Kraken receives $13M in SAS, subsea battery orders

Executive Summary

• Kraken Robotics Inc. has secured $13 million in new orders for its synthetic aperture sonar (SAS) and SeaPower subsea battery systems.
• The orders originate from customers in the United States, Norway, and Turkey, including a significant bulk order of 10 SAS units from a single client.
• The delivered systems will be integrated onto four different classes of uncrewed underwater vehicles (UUVs), ranging from small to large c-class platforms.

Key Details

• Total Order Value: $13 million.
• Products Sold: Synthetic Aperture Sonar (SAS) and SeaPower subsea batteries.
• Customer Geography: United States, Norway, and Turkey.
• Specific Unit Quantities: The order includes 10 SAS units from one customer.
• Integration Platforms: Systems will be integrated onto four different types of uncrewed underwater vehicle (UUV) platforms, spanning from small class to large c-class.
• Product Capabilities: The SAS systems are described as platform-agnostic with modular components, offering increased area coverage rates and consistent high resolution compared to sidescan sonar.
• Recent Operational Context: Kraken SAS and SeaPower batteries were featured on UUV platforms during the REPMUS exercise in Portugal, involving collaboration from more than 20 countries. Last year, the SAS technology classified over 50 mine-like objects during this annual exercise.

Notable Quotes

• "Many defence clients are moving toward Kraken SAS over sidescan because it offers significantly increased area coverage rates and consistent high resolution across the entire swath," said Greg Reid, president and chief executive officer of Kraken Robotics. "In contested areas when you only have a limited amount of time to survey, Kraken SAS ensures you are getting wide swaths of usable data to enable faster, more accurate identification of subsea hazards."