kraken Robotics Inc. (PNG) opened trading at C$0.70 per share
Kraken Robotics Inc. (PNG) has acquired 13 Robotics Ltda of Brazil (13R) for US$220,000.
The 13R team, with offices in Rio de Janeiro and Salvador, Brazil, consists of software developers and engineers with experience in underwater robotics and autonomous systems for the energy markets.
Since its inception in 2013, 13R has completed projects for a number of global energy companies, with a focus on autonomous underwater inspection in offshore oil and gas as well as renewable energy.
Commenting on the acquisition, Karl Kenny, Kraken President and CEO said,
“Kraken has known and worked with members of the 13R team since 2016. We look forward to utilizing their expertise in robotic system development, leveraging their relationships with leading international energy companies, and them providing a base of opportunity for Robotics/Data service capabilities in South America. As the offshore energy markets continue to focus on reduction of costs and reduction of greenhouse gases through the use of resident autonomous systems, Kraken and the 13R team will be well-positioned to support the need for clean, efficient and cost-effective technology.”
13R’s substantial experience in Artificial Intelligence and Autonomy will complement Kraken’s existing offerings, reducing time to market for new applications of Kraken’s SeaVision underwater 3D laser scanner.
Kraken’s acquisition of 13R provides technical and commercial on-the-ground access to the Brazilian offshore oil and gas industry, opening the door to further opportunities in that major market.
Kraken Robotics Inc. (PNG) is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries and thrusters, and underwater robotic systems.
The company is headquartered in Mt. Pearl, Newfoundland with offices in Canada, the US, Germany, Denmark, and Brazil. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.
Kraken Robotics Inc. (PNG) opened trading at C$0.70 per share.