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Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture and sale of equipment including underwater vehicle platforms, Synthetic Aperture Sonar and subsea power equipment. Its product business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, SeaPower subsea battery systems and RMDS. The Services segment is involved in the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. Its Services business consists of services provided by robotics as a service (RaaS) portfolio of equipment including its Sub-Bottom Imager, Acoustic Corer and KATFISH.


TSXV:PNG - Post by User

Post by GetKrakenon Oct 04, 2023 9:11am
135 Views
Post# 35668652

Also us .. Future 16M Battery Sales

Also us .. Future 16M Battery Sales

Anduril: Acquiring Prime - Not Boring by Packy McCormick

According to an excellent Reuters article, the Ghost Shark is part of a two-pronged advanced submarine approach the Australian Royal Navy is taking to meet the challenge of a rising China: on one side, 13 nuclear-powered attack subs that will cost $18 billion apiece and won’t finish being delivered until after 2050, on the other, “three unmanned subs, powered by artificial intelligence, called Ghost Sharks. The navy will spend just over AUD$23 million each for them – less than a tenth of 1% of the cost of each nuclear sub Australia will get. And the Ghost Sharks will be delivered by mid-2025.” 

That starkly illustrates the difference between the way things are and the way Anduril thinks they should be. 

Dive’s Australian contract may be the first of many. Japan, an island, is tripling its defense budget to become the third highest in the world next year to prepare for the threat from an adversary on their doorstep, and the program might also serve as a test run the US Navy uses to evaluate purchasing Dive-LD AUVs for its own fleet. 

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