- Kraken Robotics (PNG) has received a $1.1 million follow-on order for subsea batteries from a manufacturer of Autonomous Underwater Vehicles (AUVs)
- The order is for Kraken’s SeaPower 6000-meter rated pressure-tolerant batteries
- Kraken Robotics is a marine technology company
- Kraken Robotics Inc. (PNG) opened trading at C$0.405
Kraken Robotics (PNG) has received an order for subsea batteries from a manufacturer of Autonomous Underwater Vehicles (AUVs).
The order is valued at $1.1 million and is a follow-on from a $4.8 million order from the same customer earlier this year. Delivery is expected in Q4.
Kraken’s SeaPower 6000-meter rated pressure tolerant batteries are based on Kraken’s unique pressure tolerant gel encapsulation technology for lithium polymer batteries. This provides an attractively priced, environmentally friendly, and superior energy density alternative to the traditional oil-compensated batteries commonly used for deep subsea battery applications. Kraken’s hot-swappable batteries are modular and include an integrated battery management system within each battery module which provides a very high level of redundancy and safety to the vehicle.
Headquartered in Newfoundland, Kraken Robotics is a marine technology company offering software-centric sensors, subsea batteries and thrusters, and underwater robotic systems.
Kraken Robotics Inc. (PNG) opened trading at C$0.405.
