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Sep 2012 – Kraken Sonar Systems Inc. established as a spin-out of Marport with 8 employees to commercialize synthetic aperture sonar.
May 2013 – Announced delivery of InSAS product to DSTO Australia
Oct 2013 – Announced world’s first synthetic aperture sonar (SAS) priced under US$150,000
Aug 2013 – Kraken announced DataPod product
Feb 2013 – Kraken and Triton Imaging announce OEM agreement to bundle Triton software with Kraken’s SAS
Jan 2013 – Awarded Canadian government grant to support development of correlation velocity log (CVL)
October 2014 – Completed $2.3M private placement August 2014 – Kraken named to MTR 100 June 2014 – Announced that chosen to provide technology and expertise for the search for the lost Franklin mission ships in the Canadian artic.
The next member of the AquaPix® family, the Miniature Interferometric Synthetic Aperture Sonar (MINSAS) was released in 2014.
In 2015 Kraken became a publicly-traded company on the TSX trading under the stock symbol PNG.V (Ping!) as a strategic move to raise capital to grow its portfolio, enabling them to compete on the global stage.
Nov 2015 Acquired technology and IP from Marine Robotics Inc.
Dec 2015 – Release SOUNDPIX for next-generation seabed mapping in conjunction with Caris limited.
Nov 2015 – Awarded $750,000 grant from Newfoundland’s RDC to fund KATFISH™ development.
Feb 2015 – Kraken Sonar Systems Inc. completes RTO of Anergy Capital to become publicly-traded company (Kraken Sonar Inc. on TSX-V).
Aug 2015 – Announced $0.4M sensor contract wit ECA Robotics of France
Aug 2015 – Kraken and TriTech announce AQUATRAK® correlation velocity log (CVL) product, a derivative of Kraken’s SAS technology, targeted at the oil and gas sector for ROVs.
Jun 2015 – Announce addition of Greg Reid as CFO
Mar 2015 – Announce delivery of first 6000M rated MINSAS sensor to Fraunhofer Institute
Mar 2015 – Announce addition of Roman Kocur to Board of Directors
May 2016 – Announced $0.4M proceeds for a major European defense contractor Apr 2016 – Announced contract for 6000M rated sensor with Woods Hole Oceanographic Institution.
May 2016 – Announced $0.4M proceeds for a major European defense contractor
Jan 2016 – Opened Nova Scotia Handling Systems division to focus on launch and recovery systems.
Aug 2016 – Completed $1.1M non-brokered private placement Jun 2016 – Kraken and Square Robot Inc. sign a strategic partnership agreement for confined area inspection robots.
Nov 2016 – Announced addition of Shaun McEwan to Board of Directors
Apr 2016 – Announced contract for 6000M rated sensor with Woods Hole Oceanographic Institution.
Jun 2017 – Announced support in sea trials for Belgian and Dutch navies.
Apr 2017 – Completed $2.1M equity raise for Kraken Robotics Inc.
Sep 2017 – Announced public company name change to Kraken Robotics Inc. (from Kraken Sonar Inc.)
Sep 2017 – Announced historic Avro Arrow discovery using Kraken technology
Aug 2017 – Announced addition of key team members at Kraken Robotik GmbH
Jul 2017 – Announced Avro Arrow search job with OEX Recovery Group, first RaaS contract
Jun 2017 – Awarded contract from ECA Robotics of France for our SAS sensor for their AUV
Mar 2017 – KATFISH™ completes successful sea trials
Kraken announced that it established a team to focus on acoustic signal processing applications targeting anti-submarine warfare (ASW) applications in 2018.
Dec 2018 – Completed $6M bought deal equity financing
Sep 2018 – Announced co-operation agreement with Leeway Marine for SeaScout RaaS offering
Aug 2018 – Commenced testing of KATFISH with US Navy
Jun 2018 – Kraken pre-qualifies SeaVision for Canada’s BCIP program
Feb 2018 – Kraken completes $1.5M equity raise
Feb 2018 – Kraken announces strategic alliance with ThayerMahan
Feb 2018 – Ocean Supercluster selected as one of 5 Government of Canada innovation superclusters and will receive part of $950 million in federal funding
Jan 2018 – Awarded repeat contract with leading military customer for Kraken SAS sensor.
Jun 2019 – Awarded $0.9M FCT contract from US Navy for SAS for 2 man-portable AUV
Apr 2019 – Awarded $1M funding contribution to support initial phase of OceanVision project
Jan 2019 – Announced completion of majority acquisition of Kraken Power GmbH
In 2020, Kraken announces that it has signed contracts with two NATO-allied navies, the Royal Danish Navy and the Polish Navy.
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