Marine technology company Kraken Robotics has been awarded a follow-on contract to deliver mine hunting systems to an undisclosed Nato member nation’s navy.
This follow-on contract has an estimated value of $9.0m.
The newly signed deal is to provide the equipment for the naval force’s new mine countermeasure vessels (MCMVs).
As part of the latest contract, the company will supply additional KATFISH system, Tentacle Winch and autonomous launch and recovery system (ALARS) to the customer.
The contract also involves Kraken to integrate this KATFISH system onto the new MCMVs.
Deliveries associated to this contract are expected to take place between 2023 and 2024.
Kraken’s KATFISH is a high-speed synthetic aperture sonar towfish. It provides better area coverage rates at a reduced operating cost and time in comparison to a remotely operated vehicle.
Besides, the Tentacle Winch system is used for measuring a surface vessel and its motion to carry out safe deployment and recovery in tough environments.
Kraken Robotics CEO and president Karl Kenny said: “Like many other Nato countries, Kraken’s customers are upgrading their mine hunting capabilities, as the war in the Ukraine with Russia highlights the need for stronger national security.
“Against this global geopolitical backdrop, Kraken is seeing continued opportunities for growth in all regions of the world.
“With an innovative and world leading portfolio of synthetic aperture sonar technologies, we look forward to additional significant programme wins both as prime contractor and in partnership with other global defence primes.”
In 2020, the company secured a contract from the Danish Acquisition and Logistics Organization and Polish Navy to provide its mine hunting systems.