Kraken Robotics Completes Acquisition of 3D at Depth
Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) has completed the acquisition of 3D at Depth Inc., a subsea services company specializing in high resolution LiDAR imaging and measurements. The acquisition, previously announced on March 13, 2025, makes 3D at Depth a wholly owned subsidiary of Kraken.
The merger combines Kraken's synthetic aperture sonar and sub-bottom imaging technologies with 3D at Depth's LiDAR capabilities. The company's product portfolio includes Kraken Synthetic Aperture Sonar (SAS), KATFISH towfish system offering 2cm x 2cm resolution, and SeaPower pressure-neutral battery system providing twice the energy density at 46% less weight compared to traditional batteries.
Services offered include LiDAR surveys, SAS surveys, sub-bottom imaging, and acoustic coring, serving commercial, defense, and marine research sectors.
Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) ha completato l'acquisizione di 3D at Depth Inc., un'azienda di servizi sottomarini specializzata in imaging e misurazioni LiDAR ad alta risoluzione. L'acquisizione, annunciata in precedenza il 13 marzo 2025, rende 3D at Depth una controllata interamente di Kraken.
La fusione combina le tecnologie di sonar a apertura sintetica e imaging sub-bottonale di Kraken con le capacità LiDAR di 3D at Depth. Il portfolio prodotti dell'azienda include il Kraken Synthetic Aperture Sonar (SAS), il sistema di towed fish KATFISH che offre una risoluzione di 2cm x 2cm, e il sistema di batterie a pressione neutra SeaPower che fornisce il doppio della densità energetica con un peso inferiore del 46% rispetto alle batterie tradizionali.
I servizi offerti includono sondaggi LiDAR, sondaggi SAS, imaging sub-bottonale e carotaggi acustici, servendo i settori commerciale, della difesa e della ricerca marina.
Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) ha completado la adquisición de 3D at Depth Inc., una empresa de servicios submarinos especializada en imágenes y mediciones LiDAR de alta resolución. La adquisición, anunciada previamente el 13 de marzo de 2025, convierte a 3D at Depth en una subsidiaria de propiedad total de Kraken.
La fusión combina las tecnologías de sonar de apertura sintética e imágenes sub-fondo de Kraken con las capacidades LiDAR de 3D at Depth. El portafolio de productos de la empresa incluye el Kraken Synthetic Aperture Sonar (SAS), el sistema de towed fish KATFISH que ofrece una resolución de 2cm x 2cm, y el sistema de baterías a presión neutra SeaPower que proporciona el doble de densidad energética con un peso un 46% menor en comparación con las baterías tradicionales.
Los servicios ofrecidos incluyen encuestas LiDAR, encuestas SAS, imágenes sub-fondo y muestreo acústico, atendiendo a los sectores comercial, de defensa e investigación marina.
크라켄 로보틱스 (TSX-V: PNG, OTCQB: KRKNF)는 고해상도 LiDAR 이미징 및 측정 전문 해양 서비스 회사인 3D at Depth Inc.의 인수를 완료했습니다. 이 인수는 2025년 3월 13일에 발표되었으며, 3D at Depth는 크라켄의 완전 소유 자회사가 되었습니다.
이번 합병은 크라켄의 합성 개구 소나 및 수중 바닥 이미징 기술과 3D at Depth의 LiDAR 기능을 결합합니다. 회사의 제품 포트폴리오에는 크라켄 합성 개구 소나 (SAS), 2cm x 2cm 해상도를 제공하는 KATFISH 투우 시스템, 전통적인 배터리보다 46% 더 가벼운 무게로 두 배의 에너지 밀도를 제공하는 SeaPower 압력 중립 배터리 시스템이 포함됩니다.
제공되는 서비스에는 LiDAR 조사, SAS 조사, 수중 바닥 이미징 및 음향 코어링이 포함되며, 상업, 방위 및 해양 연구 분야에 서비스를 제공합니다.
Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) a finalisé l'acquisition de 3D at Depth Inc., une entreprise de services sous-marins spécialisée dans l'imagerie et les mesures LiDAR haute résolution. L'acquisition, annoncée précédemment le 13 mars 2025, fait de 3D at Depth une filiale entièrement détenue par Kraken.
La fusion combine les technologies de sonar à ouverture synthétique et d'imagerie sub-bottonale de Kraken avec les capacités LiDAR de 3D at Depth. Le portefeuille de produits de l'entreprise comprend le Kraken Synthetic Aperture Sonar (SAS), le système de poisson traînant KATFISH offrant une résolution de 2 cm x 2 cm, et le système de batterie à pression neutre SeaPower qui fournit le double de la densité énergétique avec un poids inférieur de 46 % par rapport aux batteries traditionnelles.
Les services offerts comprennent des enquêtes LiDAR, des enquêtes SAS, de l'imagerie sub-bottonale et des carottages acoustiques, servant les secteurs commercial, de la défense et de la recherche marine.
Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) hat die Übernahme von 3D at Depth Inc., einem Unternehmen für Unterwasser-Dienstleistungen, das sich auf hochauflösende LiDAR-Bilder und -Messungen spezialisiert hat, abgeschlossen. Die Übernahme, die zuvor am 13. März 2025 angekündigt wurde, macht 3D at Depth zu einer hundertprozentigen Tochtergesellschaft von Kraken.
Die Fusion kombiniert die Technologien des synthetischen Apertursonars und der sub-bottom Imaging-Technologien von Kraken mit den LiDAR-Fähigkeiten von 3D at Depth. Das Produktportfolio des Unternehmens umfasst Kraken Synthetic Aperture Sonar (SAS), das KATFISH Towed-Fish-System, das eine Auflösung von 2 cm x 2 cm bietet, und das SeaPower druckneutrale Batteriesystem, das die doppelte Energiedichte bei 46 % weniger Gewicht im Vergleich zu herkömmlichen Batterien liefert.
Die angebotenen Dienstleistungen umfassen LiDAR-Befragungen, SAS-Befragungen, sub-bottom Imaging und akustisches Kernbohren, die die kommerziellen, verteidigungs- und maritimen Forschungssektoren bedienen.
- Strategic acquisition expanding service offerings in subsea intelligence
- Integration of complementary technologies (LiDAR, SAS, sub-bottom imaging)
- Advanced product portfolio with industry-leading specifications
- Expanded market reach across commercial, defense, and marine research sectors
- None.
ST. JOHN'S, Newfoundland and Labrador, April 02, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that, through a subsidiary, it has completed the acquisition of 3D at Depth Inc. (“3D at Depth”) on the terms previously disclosed in the Company’s press release dated March 13, 2025. 3D at Depth is a subsea services company specializing in high resolution LiDAR imaging and measurements.
3D at Depth is now a wholly owned subsidiary of Kraken. As it transitions to the Kraken brand, it will continue to operate as a trusted partner in subsea LiDAR imaging, complementing Kraken’s suite of synthetic aperture sonar and sub-bottom imaging technologies.
“We are pleased to welcome 3D at Depth to the Kraken Robotics team and look forward to offering our comprehensive subsea intelligence solutions to our clients,” said Greg Reid, President and CEO of Kraken. “Our combined solutions are complementary, enabling us to provide best-in-class technologies to our global customer base across the commercial, defense, and marine research sectors.”
Kraken offers a suite of advanced marine technology products and services to enable clients worldwide to complete complex subsea missions, providing higher resolution data and enhanced endurance solutions.
Products Include:
Kraken Synthetic Aperture Sonar (SAS)
- Kraken SAS is a technology evolution, integrating the capability to perform imaging and bathymetric mapping simultaneously, while delivering significantly higher resolution, range, and the industry’s best Area Coverage Rates (ACR). Ranging from mine countermeasures and port and harbor security to infrastructure integrity surveys and broad area habitat mapping campaigns, Kraken SAS provides higher-grade subsea information that reduces the cost and time required to make critical decisions.
