Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and Battery Sales for UUVs

Insider Brief

• Kraken Robotics has secured $13 million in orders for its synthetic aperture sonar (SAS) and SeaPower subsea batteries from customers in the U.S., Norway, and Turkey, including an order for 10 SAS units.
• The systems will be integrated across four classes of uncrewed underwater vehicles (UUVs), reflecting growing adoption of Kraken’s platform-agnostic sonar and battery technologies.
• Defense clients are increasingly choosing SAS over sidescan sonar for its higher resolution and wider coverage, with Kraken’s technology set to feature in multinational naval missions this month.

 PRESS RELEASE – Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received $13 million in orders for synthetic aperture sonar (SAS) and subsea batteries. The orders are from customers based in the United States, Norway, and Turkey and include an order for 10 SAS from one customer. The Kraken SAS and SeaPower battery systems from this order will be integrated on four different types of uncrewed underwater vehicle (UUV) platforms, ranging in size from small-class to large-class.

“Many defense clients are moving toward Kraken SAS over sidescan because it offers significantly increased area coverage rates and consistent high resolution across the entire swath,” said Greg Reid, President and CEO of Kraken Robotics. “In contested areas when you only have a limited amount of time to survey, Kraken SAS ensures you are getting wide swaths of usable data to enable faster, more accurate identification of subsea hazards.”

Kraken SAS and SeaPower batteries are built to be platform agnostic, coming in several different configurations with modular components to easily integrate into existing or new platforms. This month, several UUV platforms will feature Kraken SAS and SeaPower batteries as more than 20 countries collaborate on naval missions at the Robotic Experimentation and Prototyping using Maritime Unmanned Systems (REPMUS) exercise in Portugal. Kraken SAS was used to classify more than 50 mine-like objects during the annual month-long exercise last year.