Kraken receives $9M contract for upgrades to NATO Navy’s mine hunting

ST. JOHN’S — Kraken Robotics Inc. has signed a follow-on contract to supply mine hunting systems as part of a contract for new Mine Countermeasure Vessels for a NATO Navy.

Kraken’s KATFISH™ system has been in full production since 2017, and since 2020 Kraken has delivered several KATFISH™ towed Synthetic Aperture Sonar, Tentacle® Winch and Autonomous Launch and Recovery System to customers in North America, Europe and the Middle East.

As part of this new contract, Kraken will deliver additional KATFISH™, Tentacle® Winch and ALARS and topside systems. Kraken’s sonar equipment will be integrated onboard new MCMVs, with deliveries occurring in 2023 and 2024.

“We are very pleased to sign this follow-on contract to supply additional KATFISH™ and ALARS systems for this NATO Navy’s new minehunting vessels. Like many other NATO countries, Kraken’s customers are upgrading their minehunting capabilities, as the war in the Ukraine with Russia highlights the need for stronger national security. Against this global geopolitical backdrop, Kraken is seeing continued opportunities for growth in all regions of the world,” stated Karl Kenny, Kraken president and CEO.