08:32 AM EDT, 07/17/2024 (MT Newswires) -- Kraken Robotics ( KRKNF ) said Wednesday that it completed a contract to supply high-resolution seabed mapping sonar service to Precision Hydrographic Services (PHS), which does work for the Australian Department of Defense.

Under the contract, Kraken's KATFISH high-speed survey/detection solution was used to acquire high-resolution route surveys of Australian ports.

The survey campaign began in January and was completed in May.

"This is the first time that a customer has undertaken a wide area, multi-port survey project of this scale with the KATFISH anywhere in the world," Kraken President and CEO Greg Reid said. "To do so in a safe and efficient manner with no downtime is a great credit to the vessel crew and the teamwork of the technical and survey personnel from PHS and Kraken Robotics ( KRKNF )."

Kraken's share price closed 0.9% lower yesterday at $1.17 on the TSXV.