Stocks in play: Kraken Robotics Inc.
Has received an international Robotics as a Service (RaaS) contract for the high-resolution inspection of the critical sea routes and critical marine infrastructure. The initial contract is valued at $0.8 million and will be undertaken in Q1/2023 using the KATFISH™ high-speed towed synthetic aperture sonar (SAS) system coupled with Kraken’s Automated Launch and Recovery System (ALARS) on a vessel of opportunity. For confidentiality reasons, the location of the contract cannot be disclosed. Kraken Robotics Inc. shares V.PNG are trading unchanged at $0.57.
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