Kraken Robotics’ subsidiary, Kraken Robotic Systems has finalized the contract for the OceanVision project with the Ocean Supercluster.
Kraken Robotics’ (TSXV:PNG,OTCQB:KRKNF) wholly owned subsidiary, Kraken Robotic Systems has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners including Petroleum Research Newfoundland and Labrador, Ocean Choice International and Nunavut Fisheries Association.
As quoted in the press release.
OceanVision™ is a three-year, $18.8 million project focused on the development of new marine technologies and products to enable an underwater robotics data acquisition and data analytics as a service business. Under the OceanVision™ project, Canada’s Ocean Supercluster will provide an investment up to $6.3 million, with the balance of project funding to be provided by other government agencies, industry partners, and Kraken.