New Orders Exceed $1.2 Million in Past 60 Days
ST. JOHN'S, NL--(Marketwired - April 21, 2015) - Kraken Sonar Inc. (
AquaPix® is an industry leading sonar system providing military grade technology that provides superior 3D seabed imaging, faster data processing and a lower cost than existing technology. Over the past 60 days Kraken has received orders exceeding $1.2 million with deliveries expected in the current financial quarter.
"AquaPix® is a game changer for seabed mapping," said Kraken President and Chief Executive Officer Karl Kenny. "Demand for our AquaPix® systems by some of the most influential companies in underwater defence validates the technology, enhance our corporate image and open new opportunities in the other market sectors we serve."
AquaPix® utilizes military-proven SAS algorithms and robust design, providing a complete sonar solution for applications that include naval mine countermeasures, hydrographic survey and subsea surveillance of strategic assets.
Discover more: images and information available at krakensonar.com
ABOUT KRAKEN SONAR INC.
Kraken Sonar Inc. (
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
For further information, please contact:
David Bajwa
IR & Corporate Communications
Telephone: 604 284-5561
Email: info@krakensonar.com