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Kraken Robotics supports multiple countries at NATO exercise

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| October 18, 2023

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  • Kraken Robotics Inc. recently participated at Exercise REPMUS 23 in Portugal with 15 NATO partners, as well as Sweden and Ireland
  • The Robotic Experimentation and Prototyping with Maritime Unmanned System (REPMUS) is focused on capability development and interoperability
  • Kraken’s Miniature Synthetic Aperture Sonar (MINSAS) configurable sonar system replaces high-end sidescan systems at a more affordable price, while delivering higher resolution, range and area coverage rates
  • Kraken Robotics Inc. last traded at $0.52 per share

Kraken Robotics Inc. (TSXV:PNG) recently participated at Exercise REPMUS 23 in Portugal with 15 NATO partners, as well as Sweden and Ireland.

The Robotic Experimentation and Prototyping with Maritime Unmanned System (REPMUS) is focused on capability development and interoperability.

Kraken’s field support team was onsite throughout the exercise, working closely with three NATO navy teams (the U.S., U.K. and Netherlands) utilizing three generations of unmanned underwater vehicles retrofitted with Kraken’s Man-Portable Synthetic Aperture Sonar (MP-SAS).

Kraken’s Miniature Synthetic Aperture Sonar (MINSAS) configurable sonar system replaces high-end sidescan systems at a more affordable price, while delivering higher resolution, range and area coverage rates (ACR).

Click to enlarge
Source: Kraken Robotics Inc.

The increased range, resolution, and therefore higher useable sonar coverage over traditional side scan sonar systems significantly expand the capabilities of naval, scientific, and commercial applications.

The company noted that in addition to navy customers that have integrated Kraken SAS as a modular update to existing fielded systems, several unmanned underwater vehicle have made public announcements this year about their vehicles showing SAS from Kraken. These include America’s HII (REMUS 620 UUV), Israel’s Elta Systems a division of Israeli Aerospace Industries (Blue Whale UUV), and South Korea’s Hanwha (SAS AUV).

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.

Kraken Robotics Inc. last traded at $0.52 per share and its stock is up 19 per cent compared to this time last year.

Join the discussion: Find out what everybody’s saying about this stock on the Kraken Robotics Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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