Kraken receives $14M order for subsea power systems

ST. JOHN’S — Kraken Robotics Inc. announces that it has received an initial order for subsea batteries valued at $14 million, which includes a significant advance payment. Deliveries will occur in 2023.

Kraken’s SeaPower® 6000-meter rated pressure tolerant batteries are based on Kraken’s pressure tolerant gel encapsulation technology for lithium polymer batteries. This provides an 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 reportedly provides a very high level of redundancy and safety.

Kraken Robotics Inc. is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems.