Sonar Synthetic Aparture IP Rights Secured by Kraken

Press Release
Tuesday, January 08, 2013

Kraken Sonar Systems acquires all Intellectual Property (IP) rights to the AquaPix® Synthetic Aperture Sonar (SAS) technology platform from Marport Deep Sea Technologies Inc.

The SAS technology assets consist of all hardware and software intellectual property targeted to military and commercial applications. The transaction had an effective closing date of December 31, 2012.

A number of different underwater activities rely on high quality seabed imaging. Offshore exploration, ocean science, seabed mapping and military missions are examples of applications with growing demands for improved seabed image resolution.
 
Until recently, sidescan sonars and multibeam echo-sounders have been the leading technology for detailed mapping and imaging of the seafloor. However, Synthetic Aperture Sonar provides ultra-high image resolution with superior area coverage rates.
 
SAS offer high resolution imagery at longer ranges than conventional side-scan sonars. This is done by replacing traditional sonar hardware with sophisticated signal processing software. The principle of SAS is that the receive transducer array is “synthesized” in software by the coherent recombination of many sonar pings overlapping an area of interest. This represents a major savings in sonar hardware and enables much higher resolution than is possible with conventional sonars.

Kraken was recently spun-out from Marport and is headquartered in St. John’s, Newfoundland. 

"While Synthetic Aperture Sonar is an important marine technology with significant market potential we feel it requires dedicated management, engineering and financial resources to efficiently advance commercialization," said Cyril McKelvie, President and CEO of Marport. "Marport has incubated the development of the AquaPix® SAS platform for the past two years. We believe the transaction with Kraken provides the best opportunity for successful product commercialization while ensuring our shareholders have participation in upside success."



 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Somali Pirate Sentenced to 12 Years by German Court

A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking of a tanker in the Indian Ocean in 2010.

Subsea Defense

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries entered into a strategic partnership with Geodetics Inc., a leader in the development of real-time, high-precision position and navigation solutions.

JFD Awarded Australian Navy Commendation

Commendation awarded by the Royal Australian Navy for dedicated work, commitment and support for Exercise Black Carillon 2013   James Fisher Defence (JFD) has

Portuguese Navy Orders Sonar System Upgrades

General Dynamics Canada is installing an adjunct processing system on three VASCO DA GAMA-class frigates of the Portuguese Navy. Designed by General Dynamics Canada,

Ocean Observation

US: $4B in Loan Aid for Renewable Energy

The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced

Three NOAA scientists honored by White House

The White House yesterday awarded three NOAA scientists with Presidential Early Career Awards for Scientists and Engineers. The award is the highest honor given

ONR Researchers Explore a Changing Arctic

As sea ice continues to recede at a record pace in the Arctic, officials at the Office of Naval Research (ONR) on April 14 announced new efforts to determine the

Underwater Engineering

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger

Subsea Salvage

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries entered into a strategic partnership with Geodetics Inc., a leader in the development of real-time, high-precision position and navigation solutions.

Wreck-Removal Convention to Enter into Force

Shipowner liability on the horizon as Denmark ratifies international instrument The Nairobi International Convention on the Removal Wrecks will enter into force on April 14,

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1578 sec (6 req/sec)