- Kraken Robotics (PNG) has completed a Robotics as a Service (RaaS) contract with the Royal Canadian Navy
- The $0.5 million contract was to test Kraken’s ultra-high-resolution survey equipment
- Kraken’s KATFISH and LW-SAS systems met or exceeded target specifications
- Kraken Robotics is a marine technology company
- Kraken Robotics Inc. (PNG) opened trading at C$0.445 per share
Kraken Robotics (PNG) has successfully completed a Robotics as a Service (RaaS) contract with the Royal Canadian Navy (RCN).
The previously announced $0.5 million contract was funded under the government of Canada’s Innovative Solutions Canada program, and the testing department for this service offering was the RCN’s Fleet Diving Unit Atlantic (FDU-A) based in Halifax, Nova Scotia.
Kraken’s RaaS service demonstrated that FDU-A’s existing capabilities can be enhanced by using service-based offerings of cutting-edge technology with significantly better data, at a much lower cost.
Kraken’s team successfully demonstrated that the range, area coverage rates, and resolution of Kraken’s KATFISH and LW-SAS systems met or exceeded target specifications.
As it relates specifically to the RCN, Kraken RaaS offers several advantages:
- The RCN is mandated to maintain safe passage lanes along the coasts and harbours. These surveys take a significant amount of time with current technology. Kraken’s technology would reduce the time needed to complete the surveys.
- Kraken’s technology can be deployed to assist the RCN in mapping areas of interest ahead of regular exercises and operations.
Karl Kenny, Kraken President and CEO commented on the completion of the contract.
“Kraken is excited to be once again working closely with our own RCN as an ‘Early Adopter’ to augment existing RCN Route Survey capabilities with a service offering based on the latest SAS technology available. The experience of working side by side with our FDU operators provided invaluable feedback to our engineers and technicians, and the RCN’s evaluation will serve as an excellent reference for a global offering, in particular to other NATO allies. Furthermore, the RCN’s objective comparison of the data from our RaaS offering against legacy sonar data provided demonstrative evidence of the superior image resolution and accuracy of Kraken survey data.”
Lieutenant Commander Neville Lockyer, Commanding Officer of Fleet Diving Unit (Atlantic) added,
“Our members are fully trained in Naval Mine Countermeasures and seabed searches, and are always excited to be able to test and evaluate innovative Canadian technology. We want our teams to have their hands on the best equipment available in order to safely and effectively complete the mission. Based on the performance of Kraken’s equipment during this evaluation, what we tested was the best equipment available.”
Kraken Robotics is a marine technology company focused on software-centric sensors, subsea batteries and thrusters, and underwater robotic systems.
Kraken Robotics Inc. (PNG) opened trading at C$0.445 per share.