Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce an order for 1000-meter rated AquaPix® MINSAS 60 sonar from a new South Korean customer for use in a military application.

Kraken is excited to be delivering SAS to this new customer in Asia who is bringing a highly advanced autonomous capability to AUV operations. The order is valued at $0.3 million and will be delivered in 2022. Due to customer confidentiality, Kraken cannot provide more details at this time.

Kraken’s AquaPix® MINSAS is an off the shelf configurable SAS which replaces high end sidescan systems at an affordable price, while delivering significantly higher resolution, range, and area coverage rates (ACR). The increased range and resolution and associated higher ACR of SAS over traditional Side Scan Sonar systems can significantly expand the capabilities of the customer’s AUV systems for a variety of tasks for naval, scientific, and commercial applications. Kraken’s MINSAS is capable of 2 cm x 2 cm Ultra High-Definition SAS imaging. Kraken’s SAS is uniquely positioned within the industry to bring this capability to the increasingly popular small, man- portable vehicle class.

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