Kraken $PNG Awarded $750,000 Oil & Gas Contract

(TSX.V: PNG) (OTCQB: KRKNF) Kraken Robotics Inc. announced that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a competitive contract valued at approximately $750,000 for the development of underwater sensors and robotics that will advance digitalization of integrated … [Read more...]

Patriot One $PAT Expands With Closing $11.5MM Financing

(TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) Patriot One Technologies Inc. is pleased to advise that it has closed on the previously announced $10M bought deal financing. The financing was with a syndicate of underwriters led by Canaccord Genuity Corp. and increased in size to close at $11.5M in … [Read more...]

Kraken $PNG and Avitas Systems Partner Up To Advance Subsea Robotic Inspections

(TSX.V: PNG) (OTCQB: KRKNF) Kraken Robotics Inc.  announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc., has entered a strategic partnership with Avitas Systems, a GE Venture. The companies will integrate Autonomous Underwater Vehicles, acoustic and laser sensor technology … [Read more...]

Kraken $PNG Brings In Military Expertise to Its Board of Directors

(TSX.V: PNG) (OTCQB: KRKNF) Kraken Robotics Inc.  is very pleased to announce that retired Vice Admiral Michael J. Connor, United States Navy, has joined its Board of Directors. In a 35-year career in which he rose to the rank of Vice Admiral in the United States Navy, Connor commanded at the … [Read more...]

Kraken $PNG Awarded $2mm Robotics Contract

(TSX VENTURE: PNG) (OTCQB: KRKNF) Kraken Robotics Inc.  announced it has been awarded a contract valued at over $2,000,000. The contract entails the delivery of advanced sensors, underwater robotics and software. Delivery of the entire contract is expected in 4Q 2017. “We’re delighted with this … [Read more...]