Kraken Robotics Announces $12 Million in Orders for Synthetic Aperture Sonar and Subsea Batteries

Executive Summary

• Kraken Robotics received purchase orders for its synthetic aperture sonar (SAS) and SeaPower battery products totaling approximately $12 million.
• Orders were placed by multiple customers, including Teledyne Marine, Terradepth, and two NATO‑member navies, covering both defence and commercial sectors.
• The contracts involve integration of Kraken SAS on Teledyne’s Gavia and SeaRaptor AUVs and deployment within Terradepth’s Absolute Ocean operating system.

Key Details

• Total purchase orders: ~ $12 M for Kraken SAS, KATFISH™ towed‑SAS spares, and SeaPower™ batteries.
• Key customers:
• Teledyne Marine – orders for Kraken SAS and SeaPower batteries; integration on Gavia and SeaRaptor AUVs (unnamed end‑users).
• Terradepth – Kraken SAS to be used in the Absolute Ocean operating system for U.S. military and commercial operators, integrated on a self‑recharging AUV.
• Two NATO member navies – new SeaPower battery customers (details not disclosed).
• Product focus:
• Kraken Synthetic Aperture Sonar (SAS) – platform‑agnostic, suitable for man‑portable systems to XLUUVs.
• SeaPower batteries – high‑energy‑density, pressure‑tolerant power solutions for UUVs and subsea storage.
• Geographic reach: Solutions support clients in 30+ countries, spanning defence, offshore energy, and marine research markets.
• CEO comment: Greg Reid highlighted the timing of orders before fiscal year‑end budget resets and emphasized the dual‑use nature of Kraken’s technology across defence and commercial applications.

Notable Quotes

“As we near the end of the calendar year, we are seeing many expected orders coming through before budgets reset, including two new SeaPower battery customers,” – Greg Reid, President & CEO, Kraken Robotics.

Materiality Assessment: Material – Positive (significant revenue‑generating contracts indicating strong commercial demand and market traction).