ST. JOHN’S, Newfoundland, April 04, 2022 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has successfully completed a Robotics as a Service (RaaS) contract with the Royal Canadian Navy (RCN), for testing of Kraken’s ultra-high resolution survey equipment. This $0.5 million contract was funded […]

Kraken Successfully Completes Robotics as a Service (RaaS) Contract from Government of Canada

UPDATE — Kraken Successfully Completes Robotics as a Service (RaaS) Contract from Government of Canada

On Dec. 21, the Minister of Agriculture and Agri-Food,…

Government of Canada invests in organic adoption in Western Canada

Speakers from reputed companies and organizations pitched their AI views at World Data Congress
On November 29, 2021, World Artificial Intelligence & Data Congress organized a conference to discuss on ‘Next generation advancement with Artificial Intelligence & Data Science’. Speakers from reputed companies and organizations made their viewpoints on the current and future implications of technology. The World Data Congress event started with an introductory note. The first speaker, Ashley Casovan, Executive Director of Responsible AI Institute and Director of Data and Digital, Government of Canada, gave a curtain-raiser keynote talk on the influence of artificial intelligence. Following this, Dr Kevin M. Coleman, Empowerment Coach, Trainer, and Speaker, CEO KMC Empowerment, USA conducted a workshop on “A Seat at the Table: Candid Conversation on Diversity, Equity and Inclusion… Are you ready to talk?” He also cleared the doubt of the attendees and gave them a complete new outlook on AI. Other speakers of the World Data Congress- 2021 are listed as follows,
Christopher R. Salem, CEO of Business Industry Advisor, CRS Group Holdings, LLC, USA
Upendra Mardikar, Chief Security Officer of Snap Finance, Venture Capitalists, California, United States
Farah Jemili, Assistant Professor, Higher Institute of Computer Science and Telecom
With the participation of leading data scientists, researchers, C-level executives, business leaders, entrepreneurs, innovators, tech champions and research scholars, the conference acted as a great platform to showcase the latest advancements and trends in AI. It also featured a comprehensive scientific program offered this year. At the event, World Data Congress announced the winners for ‘AI & Data Excellence Awards’, who have done incredibly well in the artificial intelligence and data science circle. The recognition honours AI leaders who have contributed to the growing digital culture through their innovation and futuristic skills across industry verticals. Here is the list of trailblazing leaders who are playing a significant role in shaping the AI future. SpandanMahapatra, CTO, Tata America International Corporation from the United States
David Huang, CTO, BizPay from Australia
AnujAnand, CIO, Ausenco from Canada
Mark Bryant, CEO, Latium Technologies from Canada
Joy Waples, Agile Manager, Data & Analytics and BI, Bacardi from the United States
Umesh H R, Chief Scientist – AI and Cybersecurity, Businessanalyticsr from India
Van Richardson, CIO, iManage LLC from the United States
Brian Gahan, CIO, GridBeyond from Ireland
AnoopMuraleedharan, CTO, LogicPlum from India
Ahmed Farouk, Faculty of Science, Department of Physics and Computer Science, Wilfrid Laurier University from Canada
The winners will be featured on Analytics Insight’s business magazine “Top 10 leaders in AI & Data- 2021”. “With the aim of supporting World’s intrinsic vision for Artificial Intelligence and Data Science, World Data Congress is intended to be the definitive point of interaction between academic and industrial AI & Data professionals, through their case studies, latest products, services and remarkable presentations which identify significant social, philosophical, and economic issues influencing AI’s development throughout the world,” says NidhiSinghal, Head of Events, World Data Congress. At the end of the event, World Data Congress announced the upcoming 2nd conference, which is expected to be held on April 19 and April 20, 2022, virtually. For more visit  https://www.worlddatacongress.com/

World Data Congress Held a Virtual Conference on ‘Next Generation Advancement with Artificial Intelligence & Data Science’

