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Kraken Robotics Secures $3.5 Million of Orders for Subsea Security Equipment
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Kraken Robotics Secures $3.5 Million of Orders for Subsea Security Equipment
May 8, 2024 4:59 AM

07:31 AM EDT, 05/08/2024 (MT Newswires) -- Kraken Robotics ( KRKNF ) said Wednesday that it has secured $3.5 million of orders for subsea security equipment.

The orders comprised a $2.2 million order for spares and sustainment of its KATFISH Mine Counter Measures offering; and a $1.3 million order for AquaPix synthetic aperture sonars.

Two new navy customers will integrate these systems to autonomous underwater vehicles for use in mine hunting and subsea infrastructure security applications.

Deliveries will occur in 2024.

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