LeeWay Marine Completes Successful Trials of Kraken's

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
66
LeeWay Marine Completes Successful Trials of Kraken's SeaScout System

HALIFAX, Nova Scotia and ST. JOHN’S, Newfoundland, April 03, 2019 (GLOBE NEWSWIRE) -- LeeWay Marine (LeeWay) is pleased to announce that it has successfully completed trials of the Kraken SeaScout® system, developed by Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF). The trials took place from March 18 – 29, 2019, onboard the LeeWay Odyssey.

Building on their previously announced cooperation agreement (01 October 2018), LeeWay and Kraken are testing and validating the SeaScout® system for use on LeeWay’s newest fast patrol vessel, the LeeWay Striker. The two companies continue to strengthen their partnership in an effort to collect high resolution benthic data in an efficient way, while building technological capacity in Atlantic Canada.

Trials were successfully completed near Halifax, Nova Scotia, validating a number of performance objectives set out;

  • Stable performance during high speed towing operations (up to 10 kts)
  • Stable performance in a variety of sea states (up to SS4)
  • Navigational accuracy across all speed ranges and depths
  • High resolution imagery and bathymetry
  • Evaluation of launch and recovery with Kraken’s tentacle winch and docking head

“We are very happy to support LeeWay in their development of the Striker, and integration of the SeaScout®. The success of this trial is not only further validation of the efficiency, effectiveness and ease of use of Kraken’s technology, but also demonstrating the potential for small-and-medium Enterprises (SMEs) to collaborate”, said Karl Kenny, President & CEO of Kraken

During the trials at sea, Jamie Sangster, CEO of LeeWay, and Karl Kenny attended a meeting of Canada’s Ocean Supercluster (OSC), where Kraken representatives spoke about further opportunities for SME collaboration within the OSC. Kraken and LeeWay are both members of the Ocean Supercluster and are participants in OceanVision – a proposal to develop and demonstrate innovative new methods for ocean data collection.

“Through our collaboration with Kraken we’ve seen that the SeaScout® can provide tangible value to our clients through increased data resolution, faster survey speeds, and a safe operational profile”, said Jamie Sangster. “This project is an excellent example of natural SME collaboration; each company brings complementary capabilities which, when combined, not only increases effectiveness and efficiency of benthic data collection, but also helps to build the ocean technology ecosystem in Atlantic Canada, resulting in a lasting benefit far greater than the sum of its parts”.

About LeeWay Striker

Striker is capable of operational speeds of over 50 knots, making the platform the world’s fastest mine hunting and hydrographic patrol vessel (MHPV) to deploy to survey areas. The Striker MHPV will be targeted to mine hunting and hydrographic survey applications in littoral and offshore waters.

The SeaScout® system incorporates several industry-leading modules from Kraken Robotics:

  • KATFISH™, an actively stabilized towfish with Synthetic Aperture Sonar (SAS) providing wide area seafloor coverage, superior pixel resolution for target detection and real-time full resolution SAS processing to enable in-stride automatic target detection;
  • TENTACLE®, an intelligent all-electric winch that hosts sophisticated algorithms for dynamic manual, semi-autonomous or fully autonomous control. The integrated motion reference unit tracks the motion of the host vessel, and the onboard software models and predicts the sea state. The winch will be integrated into a completely Autonomous Launch and Recovery System (ALARS);
  • Real time sea-floor imagery transmission using secure, reliable and fast content delivery to cloud-based storage location to/from fixed sites and mobile platforms: and,
  • Cloud-based data analytics, using machine learning for automated change detection of targets by comparing seabed targets against previously surveyed bottom mapping baseline information.

About Leeway Marine Inc.

LeeWay Marine is a vessel owner/operator based at C.O.V.E. (The Centre for Ocean Ventures and Entrepreneurship) in Dartmouth, Nova Scotia. Their range of vessels support geophysical and geotechnical surveys, offshore oil and gas, ocean technology development, physical oceanography and naval defence training. For more information, please visit www.leewaymarine.ca . Find us on Facebook and Twitter @leewaymarine, and on LinkedIn.

