- Kraken Robotics (PNG) has signed an R&D contract with a global energy company
- This contract will provide $8 million to Kraken’s Brazilian subsidiary
- Under this project, Kraken will continue the development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions
- Kraken Robotics Inc. is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems
- Kraken Robotics Inc. opened trading at $0.46 per share
Kraken Robotics (PNG) has signed an R&D contract with a global energy company.
This contract will provide $8 million to Kraken’s Brazilian subsidiary over a 3-year period.
Under this project, Kraken will continue the development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions to intelligently analyze sensor data and learn how to respond to highly dynamic environments in the offshore oil and gas, wind, hydrographic, science, and defence industries.
Due to customer confidentiality, further details cannot be released at this time.
Kraken Robotics Inc. is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems.
Kraken Robotics Inc. opened trading at $0.46 per share.
