- Kraken Robotics (PNG) has received $1.5 million worth of orders from a US defense customer for its AquaPix synthetic aperture sonars (SAS)
- These 6000-meter rated systems will be integrated into the customer’s Autonomous Underwater Vehicles (AUVs)
- Kraken Robotics is a marine technology company providing complex subsea sensors, batteries, and robotic systems
- Kraken Robotics Inc. (PNG) is up 1.70 per cent, trading at C$0.60 per share at 2:19 pm ET
Kraken Robotics (PNG) has received $1.5 million worth of orders from a US defense customer for its AquaPix synthetic aperture sonars (SAS).
These 6000-meter rated systems will be integrated into the customer’s Autonomous Underwater Vehicles (AUVs). The company expects delivery in 2023.
As per company reports, the demand for its SAS products has increased significantly. For 2023, it expects to deliver approximately 3x the volume as compared to previous years.
The company updated that this increase in demand is a combination of several factors, including:
- An uptick in demand driven by customer desire for stronger intelligence about subsea infrastructure in both shallow and deep-water installations
- Increasing adoption of SAS over traditional side scan sonar
- The modularity and versatility of SAS having a track record of successful integrations on over 20 different underwater platforms
The company believes that its increased range, resolution, and higher useable Area Coverage Rate of SAS over traditional Side Scan Sonar systems significantly expand the capabilities of naval, scientific, and commercial applications.
This modularity of Kraken’s SAS to cross several platforms enables military customers to streamline their Post Mission Analysis by having the same sonar resolution and ATR performance across their entire fleet of vehicles and mission requirements.
About Kraken Robotics
Kraken Robotics is a marine technology company providing complex subsea sensors, batteries, and robotic systems. Its high-resolution 3D acoustic imaging solutions and services enable clients to overcome the challenges in oceans – safely, efficiently, and sustainably.
Kraken Robotics Inc. (PNG) is up 1.70 per cent, trading at C$0.60 per share at 2:19 pm ET.