ST. JOHN’S, NEWFOUNDLAND, August 07, 2018 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) (“Kraken” or the “Company”) is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center – Division Newport (NUWCDIVNPT). The CRADA covers the operation of Kraken’s high-speed actively controlled towed Synthetic Aperture Sonar, KATFISH, for multi-mission applications, including mine countermeasures.
The CRADA defines a joint research and development relationship between NUWCDIVNPT and Kraken. The overall objective is to provide NUWC with experience operating the KATFISH, Kraken’s commercially off-the-shelf actively controlled, high-speed towed Synthetic Aperture Sonar from a surface vessel of opportunity. In the case of this CRADA, the vessel used will be manned; however, the towed system will also be operated from a remote station to simulate unmanned operation (i.e. operation from an Unmanned Surface Vehicle).
CEO Comments
Karl Kenny, Kraken’s President and CEO said, “This is our second CRADA with the U.S. Navy. Our first CRADA with NUWC was signed in April 2013 (shortly after Kraken commenced its operations) to evaluate the performance of our AquaPix® Synthetic Aperture Sonar. Over the past 5 years, we have worked well with various U.S. Navy groups, and these efforts have accelerated significantly over the past 18 months. We look forward to further collaboration with NUWC to develop cost-effective solutions that support the warfighter.”
ABOUT NUWC
NUWC is part of Naval Sea Systems Command (NAVSEA). NAVSEA along with its predecessor organizations have been responsible for the design, construction, delivery, maintenance, and disposal of the US Navy’s ships and ship systems. NUWC is the center for the majority of research, evaluation, engineering operations, and assistance for national underwater systems. It also offers support for domestic weapons systems for any kinds of undersea resources. NUWC DIVNPT has extensive expertise, capabilities, and information in underwater unmanned vehicles, sonar and signal processing.