KATFISH
- Kraken’s KATFISH is an actively stabilized synthetic aperture sonar (SAS) towfish system that delivers ultra-high-resolution data of up to 2 cm x 2 cm. The KATFISH towbody leverages articulated tailfins and an intelligent autopilot to compensate for motion, enabling high-quality data collection and large area coverage rates.
SeaPower
- Kraken’s SeaPower pressure-neutral battery system delivers twice the energy density at
46% less weight in water per kWh compared to traditional oil-compensated batteries. Its exceptional energy-to-volume and weight ratio enables extended, deeper, and more complex underwater operations with reduced recharging needs.
Services Include:
LiDAR Survey
- Underwater LiDAR surveys result in comprehensive, accurate data to enable informed decision-making on underwater assets and infrastructure in a cost-effective, low risk manner. Applications include measurement, inspection, diagnostics, and asset monitoring for offshore oil and gas, nuclear, hydroelectric industries, defense and security, and marine science and research.
SAS Survey
- Kraken’s KATFISH towed synthetic aperture sonar surveys can provide significant augmentation to existing offshore energy and defense survey operations, acquiring higher quality, wider swaths of data at faster speeds than towed sidescan sonar.
Sub-Bottom Imaging
- Kraken’s Sub-Bottom Imaging services allow you to see beneath the seabed using advanced acoustic technology. Our Sub-Bottom Imager (SBI) 3D data provides a clear understanding of subsea lithography and hazards, decreasing the risk of your offshore operations.
Acoustic Coring
- The Acoustic Corer utilizes advanced acoustic technology for sub-seabed interrogation, optimizing offshore installation programs. By bridging the gap between geophysical and geotechnical site investigation methods, it delivers a 3D acoustic core with a 14 m diameter and depths exceeding 50 m.
Figure 1: Kraken Robotics offers a suite of advanced marine technology products and services
ABOUT KRAKEN ROBOTICS INC.
Kraken Robotics Inc. (TSX.V: PNG) (OTCQB: KRKNF) is transforming subsea intelligence through 3D imaging sensors, power solutions, and robotic systems. Our products and services enable clients to overcome the challenges in our oceans – safely, efficiently, and sustainably.
Kraken’s synthetic aperture sonar, sub-bottom imaging, and LiDAR systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure, and geology. Our revolutionary pressure tolerant batteries deliver high energy density power for UUVs and subsea energy storage.
Kraken Robotics is headquartered in Canada with offices in North America, South America, and Europe, supporting clients in more than 30 countries worldwide.
LINKS:
www.krakenrobotics.com
SOCIAL MEDIA:
ABOUT 3D AT DEPTH
3D at Depth specialises in underwater data acquisition, providing unparalleled expertise and cutting-edge solutions to a diverse array of in water measurement challenges. From initial underwater survey planning to final data delivery, our comprehensive end-to-end approach and commitment to excellence has positioned us as industry leaders, empowering our clients worldwide with detailed and accurate three-dimensional point clouds which provide an insightful and holistic view of underwater environments.
LINKS:
https://3datdepth.com/
SOCIAL MEDIA:
Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, potential business synergies between Kraken and 3D at Depth, the anticipated market for 3D at Depth’s products and services, business objectives, expected growth, results of operations, performance, business projects and opportunities, and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.
For further information:
Erica Hasenfus, Director of Marketing
erica.hasenfus@krakenrobotics.com
Joe MacKay, Chief Financial Officer
(416) 303-0605
jmackay@krakenrobotics.com
Greg Reid, President & CEO
(416) 818-9822
greid@krakenrobotics.com
Sean Peasgood, Investor Relations
(647) 955-1274
sean@sophiccapital.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4b2ac489-c35d-4ffb-8cd9-7cdac7aeebaf
FAQ
What strategic benefits does the 3D at Depth acquisition bring to Kraken Robotics (KRKNF)?
What are the key products offered by Kraken Robotics (KRKNF) after the acquisition?
How does Kraken's KATFISH system enhance subsea surveying capabilities?
What advantages does Kraken's SeaPower battery system offer?
