Kraken Robotics (TSE:PNG) has released an update.
Kraken Robotics Inc. has secured contracts worth $2.4 million for their subsea batteries and synthetic aperture sonar systems, catering to a research institute and a naval hydrographic office. Details on the client for the subsea power solutions are undisclosed due to confidentiality, with deliveries scheduled for 2024. The company is known for its advanced marine technology solutions and has a global presence with offices in the Americas and Europe.
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