About Kraken Robotics Inc.

Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John’s, Newfoundland with offices in Dartmouth, Nova Scotia; Toronto, Ontario, Bremen, Germany; and, Fairfax, Virginia. For more information, please visit www.krakenrobotics.com , www.krakenrobotik.de , www.krakenpower.de . Find us on social media on Twitter (@krakenrobotics), Facebook (@krakenroboticsinc) and LinkedIn.

Media Contacts

Jamie Sangster, CEO, LeeWay Marine Jamie.sangster@leewaymarine.ca

Glenda Leyte, Marketing Manager, Kraken Robotics gleyte@krakenrobotics.com

Three photos accompanying this announcement are available at:  http://www.globenewswire.com/NewsRoom/Attachm...1f143b98a6

http://www.globenewswire.com/NewsRoom/Attachm...bbbd8c4643

http://www.globenewswire.com/NewsRoom/Attachm...45729416d2  

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Eagle Bank Club Breathing New Life Into Historic Site

Updated Category News Views 22

Preserving History with Contemporary Flair Sometimes, a building is more than just bricks and mortar, it's the heart of a community's memories. Come spring 2027, Eagle Bank Club is set to throw open its doors, reviving the century-old tradition of gathering in a place that's been etched into the town's identity. Scott Slater and Todd Ketlinski aren't just opening another...

Continue Reading
AION Labs Elevates Leadership, Eyes New R&D Horizons

Updated Category News Views 70

Setting New Standards in Pharma Innovation The air in Rehovot, Israel might be filled with more than just technological aspirations, thanks to AION Labs stepping up its leadership game. This venture studio doesn't seem content to rest on its laurels. Nope, it's diving headlong into the deeper end of pharma R&D, scouting out fresh tech territories like quantum computing...

Continue Reading
Kia's Landmark Triple Win at 2026 Car Awards

Updated Category News Views 85

Kia Makes History Well, folks, Kia has pulled off what many might have thought impossible. They snagged not one, not two, but three of Germany's Golden Steering Wheel awards. That's a real hat trick and a first for any non-European auto brand. With competition hotter than a stolen Tesla, Kia's not just keeping pace but setting it. The Golden Steering Wheel is one of those...

Continue Reading
Yiddish Prescription Labels Extend Language Access in NY

Updated Category News Views 92

Here's something that might fly under the radar unless you're really in tune with how language impacts healthcare—RxTran's move to include Yiddish on prescription labels might not be rocking financial markets, but it's got a punchy little implication for those of us watching where healthcare intersects with real-world needs. A Push Toward Accessibility Healthcare...

Continue Reading
Fibocom & GridCrest Unveil Smart Meter Tech at Enlit

Updated Category News Views 60

A Bright Future for Smart Meter Technology Revealed Some days look drearier than others in the tech game, but not this one. Fibocom and GridCrest just showcased their latest collaboration at Enlit Europe 2026 in Vienna, and it paints a pretty sparkling future for smart electricity meters. We're talking about the ME260 single-phase smart meter that promises to be a...

Continue Reading
Denver's Holiday Extravaganza: Lights, Markets, and More!

Updated Category News Views 35

Stepping into Denver's Holiday Magic The holiday spirit descends upon Denver like clockwork each year, and 2026 is no exception—a short drive or flight drops you into a winter wonderland packed with more lights, markets, and cheer than you can shake a sleigh bell at. Visitors and locals alike have a smorgasbord of options to revel in. The Mile High Tree and Drone Shows:...

