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Kraken Demonstrates KATFISH High Speed ​​Tow SAS at Royal Navy WISEX Demonstration, The Canadian Business Journal

st. JOHN’S, NEWFOUNDLAND, Sept. 28, 2022 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), a Canadian Ocean Company™, recently acquired WILTON Industry in the Royal Navy (RN). Participated in Show and Experiment (WISEX) in the Kilbranan Sound range off Campbeltown, Scotland. WISEX provides an opportunity for industry to introduce new systems for consideration by RNs. Live demos and sea trials will give RN a better understanding of the software, sensors, effectors and other proven technologies required to implement reliable mine detection (MHC).

In these trials, Kraken collaborated with Elbit Systems UK to demonstrate the KATFISH high speed towed synthetic aperture sonar system integrated into a 12 meter Seagull Uncrewed Surface Vessel (USV). The purpose of the trial was to investigate her two different ranges of dimensions 600 m x 4 nm where RN placed several MLOs (Mine Like Objects) for her WISEX participants to search. The range was chosen to replicate a real-world search area with complex bathymetry and strong currents. During testing, Kraken KATFISH was launched, operated, and recovered in various surface conditions, including Sea State 4. High-resolution live SAS data was wirelessly transmitted over several kilometers to an operator station on land, where the operator found all her MLO targets. Real-time during missions.

“The Royal Navy established WISEX to enable industry to demonstrate autonomous mine action systems in the challenging naval exercise area of ​​the west coast of Scotland,” said Commander Ben Staite. “This demonstration is part of our Mine Search Capabilities program at the forefront of next-generation marine autonomous systems. I’m thrilled with my ability.”

KATFISH™ is a fast, actively stabilized Synthetic Aperture Sonar (SAS) towfish that operates at speeds up to 10 knots. KATFISH™’s high speed capability and constant resolution significantly improve Area Coverage Rate (ACR) by providing more useful data for MCM missions than traditional sidescan sonar. KATFISH™ provides real-time high resolution ACR up to 4 km2Simultaneous 3D bathymetry with a constant resolution of 3.3 cm x 3.0 cm* and a range of up to 200 m per side. *A fixed resolution of 1.9 cm x 2.1 cm is available in post-processing.

In addition to the improved ACR, the ability to transmit high-resolution data wirelessly will allow remote station operators to identify targets with USV missions underway, thus shortening the overall MCM timeline.

Kraken recently delivered a KATFISH system to the Danish and Polish Navy, which is expected to be operational in the first quarter of 2023.

Three photos accompanying this announcement are available at the following URLs:

https://www.globenewswire.com/NewsRoom/AttachmentNg/34cb056d-dbdb-4b8a-91bd-022b95d5a98f

https://www.globenewswire.com/NewsRoom/AttachmentNg/3544737d-bf2f-4a9e-a259-62765fd61543

https://www.globenewswire.com/NewsRoom/AttachmentNg/bebe7396-b9a2-4f0a-a49e-d47452c659a0

Link
www.krakenrobotics.com

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About Kraken Robotics
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company that specializes in manufacturing and marketing software-centric sensors, subsea batteries and underwater robotic systems. The company is headquartered in Newfoundland, with offices in Canada, the United States, Germany, Denmark and Brazil. In July 2021, Kraken acquired PanGeo Subsea, a leading services company specializing in high-resolution 3D acoustic imaging solutions for the subsea. With offices in Canada, the US and the UK, PanGeo is now a wholly owned subsidiary of Kraken. Kraken is ranked as one of the top 100 marine technology companies by Marine Technology Reporter.

Certain information in this news release constitutes forward-looking statements. As used in this news release, “could”, “could”, “could”, “could”, “intend”, “plan”, “expect” ‘, ‘believe’, ‘seek’, ‘suggest’, ‘estimate’, ‘expect’ and similar expressions in connection with our company are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements regarding, among other things, business objectives, expected growth, operating results, performance, business projects and opportunities, and financial results. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated in the forward-looking statements. Such statements reflect the Company’s current view of future events based on certain important factors and assumptions, including market, competitive, governmental or regulatory developments, general economic conditions and prevailing economic conditions. Subject to certain risks and uncertainties, including, but not limited to, changes in other factors. Described in our public documents. Many factors could cause our actual results, performance and achievements to differ from those set forth in this news release. This includes, but is not limited to, those listed above. These factors should not be construed as exhaustive. If one or more of these risks or uncertainties materializes, or if the assumptions underlying the forward-looking statements prove incorrect, the actual results may be stated in this news release. The content and forward-looking statements contained in or incorporated by reference in this news may differ materially. You shouldn’t rely too much on releases. Such statements are made only as of the date of this news release. We disclaim any intention or obligation to update these forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither TSX Venture Exchange Inc. nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release, and the OTCQB neither approves nor disapproves of the contents of this release. Is not … press release.

For more information, please contact:

Joe McKay, Chief Financial Officer
(416) 303-0605
[email protected]

Greg Reid, Chief Operating Officer
(416) 818-9822
[email protected]

Sean Piesgood, Investor Relations
(647) 955-1274
[email protected]


CBJ Newsmaker



Kraken Demonstrates KATFISH High Speed ​​Tow SAS at Royal Navy WISEX Demonstration, The Canadian Business Journal

Source link Kraken Demonstrates KATFISH High Speed ​​Tow SAS at Royal Navy WISEX Demonstration, The Canadian Business Journal

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