Mount Pearl, Newfoundland and Labrador, CANADA
ST. JOHN’S, Newfoundland and Labrador, Oct.  25, 2021  (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has signed a Robotics as a Service (RaaS) contract with the Canadian government for testing of Kraken’s ultra-high resolution survey equipment with the Royal Canadian Navy (RCN). This $0.5 million contract is funded under the Canadian government’s Innovative Solutions Canada program, and the testing department for this service offering is the RCN’s Fleet Diving Unit Atlantic (FDU-A) based in Halifax, Nova Scotia. The RCN has a mandate to develop and maintain an advanced sonar imaging and data storage capability for all three coasts, and to deploy this capability to national and international areas of interest. Under the contract, Kraken will deploy its KATFISH™ towed SAS sonar system and will integrate a Kraken Light Weight SAS (LW-SAS) onboard a Hydroid REMUS 100 Autonomous Underwater Vehicle (AUV) owned by FDU-A. This contract will be completed by March 31, 2022. Augmenting the RCN’s Current Capabilities
This contract will provide the RCN FDU-A access to cutting edge technology and high-resolution seabed data. FDU-A uses a number of different seabed imaging sonar solutions for their various mission requirements, including Towed Sonars Systems (typically deployed from a Kingston-class MCDV vessel, with a crew of 40 persons), and Light Weight Sonar Systems (typically deployed from REMUS-class AUVs). Kraken’s RaaS service can augment FDU-A’s existing capabilities, by providing them with significantly better data, at a much lower cost, and leveraging continuously improving capabilities. The contract involves testing the Kraken RaaS capability in two configurations:
Towed KATFISH™ Synthetic Aperture Sonar (SAS) system, deployed on a Surface Vessel of Opportunity (the R/V Ocean Seeker). This could also be tested onboard an RCN Asset (such as the Kingston-class MCDV). One purpose of the test is to show that in combination with RaaS, vessels of opportunity can also be used at a lower cost and higher availability to augment the RCN's capabilities. Untethered Light Weight SAS system, deployed on an RCN Underwater Vessel of Opportunity (REMUS 100 AUV), and tested with the KATFISH™ system above. A purpose of this test is to show that RaaS can be quickly added to existing RCN assets, to augment their capabilities. Benefits to the Navies
Kraken believes its RaaS offering could provide significant benefits to other navies around the world. With Kraken RaaS, navies can access cutting edge technology “as needed”, without concern for equipment obsolescence, life cycle costs, or operator skill fade. As it relates specifically to the RCN, Kraken RaaS offers many advantages:
Both RCN operating bases, MARLANT (Maritime Forces Atlantic) and MARPAC (Maritime Forces Pacific) are mandated to maintain Q-routes (safe passage lanes along the coasts and into designated harbors, of Canadian waters) on an annual basis. These surveys take a significant amount of time with current RCN technology due to image quality and speed of current towed bodies. Kraken’s technology would greatly enhance the image quality and reduce the time of the surveys significantly due to the advance in state-of-the-art technology. Kraken’s technology can be deployed to assist the RCN in mapping areas of interest ahead of regular exercises and operations, with the image quality required to enable change detection and optimize revisit rates. This has the potential to provide the RCN with a competitive edge for detecting bottom objects in complex seabeds. Kraken’s technology and service application can augment route survey activities while simultaneously supporting near shore hydrographic mapping and charting requirements on an annual basis with high-definition resolution, freeing up valuable Navy assets for other mission critical functions
CEO Comments
Commenting on this contract, Karl Kenny, Kraken President and CEO noted, “Kraken is excited to be able to offer RaaS to the RCN as an “Early Adopter” to augment existing RCN Route Survey with a Service offering based on the latest SAS technology available. Kraken seeks to offer our Robotics as a Service globally, in particular to other NATO allies, and this contract for the RCN’s evaluation will serve as an excellent reference. The RCN’s objective comparison of the data from our RaaS offering against legacy sonar data will provide demonstrative evidence of the superior image resolution and accuracy of Kraken survey data.”
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Kraken Awarded Robotics as a Service (RaaS) Contract from Government of Canada

Rohde & Schwarz serves as a partner for communications, information and security. Rohde & Schwarz develops, produces and markets a wide range of electronic capital goods for industry, infrastructure operators and government customers.

