Kraken Robotics

Last updated
Kraken Robotics Inc.
Company type Public
TSX-V:  PNG OTCQB:  KRKNF
Industry Marine technology
Founded2012 (2012)
Headquarters Mount Pearl, Newfoundland and Labrador, Canada
Products
RevenueIncrease2.svg CA$91.3 million (2024) [1]
Number of employees
378 (2025)
Website krakenrobotics.com

Kraken Robotics Inc. is a Canadian marine technology company based in Newfoundland and Labrador. Founded in 2012, the company manufactures seabed imaging technology including synthetic aperture sonar (SAS) systems.

History

Kraken Robotics was founded in 2012 [2] by Karl Kenny, a marine technologist and businessman from Newfoundland and Labrador. [3] [4] The company focused on commercial synthetic aperture sonar (SAS) systems for imaging, with early customers including Defence Research and Development Canada for their 2014 search for the ships involved in Franklin's lost expedition. [5] [2] After Kraken's SAS technology was used to locate an Avro Arrow in Lake Ontario, the company secured a contract with Ocean Infinity to supply their Seabed Constructor with sonar equipment during their search for Malaysia Airlines Flight 370. [6]

In 2025, Kraken expanded operations into the United States after acquiring 3D at Depth, an underwater LiDAR imaging company. [7] [8] In May 2025, the company received $3 million in orders for its SAS systems from customers in the Asia Pacific, Europe, and North America regions, including the Roger F. Wicker Center for Ocean Enterprise at the University of Southern Mississippi. [9]

References

  1. ↑ "Kraken Robotics Reports 2024 Financial Results". Kraken Robotics. Retrieved November 24, 2025.
  2. 1 2 Casey, Quentin (December 12, 2018). "A Deeper Dive Into Seas". Vancouver Sun . Financial Post. p. B2. Retrieved November 3, 2025.
  3. ↑ Ryan, Maddie (February 17, 2025). "N.L. technology innovator Karl Kenny dies at 64". CBC News . Retrieved November 3, 2025.
  4. ↑ "Kraken Robotics Announces the Passing of Founder and Former CEO, Karl Kenny". Financial Post . GlobeNewswire. February 13, 2025. Retrieved November 3, 2025.
  5. ↑ "Searching uncharted Arctic waters for Franklin's lost ships". Defence Research and Development Canada . March 16, 2015. Retrieved November 3, 2025.
  6. ↑ O'Neill-Yates, Chris (January 11, 2018). "'A real coup': N.L. company's advanced sonar technology being used in search for missing MH370". CBC News . Retrieved November 3, 2025.
  7. ↑ "Kraken Robotics expands U.S. footprint with acquisition of 3D at Depth". EP&T Magazine. March 13, 2025. Retrieved November 3, 2025.
  8. ↑ "Kraken Robotics Picks Up 3D at Depth, Expanding US Footprint". Journal of Petroleum Technology . March 17, 2025. Retrieved November 3, 2025.
  9. ↑ Macey, Joe (May 28, 2025). "New Orders for Kraken's Advanced Synthetic Aperture Sonar Systems". Unmanned Systems Technology. Retrieved November 24, 2025.
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