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Kraken Secures New Subsea Batteries, Sonar Contracts

Kraken s SeaPower Battery - Image: Kraken Canadian subsea technology company Kraken Robotics on Thursday announced new contracts for subsea batteries and synthetic aperture sonar and new funding support totaling $2.2 million. Kraken has received new orders totaling $0.7 million and funding awards for $1.5 million. The company said that it couldn t provide info on customers and clients due to confidentiality reasons. However, it did provide some color. Kraken said that an existing U.S. defense industry customer was acquiring additional SeaPower batteries. This is the customer’s second order of aKraken batteries. Delivery will occur in the first half of 2021. Also, A defense customer in the Southern Hemisphere has awarded Kraken a contract for an AquaPix MINSAS120 sensor for integration into the customer AUVs. 

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