Kraken to Upgrade MCM for Undisclosed NATO Navy

Kraken Robotics Inc., Canada’s Ocean Company, is pleased to announce that it has signed a follow-on contract to supply minehunting systems as part of a contract for new Mine Countermeasure Vessels (MCMVs) for a leading NATO Navy. Kraken’s KATFISH™ system has been in full production since 2017, and since 2020 Kraken has delivered several KATFISH™ towed Synthetic Aperture Sonar, Tentacle® Winch and Autonomous Launch and Recovery System (ALARS) to customers in North America, Europe and the Middle East. As part of this new contract, Kraken will deliver additional KATFISH™, Tentacle® Winch and ALARS and topside systems. Kraken’s sonar equipment will be integrated onboard new MCMVs , with deliveries occurring in 2023 and 2024.

Karl Kenny, Kraken President and CEO noted: “We are very pleased to sign this follow-on contract to supply additional KATFISH™ and ALARS systems for this NATO Navy’s new minehunting vessels. Like many other NATO countries, Kraken’s customers are upgrading their minehunting capabilities, as the war in the Ukraine with Russia highlights the need for stronger national security. Against this global geopolitical backdrop, Kraken is seeing continued opportunities for growth in all regions of the world. With an innovative and world leading portfolio of synthetic aperture sonar technologies, we look forward to additional significant program wins both as prime contractor and in partnership with other global defense primes. Our next generation technology is commercially available today and offers industry leading performance and a highly competitive value proposition.

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