Kraken Robotics Inc has announced that its service business is off to a strong start in 2024 with $11million of new contracts since the beginning of the year.
This is in addition to $4million of survey contracts (for KATFISH and magnetometer surveys) that was announced in November 2023 which are also being executed in 2024. These contracts cover offshore geographies in Australia, Europe, and the US.
These new contracts consist of a eight million dollarsAcoustic Corer contract signed yesterday and several smaller Sub Bottom Imager contracts for offshore wind farm development totalling three million dollars.
Under the Acoustic Corer contract, Kraken will provide high resolution sonar imagery at depths of up to 20 meters in the seabed using its 3D Acoustic Core imaging sonar.
This leverages Kraken’s equipment and advanced processing expertise in de-risking marine construction projects. This marks the fourth major acoustic corer campaign by Kraken since 2022 and builds upon our track record of having completed numerous multi-disciplinary surveys around the globe.