Kraken Robotics Lands $3.5M Subsea Security Orders

Kraken Robotics (TSE:PNG) has released an update.

Kraken Robotics has secured $3.5 million in orders for its advanced subsea security technology, including the KATFISH™ Mine Counter Measures system and AquaPix® synthetic aperture sonars. These tools, which will be integrated into Autonomous Underwater Vehicles, bolster minehunting and subsea infrastructure protection capabilities for two undisclosed new navy customers with deliveries slated for 2024. Kraken Robotics is recognized as a leading marine technology company with a global presence, specializing in sophisticated subsea sensors and robotic systems.

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