Kraken Receives $1.1M of Synthetic Aperture Sonar Orders

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces $1.1 million of purchase orders for our AquaPix® synthetic aperture sonar (SAS). These systems will be integrated to Autonomous Underwater Vehicles (AUVs) for use in minehunting and security applications. Customer names cannot be disclosed. Delivery is expected in 2023.

Kraken’s AquaPix is an off the shelf, configurable SAS that replaces high end sidescan systems at an affordable price, while delivering higher resolution, range, and area coverage rates (ACR). The increased range, resolution, and therefore higher useable ACR of SAS over traditional Side Scan Sonar systems significantly expand the capabilities of naval, scientific, and commercial applications. Kraken’s AquaPix is capable of 2 cm x 2 cm Ultra High-Definition SAS imaging at long ranges. AquaPix is uniquely positioned within the industry to bring this capability to the increasingly popular small, man-portable vehicle class. AquaPix is modular and has been integrated and deployed on over 20 different underwater vehicle platforms from shallow water to full ocean depth. Kraken’s SAS is modular and versatile, demonstrated by being one of only two companies in the world that has sold and integrated SAS into small, man portable vehicles, towed systems, and deep-water vehicles.  This ability 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.