Last deal

$18.5M
Local Amount - CAD 25M

Amount

Post-IPO Equity

Stage

01.10.2024

Date

8

all rounds

$96.6M

Total amount

General

About Company
Kraken Robotics designs advanced sonar and acoustic sensors for underwater vehicles.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Kraken Sonar Systems, Anergy Capital

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Kraken Robotics is a marine technology company that specializes in the design, development, and marketing of advanced sonar and acoustic velocity sensors for Unmanned Underwater Vehicles (UUVs) used in military and commercial applications. They have gained recognition as world leaders in Synthetic Aperture Sonar (SAS), a groundbreaking underwater imaging technology that significantly enhances seabed surveys by providing high-resolution imagery at superior coverage rates. Kraken's SAS products, known as AquaPix®, offer comparable performance to existing high-end military systems at a fraction of the cost. The company has established partnerships with leading laboratories and strategic industry partners, including Defence Research and Development Canada, the U.S. Navy's Naval Sea Systems Command (NAVSEA), the UK Ministry of Defence, Northrop Grumman, and ECA Robotics. Located in Conception Bay South, Newfoundland, Kraken is actively engaged in technology validation and collaboration efforts to further advance their innovative marine technology solutions.