Innovators: Press Releases

DEFENCE & SECURITY PRESS RELEASES

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C-CORE to help Canadian Space Agency improve Canada’s satellite-based maritime surveillance capability

by Barry Snow on May 20, 2016

 
St. John’s-based research and development corporation C‑CORE has been contracted by the Canadian Space Agency (CSA) to adapt its proprietary radar technology for space. The CSA is availing of C‑CORE’s expertise to help develop a critical part of the next generation of RADARSAT satellites, greatly improving their imaging capability.   Read more.

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Kraken Receives Major European Defense Order

by Barry Snow on May 4, 2016

ST. JOHN’S, NEWFOUNDLAND - (May 3, 2016) – Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has invoiced a major European defense contractor for over C$400,000. Proceeds are expected to be received during Q2 2016. Due to competitive reasons, the customer cannot be named at this time.
Read more.

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Kraken to Supply Sonar System to Major Israeli Defence Contractor

by Barry Snow on February 23, 2016

See here for full story:   Kraken Active Towed Fish (KATFISH) Can Be Deployed for Hunting Naval Mines and Underwater Improvised Explosive Devices     Read more.

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Kraken Receives $750,000 to Fund R&D

by Barry Snow on November 17, 2015

Kraken Receives $750,000 to Fund R&D Non-Dilutive Capital to Support the Development of KATFISH Sonar Towfish Platform
Read more.

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Kraken Awarded $1.5 Million Order From Major Defence Contractor

by Barry Snow on November 17, 2015

ST. JOHN'S, NL--(Marketwired - November 02, 2015) - Kraken Sonar Inc. ("Kraken") (TSX VENTURE: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has received a $1.5 million contract from a major international defence contractor for a KATFISH sonar system. Along with spare parts and support, the initial order could exceed $2 million. Due to the sensitivity of its business, the client's name cannot be disclosed.   Read more.