Continue Reading
myKaarma's Off-Site Wash: A Game Changer for Dealers

Updated Category News Views 37

myKaarma Offers Time and Convenience Boost with Wash Option When was the last time a car dealership didn't have folks lined up waiting for a wash? Dragging out your car's service longer than a Sunday sermon. But today, myKaarma, the folks behind dealership customer interaction magic, cracked open another bottle of convenience with their latest offering: off-site,...

Continue Reading
Dixie Group Gears Up for Q3 Earnings Call Reveal

Updated Category News Views 153

Anticipation Builds for The Dixie Group's Q3 Results Ah, the smell of anticipation in the air—it's earnings season again, folks! For those keeping a keen eye, The Dixie Group, Inc. (OTCQB: DXYN) sets the stage for the big unveil of its 2026 third-quarter results. They're rolling out the red carpet for investors on Thursday, November 12, 2026, at 11:30 a.m. Eastern Time,...

Continue Reading
Portable Tombstone Urn: A Shift in Memorial Traditions

Updated Category News Views 107

An Uncommon Approach to Remembering Loved Ones Read this on a plane, in a crowded office, or in a graveyard—doesn't matter. The heart of human stories lies buried in traditions. But here's one: portable tombstones, shake things up more than Aunt Edna’s offbeat “nonalcoholic” eggnog. This time, it's not about the latest market tickers or skyrocketing stock but...

Continue Reading
Trimble Revamps SketchUp: Game-Changing Design Innovations

Updated Category News Views 60

Breaking Down Trimble's Latest Moves in Design Software The design world spins on innovation, and Trimble's pushing the boat out with SketchUp 2027. Unveiled at the swanky Trimble Dimensions User Conference in Las Vegas, this revamp is all about smashing through workflow barriers that have tripped up designers for too long. If you've ever haggled with clunky model...

Continue Reading

Top 5 Most Recently Viewed Articles

Tech Stocks' Recovery Boosts US Market Outlook Amid Job Data

Updated Category News Views 287

US Stock Futures Steady After Tech Gains U.S. stock index futures showed stability recently, following a robust performance on Wall Street primarily fueled by technology stocks. Investors are now keenly focused on the upcoming jobs data that is set to be released shortly. The S&P 500 Futures are hovering around 5,991.00 points, while Nasdaq 100 Futures experienced a...

Continue Reading
Understanding the Surge in CACI International's Short Interest

Updated Category News Views 147

Understanding the Surge in CACI International's Short Interest CACI International Inc (NYSE: CACI) has recently seen a notable increase in its short percent of float, now standing at 20.91%. According to the latest figures, there are approximately 794 thousand shares sold short, representing 3.99% of all available shares for trading. This data suggests that based on the...

Continue Reading
Calidi Biotherapeutics Unveils Q3 Financials and Innovations

Updated Category News Views 151

Calidi Biotherapeutics Shares Q3 2025 Financial Results Calidi Biotherapeutics Inc. (NYSE American: CLDI), a groundbreaking biotechnology company, has recently shared its financial outcomes and pivotal developments from the third quarter of 2025. With a mission to enhance targeted therapies that deliver genetic medicines, Calidi is achieving significant progress through...

Continue Reading
SBM Offshore Shares Buyback Program Progress Report

Updated Category News Views 184

SBM Offshore's Share Repurchase Program Overview SBM Offshore has recently shared commendable progress regarding its share repurchase program, highlighting transactions made under its EUR130 million (approximately US$140 million) initiative from October 17 to October 23. The company has a clear goal of optimizing its share capital while ensuring vital shares are available...

Continue Reading
Papa John's Faces Securities Lawsuit Amid 17.18% Stock Drop

Updated Category News Views 60

Papa John's Legal Trouble and Stock Tumble Lemme paint you a picture: Papa John's International, Inc. just walked smack dab into the middle of a courtroom drama it's not too eager to star in. The lawsuit's hot on their trail after a sharp 17.18% plummet in their stock price. As far as the markets go, that's a nosedive that'll smack the paint off any seasoned investor's...

Continue Reading