MEMBER NEWS: Kraken Robotics signs cooperative research & development agreement with US Navy for next generation synthetic aperture sonar (SAS) beamforming

March 5, 2024
MEMBER NEWS: Kraken Robotics signs cooperative research & development agreement with US Navy for next generation synthetic aperture sonar (SAS) beamforming

Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that its wholly owned subsidiary, Kraken Robotic Systems Inc., has signed a Cooperative Research and Development Agreement (CRADA) with Naval Undersea Warfare Center Division, Newport (NUWCDIVNPT). The objective of this CRADA is to conduct joint research into advanced signal processing techniques for the current and future generation of Synthetic Aperture Sonar (SAS) sensor technologies. This also includes exploration into enhanced image processing techniques such as data fusion, image registration, multi-spectral image enhancement and automated target recognition.

Kraken Robotics has engaged in several CRADA’s with US government agencies since 2012, including NUWC Division Newport, NOAA’s Office of Ocean Exploration and Research (OER) as well as the Battery Certification and Integration Branch, Code 636 of NSWC Carderock. These CRADA’s have provided invaluable testing and evaluation for Kraken’s portfolio of underwater technology solutions, including Kraken’s Synthetic Aperture sonar, KATFISH Actively Controlled Towed sonar, and Pressure Tolerant Subsea Batteries.

These CRADAs have showcased a strong track record of proven technology solutions and collaboration between Kraken’s world-leading technical team and the US Navy’s Centers of Excellence. They have allowed Kraken to test technology solutions with subject matter experts from the US Navy, providing invaluable feedback on performance and capabilities. Kraken can then point to the publicly-releasable results of our collaborative testing under the CRADA as objective evidence when bidding on opportunities domestically or internationally with other Five Eyes or NATO countries.

Greg Reid, Kraken President and CEO said “We are pleased to enter another CRADA with NUWC Division Newport. Since that first CRADA in 2012, Kraken has gone on to deliver our technology solutions to NATO allies across the globe, and the results from each CRADA have been a valuable ground truth for our customers worldwide.”

David Shea, Kraken CTO said “Innovation is a core tenant of Kraken. Entering into this new Cooperative agreement with NUWC will ensure our science and technology is being evaluated by the best and brightest inside the US Navy, and this allows us to deepen our collaboration on the next generation of seabed intelligence solutions. With several our sensors now in active use within the US Navy, we are excited to deepen our focus into data enhanced processing techniques that will benefit both new and existing sensors, leveraging the latest developments in machine learning.”

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AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy

Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall

Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

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