Kraken Robotics (TSE:PNG) has released an update.
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Kraken Robotics has successfully completed the delivery and integration of advanced mine-hunting sonar systems for the Royal Danish Navy, enhancing Denmark’s maritime safety and seabed warfare capabilities. The systems, including the KATFISH sonar and related equipment, are now operational and will be supported through a multi-year sustainment contract, ensuring continued maintenance and software updates. The technology has been well-received by the Danish Navy, with expectations of reaching Full Operational Capability in the first half of 2024.
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