16:42:43 EDT Tue 07 Apr 2026
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Kraken Robotics Inc
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Shares Issued 306,864,785
Close 2026-04-06 C$ 8.64
Market Cap C$ 2,651,311,742
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Kraken Robotics demos Katfish sonar on unmanned vessel

2026-04-07 11:27 ET - News Release

Mr. Bernard Mills reports

KRAKEN ROBOTICS DEMONSTRATES KATFISH AUTONOMOUS LAUNCH AND RECOVERY FROM SEFINE USV

Kraken Robotics Inc. has successfully integrated and demonstrated its Katfish towed synthetic aperture sonar and autonomous launch and recovery system (LARS) from Sefine's RD-22 unmanned surface vessel (USV) in co-ordination with Sefine SISAM (Strategic Unmanned Systems Research Center). The demonstration took place in Q1 2026 off the coast of Istanbul, Turkey.

"Recent developments underscore the importance of safeguarding critical maritime transit routes and underwater infrastructure, and autonomous mine countermeasure capabilities like Katfish can play an important role in helping navies efficiently detect and classify mine-like objects," said Bernard Mills, executive vice-president, defence, at Kraken Robotics. "By combining Sefine's multirole USV with Kraken's cutting-edge Katfish and USV LARS, navies can deploy advanced technologies faster and more efficiently, strengthening defence and maritime security in increasingly complex environments."

The demonstration focused on rapid detection and classification of mine-like objects and critical underwater infrastructure and was attended by several navies and government organizations. Katfish delivered three-centimetre-by-three-centimetre resolution data at a range of 200 metres per side which was live streamed to a command centre onshore, enabling real-time classification of contacts by operators with Sefine SISAM's mission planning software.

The same Katfish and USV LARS were demonstrated from a UK Royal Navy in-service 11-metre ARCIMS USV in November, 2025. These joint integrations mark a major step forward in delivering agile, modular and cost-effective mine countermeasure capabilities for modern naval operations.

About Kraken Robotics Inc.

Kraken Robotics is transforming subsea intelligence through 3-D imaging sensors, power solutions and robotic systems. The company's products and services enable clients to overcome the challenges in our oceans -- safely, efficiently and sustainably.

Kraken's synthetic aperture sonar, sub-bottom imaging and lidar (light detection and ranging) systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure and geology. The company's revolutionary pressure tolerant batteries deliver high-energy density power for UUVs and subsea energy storage.

Kraken Robotics is headquartered in Canada with offices in North America, South America and Europe, supporting clients in more than 30 countries worldwide.

On March 3, 2026, Kraken announced the acquisition of Covelya Group Ltd., a leading international provider of mission-critical underwater technology solutions operating through its subsidiary companies: Sonardyne International Ltd., EIVA A/S, Forcys Ltd., Wavefront Systems Ltd., Voyis Imaging Inc. and Chelsea Technologies Ltd. The acquisition is expected to close during the second quarter of 2026, subject to the satisfaction of customary conditions and regulatory approvals.

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