Rohde & Schwarz

The Canadian Department of National Defence chooses Rohde & Schwarz to replace high frequency receivers across Canada with the company 's HF radios .

Canadian DND chooses Rohde & Schwarz HF communications.

FRAMEWORK operates as a joint venture of leading Canadian design firms Stantec, Merrick and Dialog.

FRAMEWORK

FRAMEWORK Design Partners , a joint venture of leading Canadian design firms Stantec , Merrick and Dialog , was recently awarded a base contract by the Government of Canada to support the renewal of government research facilities across Canada .

Stantec, Merrick, and Dialog joint venture selected by Government of Canada for multi-year renewal of science and research facilities across Canada

Sanofi (Euronext: SAN) (NYSE: SNY) engages in the research, production, and distribution of pharmaceutical products in the prescription market, as well as over-the-counter medication. The company covers seven major therapeutic areas: cardiovascular, central nervous system, diabetes, internal medicine, oncology, thrombosis, and vaccines.

Sanofi

GlaxoSmithKline (NYSE: GSK) develops and markets pharmaceuticals, vaccines, over-the-counter medicines, and health care products.

GlaxoSmithKline

Roger Connor , President of GSK added , `` GSK is proud to be working in partnership with Sanofi Pasteur to make this vaccine available as soon as possible in Canada .

Sanofi and GSK sign agreements with the Government of Canada to supply up to 72 million doses of adjuvanted COVID-19 vaccine - Sanofi

Moderna Therapeutics (NASDAQ:MRNA) is a Cambridge, Massachusetts-based biotechnology company that is focused on drug discovery and drug development based on messenger RNA. The company creates synthetic mRNA that can be injected into patients to help them create their own therapies.

Moderna Therapeutics

Pfizer (NYSE: PFE) offers a diversified global health care portfolio including human and animal biologic and small molecule medicines and vaccines, as well as nutritional products and consumer products. Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge feared diseases. The company also collaborates with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world.

Pfizer

Compugen is an IT solutions provider that works with mid- to large-sized organizations to help them maximize the business value of their investment in information technology. The company offers solutions in all aspects of business computing including networking, cloud computing, data center, and end-user computing technologies.

Compugen

Department of National Defence

Bell MTS

Library and Archives Canada

Goodwin

Akin Gump Strauss Hauer & Feld

U.S. Department of Treasury

KPMG Canada

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The Government of Canada website is a single point of access to all programs, services, departments, ministries and organizations of the Government of Canada.

Date	Round	Company	Amount	New?	Co-Investors	Sources
5/2/2022	Grant - II	Innovation Guelph	$7.68M	Yes		1
3/9/2022	Grant - IV	Seneca	$1.56M	No		2
1/31/2022	Grant	Cultivator	$0.71M	Yes		1
1/13/2022	Grant	Subscribe to see more	$99M	Subscribe to see more		10
12/17/2021	Seed	Subscribe to see more	$99M	Subscribe to see more	Subscribe to see more	10

Date	5/2/2022	3/9/2022	1/31/2022	1/13/2022	12/17/2021
Round	Grant - II	Grant - IV	Grant	Grant	Seed
Company	Innovation Guelph	Seneca	Cultivator	Subscribe to see more	Subscribe to see more
Amount	$7.68M	$1.56M	$0.71M	$99M	$99M
New?	Yes	No	Yes	Subscribe to see more	Subscribe to see more
Co-Investors					Subscribe to see more
Sources	1	2	1	10	10

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3M Success Story

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Government of Canada

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