Kraken Sonar has secured a non-refundable financial contribution of $745,950 by the Research & Development Corporation (RDC) of Newfoundland and Labrador.
The funding will support development of Kraken’s ThunderFish autonomous underwater vehicle (AUV) program.
The ThunderFish program will combine smart sonar, laser and optical sensors, advanced pressure tolerant battery and thruster technologies and cutting edge artificial intelligence algorithms integrated onboard a 6,000 meter depth rated AUV.
Karl Kenny, president and CEO of Kraken said, “We are very grateful to RDC for their support of our efforts and appreciate their thorough review of our development program. This funding will help maintain the excellent momentum we have been building over the past two years in underwater robotics.“