07:12:37 EDT Sat 18 May 2024
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Kraken Robotics Inc
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Shares Issued 206,111,735
Close 2023-10-02 C$ 0.405
Market Cap C$ 83,475,253
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Kraken Robotics talks Exercise REPMUS 23

2023-10-03 11:50 ET - News Release

Mr. Greg Reid reports

KRAKEN ROBOTICS SUPPORTS MULTIPLE COUNTRIES AT NATO EXERCISE

Kraken Robotics Inc. recently participated at Exercise REPMUS 23 in Portugal. The Robotic Experimentation and Prototyping with Maritime Unmanned System (REPMUS) is focused on capability development and interoperability, and the 2023 exercise involved 15 NATO partners, as well as Sweden and Ireland. Kraken's field support team was on site throughout the exercise, working closely with three NATO navy teams (the United States, the United Kingdom and Netherlands) utilizing three generations of HII's REMUS unmanned underwater vehicles (UUVs), all of which were retrofitted with Kraken's man-portable synthetic aperture sonar (MP-SAS). The UUVs included MK18 Mod 1, REMUS 100 NGR and REMUS 300 underwater vehicles, showing the versatility of MP-SAS and its capability to be used across multiple platforms.

Kraken's MP-SAS provided ultrahigh-resolution, real-time, three-centimetre-by-three-centimetre imagery, with swaths of over 200 metres (greater than 100 metres range per side), providing operators with a significantly increased area coverage rate when compared with legacy side-scan sonars (SSS) with typical ranges of less than 30 metres per side. Kraken also took part in a historic multinational collaborative underwater vehicle mission, where the U.S. Navy MK 18 Mod 2 conducted a search-classify-map (SCM) mission including embedded automated target recognition (ATR) identifying contacts of interest, and using SeeByte's Neptune automatically retasking the Royal Navy REMUS 100 and the Netherlands Navy REMUS 100 with Kraken SAS to perform reacquire and identification (RI) missions.

About Kraken SAS

Kraken's miniature synthetic aperture sonar (MINSAS) is an off-the-shelf, configurable SAS that replaces high-end side-scan 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 is capable of two cm by two cm ultrahigh-definition SAS imaging at long ranges. Kraken SAS is uniquely positioned within the industry to bring this capability to the increasingly popular man-portable (small-sized) vehicle class.

Kraken's SAS is modular and has been integrated and deployed on over 20 different underwater vehicle platforms from shallow (less than 10 m) water to full ocean depth (6,000 m). A modular and versatile sensor for seabed intelligence, Kraken's SAS is field-proven by being one of only two companies in the world that has delivered and integrated SAS into man-portable vehicles (small-sized), towed systems and deepwater vehicles. This ability to cross several platforms enables military customers to streamline their postmission analysis by having the same sonar resolution and ATR performance across their entire fleet of vehicles and mission requirements.

In addition to navy customers who have integrated Kraken SAS as a modular update to existing fielded systems, several unmanned underwater vehicle companies this year have made public announcements of their UUVs showing SAS from Kraken. These include America's HII (REMUS 620 UUV), Israel's Elta Systems, a division of Israeli Aerospace Industries (Blue Whale UUV), and South Korea's Hanwha (SAS AUV).

About Kraken Robotics Inc.

Kraken Robotics is a marine technology company providing complex subsea sensors, batteries and robotic systems. Its high-resolution 3-D acoustic imaging solutions and services enable clients to overcome the challenges in the oceans -- safely, efficiently and sustainably. Kraken Robotics is headquartered in Canada and has offices in North and South America and Europe. Kraken is ranked as a top 100 marine technology company by Marine Technology Reporter.

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