Kraken Receives $4M Order from NATO Navy
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This news is classified in: Defense Contracts Undersea Warfare

Apr 18, 2023

Kraken Receives $4M Order from NATO Navy

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces a $4 million follow on order from a NATO Navy customer for KATFISH™ spares. Delivery is expected to occur during the next 12 months.

KATFISH™ is a high speed, actively stabilized Synthetic Aperture Sonar (SAS) towfish that operates at speeds up to 10 knots. The high-speed capability, and constant resolution of KATFISH™ greatly increases Area Coverage Rates (ACR) by providing more useable data for MCM missions than traditional Side Scan Sonars. KATFISH™ provides real time high-resolution ACR of up to 4 km2/hr with 3.3 cm x 3.0 cm* constant resolution across ranges up to 200 m per side with simultaneous 3D bathymetry. *1.9 cm x 2.1 cm constant resolution available with post-processing.

Sonar System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F.

Sonar System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F.

Segmented By Product (Hull-mounted Sonar, Stern-mounted Sonar, Dipping Sonar, Sonobuoy), By Installation (Fixed, Deployable), By Platform (Commercial Vessels, Defense Vessels, Unmanned Underwater Vehicles (UUVs), Aircrafts, Ports), By Application (Anti-submarine Warfare, Port Security, Mine Detection & Countermeasure System, Search & Rescue, Navigation, Diver Detection, Others), and By Region

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