Kraken, Tritech in Technology Cooperation Agreement

Kraken Sonar Systems has entered into an agreement with Tritech International Limited for the supply of technology to the subsea industry.

Under the terms of the multi-year agreement, Tritech will sell the Kraken-developed Correlation Velocity Log (CVL), AquaTrak, under the Tritech name and branding.

We are very pleased to have signed this agreement with Tritech, an industry leader that has extensive reach into the ROV and AUV markets. This relationship will accelerate the time to market for AquaTrak. Building long-term, strategic partnerships is an important part of our growth strategy and increases our capacity for innovation,” said Karl Kenny, President and CEO of Kraken.

We are excited to partner with Kraken to bring this high-technology CVL product to market. After extensive testing and initial discussions with customers we believe that AquaTrak will optimize ROV control, which can be further enhanced with additional Tritech sensors. We have been in this business for nearly 25 years and therefore have an existing route-to-market as well as an established manufacturing and support infrastructure. Having identified the market requirement for a velocity log that can achieve high accuracy, particularly at low velocity, we are confident that the Tritech AquaTrak will provide increased accuracy and higher precision for underwater navigation,” said Scott McLay, Sales Director, Tritech.

Share this article

Follow Subsea World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Shallow and Deepwater Mexico Exhibition and Conference

Shallow and Deepwater Mexico, an offshore oil and gas exhibition and conference is the key center for the international offshore oil and gas community in Mexico. 

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >