Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:PNG - Post Discussion

Kraken Robotics Inc > Innovation
View:
Post by Possibleidiot01 on Nov 04, 2024 6:40am

Innovation

Kraken Robotics Demonstrates New KATFISH Autonomous Launch and Recovery System to Navy Customers

GlobeNewswireNov 4, 2024 6:30 AM EST

ST. JOHN’S, Newfoundland and Labrador, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces the completion of demonstrations for its new Autonomous Launch and Recovery System (ALARS) for KATFISH™ towed synthetic aperture sonar (SAS). The Company performed demonstrations for more than 40 naval customers and partners from October 21-25, 2024 in Halifax Harbour, Nova Scotia.

“This was a great opportunity to both test our new ALARS and demonstrate KATFISH for key naval clients,” said Greg Reid, President and CEO of Kraken Robotics. “The ocean is an unforgiving environment, and the highest risk to technology and personnel is during launch and recovery. Demo participants were able to witness our technology in action, observing both the advanced autonomy of the ALARS as well as the high-resolution real-time SAS data from KATFISH while aboard the vessel.”

The new ALARS was built to fit a 20-foot International Organization for Standardization (ISO) container footprint to increase interoperability with different vessels, allowing for rapid mobilization and demobilization on multi-role platforms. The system enables autonomous launch and recovery of KATFISH up to Sea State 5.

During the demonstrations, participants were able to view the KATFISH SAS data live-streaming onboard the vessel, detecting, classifying, and identifying various seafloor contacts in real-time, including high-resolution imagery of the Governor Cornwallis shipwreck.

High-resolution SAS data and command and control information were also streamed wirelessly back to shore and displayed to the attendees of Canadian Naval Mine Countermeasures Symposium taking place at HMCS Scotian in Halifax, Nova Scotia the same week.

“The ability to stream live, high-resolution seafloor data to analysts and mine warfare officers in real-time, from both manned and unmanned platforms, is a critical enabler for modern navies,” said David Shea, Executive Vice President and CTO of Kraken. “Kraken was excited to be able to provide a live demo simultaneously in-person and for a remote audience, showing how remote operation and intelligent autonomy helps get humans out of the minefield. These capabilities are standard with the KATFISH system and are being continuously improved as our NATO customers deploy them in operations every day. We look forward to getting this new ALARS out into the field with our customers.”

Kraken’s new ALARS will be delivered to an Asia-Pacific naval customer by the end of the year.

KATFISH Halifax Harbour

Figure 1: Kraken’s new Autonomous Launch and Recovery System (ALARS) recovering KATFISH towed synthetic aperture sonar.

Governor Cornwallis_Wreck

Figure 2: KATFISH 2 cm x 2 cm resolution synthetic aperture sonar imagery of the Governor Cornwallis shipwreck.

ABOUT KRAKEN ROBOTICS INC.
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company providing complex subsea sensors, batteries, and robotic systems. Our high-resolution 3D acoustic imaging solutions and services enable clients to overcome the challenges in our oceans - safely, efficiently, and sustainably. Kraken Robotics is headquartered in Canada and has offices in North and South America and Europe. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.

LINKS:
www.krakenrobotics.com

SOCIAL MEDIA:
LinkedIn www.linkedin.com/company/krakenrobotics
Twitter www.twitter.com/krakenrobotics
Facebook www.facebook.com/krakenroboticsinc
YouTube www.youtube.com/channel/UCEMyaMQnneTeIr71HYgrT2A
Instagram www.instagram.com/krakenrobotics



Comment by SNgu8000 on Nov 04, 2024 8:49am
Year end delivery ??? Not even two months ? Why rush in short period of time ? High Demand , this could be Cormark's PT of $3.00 . Forty ( 40 ) Naval Customers = 40 counntries , long runway to the end of decade = $10 PT of Cormark . Who was Asia-Pacific Customer ? Japan ? Taiwan ? Phillipin ? My answer is Taiwan and I am speculating this : Taiwan navy will buy Katfish ( very cheap in Canadian  ...more  
Comment by GetKraken on Nov 04, 2024 9:00am
Cormarks PT is all battery related.  Anduril.  Prime wins for Katfish and Alars are bonus.  Service wins also bonus.   Look for a potential battery product in the next year for smaller AUV's .. HII  -getKraken
Comment by SNgu8000 on Nov 04, 2024 10:48pm
See Kraken's ALARS on this Youtube 4'37  https://interestingengineering.com/military/general-dynamics-to-make-compact-mining-system