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Wednesday, 01/09/2019 3:10:51 PM

Wednesday, January 09, 2019 3:10:51 PM

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Kraken CEO Presenting at Germany’s Leading Maritime Robotics and Sensor Conference

ST. JOHN’S, NEWFOUNDLAND – 9 JANUARY 2019/GLOBE NEWSWIRE/– Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that itsPresident and CEO, Karl Kenny, has been invited to speak at the MAROS (Maritime Robotik und Sensorik) Conference being held in Berlin, Germany on January 17-18, 2019.

Mr. Kenny said, “I am pleased to speak at this conference organized by Fraunhofer IOSB, a Kraken strategic partner. There are strong synergies between our organizations, and we look forward to making further announcements with Fraunhofer and other underwater robotics sector partners – particularly those related to our OceanVision™ project and a new development initiative code-named Kraken JellyFish™, a Hybrid Remotely Operated Vehicle.”

Germany’s maritime economy is a high-tech sector that employs approximately 400,000 employees with an annual turnover of over 50 billion euros — and is one of Germany’s most important industry sectors. Maritime technologies have an important and strategic role to guarantee Germany’s supply of energy, natural resources and food.

ABOUT THE MAROS CONFERENCE

The MAROS conference has been held on a biannual basis since 2011. MAROS is supported by the German Federal Ministry for Economics and Technology as well as the Gesellschaft für Maritime Technik. It is organized by Fraunhofer IOSB and other research organizations.

MAROS 2019 will continue the work started at MAROS 2017 in Potsdam where several workshops led to a value chain roadmap addressing the following issues in the field of maritime robotics and sensors.

The MAROS 2019 conference will focus on networking. The first day is devoted to the exchange of experience on interesting markets and technical highlights as well as information from politics and associations. On the second day, technical aspects of co-operation will be dealt with in workshops. For more information, please visit MAROS 2019.



KRAKEN ROBOTIK GMBH OPERATIONS UPDATE



At Kraken Robotik GmbH (KRG), based, in Bremen, Germany, we recently added 2 new software developers, one from Apple and one from the Brazilian Institute of Robotics. The KRG team is focused on algorithm and software development for the SeaVision® underwater 3D laser scanner, as well as sophisticated autonomy modules for two large subsea autonomy projects announced in 2018. Both development paths will directly support a new Kraken development initiative, the JellyFish™ Hybrid ROV platform.