Kraken Robotics lands $600k military contract

Newfoundland-based Kraken Robotics Inc. announced that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a contract for approximately $600,000 by a military customer to provide a high capacity battery solution for an underwater robotics application. For confidentiality reasons, the customer name will not be disclosed. Product delivery is anticipated in Q2, 2019.

“We are finding that our military customers appreciate Kraken’s ability to rapidly deliver advanced subsea power solutions for new and existing underwater vehicles at honest pricing,” said Kraken’s president & CEO, Karl Kenny. “We see a viable market in replacing OEM batteries, which have reached the end of their useful life, with our next generation SeaPower batteries that provide significantly increased capacity at a lower cost.”

In deep water, undersea systems are exposed to extremely high pressures. Conventional systems housed in pressure chambers are typically large, heavy and expensive for any depths past a few hundred metres. In contrast, Kraken’s batteries systems are embedded in flexible polymers, instead of compensation liquid, and are cast with a proprietary vacuum technology enables them to be used at depths to 6000 metres.
www.krakenrobotics.com