Innovators: Press Releases



Kraken Named To Marine Technology Top 100

by Admin on August 23, 2017

Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR100 2017 -- a list of the 100 most influential companies in the international marine technology marketplace. This is the fifth year in a row that Kraken has been selected.   In addition to being named to the MTR 100, Kraken was listed as one of the top 17 Technology Disruptors in the marine technology industry for its Robotics as a Service business model.   Read more.

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C-CORE to help Canadian Space Agency improve Canada’s satellite-based maritime surveillance capability

by Barry Snow on May 20, 2016

St. John’s-based research and development corporation C‑CORE has been contracted by the Canadian Space Agency (CSA) to adapt its proprietary radar technology for space. The CSA is availing of C‑CORE’s expertise to help develop a critical part of the next generation of RADARSAT satellites, greatly improving their imaging capability.   Read more.


Kraken Receives Major European Defense Order

by Barry Snow on May 4, 2016

ST. JOHN’S, NEWFOUNDLAND - (May 3, 2016) – Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has invoiced a major European defense contractor for over C$400,000. Proceeds are expected to be received during Q2 2016. Due to competitive reasons, the customer cannot be named at this time.
Read more.

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Kraken to Supply Sonar System to Major Israeli Defence Contractor

by Barry Snow on February 23, 2016

See here for full story:   Kraken Active Towed Fish (KATFISH) Can Be Deployed for Hunting Naval Mines and Underwater Improvised Explosive Devices     Read more.

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Kraken Receives $750,000 to Fund R&D

by Barry Snow on November 17, 2015

Kraken Receives $750,000 to Fund R&D Non-Dilutive Capital to Support the Development of KATFISH Sonar Towfish Platform
Read more.