Kraken Awarded Contract from Government of Canada

Kraken Robotics (TSXV:PNG,OTCQB:KRKNF) announced that its subsidiary, Kraken Robotic Systems, has been awarded a contract valued at $524,720 with the Government of Canada for its SeaVision 3D laser scanner.

As quoted in the press release:

SeaVision® was initially pre-qualified under the Canadian government’s Build in Canada Innovation Program (BCIP). Effective April 1, 2019, BCIP became the Innovative Solutions Canada –Testing Stream (ISC-TS), delivered by Innovation, Science & Economic Development’s Innovation Canada Sector. Kraken expects to deliver SeaVision® to its test partner, Parks Canada – Underwater Archaeology Team (UAT) during Q3 2020. Parks Canada and Kraken plan to conduct at-sea testing and evaluation of the SeaVision® system at a variety of archaeologically significant sites including the HMS Erebus and HMS Terror at the National Historic Site of Canada, Nunavut. Kraken was previously involved in Parks Canada’s discovery of the HMS Erebus during the Franklin Expedition in Summer 2014.

Click here to read the full press release.