Kraken Completes U.S. Navy Sonar Trials
Kraken Sonar Systems Inc. announced that its Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center (NUWC) in Newport, Rhode Island was successful. NUWC Division Newport is one of two divisions of the U.S. Navy’s Naval Undersea Warfare Center. Its mission is to provide research, development, test and evaluation, engineering and fleet support for submarines, autonomous underwater systems, undersea offensive and defensive weapons systems and countermeasures.
Sonar Synthetic Aparture IP Rights Secured by Kraken
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.
