ST. JOHN’S, Newfoundland, June 07, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Firm™, is happy to announce that it has signed a cooperation settlement with SH Protection (SHD) of Denmark overlaying the design and sale of containerized mine countermeasure and different subsea surveillance sensor and robotic options.
SHD is a world firm growing, producing and servicing hydraulic, electrical and mechanical system options, together with containerized multi-mission module techniques for the worldwide naval business. SHD manufactures The Dice™, a subsequent era evolution of StanFlex containers.
The advantages of such containerized modules are quite a few and embody:
- Unused modules might be saved in managed circumstances, lowering the necessity for preventative upkeep,
- Ships don’t have to be taken out of service when tools requires upkeep,
- New techniques might be put in on vessels by becoming them to a module, as an alternative of refitting all the ship,
- When a ship is faraway from service, the modules might be reused by different vessels, and
- The multi-role ships might be rapidly re-equipped for different roles.
Karl Kenny, Kraken President and CEO mentioned, “Kraken may be very happy to co-operate with SHD for containerized subsea surveillance payloads for the naval and business marine business. These modular payloads will embody Kraken surveillance techniques and SH container modules. SH Protection will globally promote and promote containerized subsea surveillance options with quite a lot of Kraken’s surveillance options. In Canada, Kraken, supported by SHD, will promote, promote, ship, set up and repair SHD hydraulic, electrical and mechanical system modular containerized options to the Royal Canadian Navy, Canadian Coast Guard and business business.”
Immediately’s international naval working surroundings requires navies to extend not solely their vary into new working theaters just like the Arctic, but additionally to increase their platform capabilities and to function extra autonomous and remotely piloted techniques to offer enhanced maritime area consciousness and operational capabilities. Ship builders are designing on this flexibility and interoperability by together with versatile lodging for containerized mission techniques and an Offshore Patrol Vessel (OPV) is an instance of this.
An OPV is a floor ship designed for coastal operations, together with each defence (i.e. naval mine countermeasures) and constabulary roles. Through the use of containerized resolution modules that may be quickly exchanged, these warships can deploy with mission agility and rapidly convert to deal with a spread of different roles reminiscent of maritime safety, border management, anti-smuggling, counter-terrorism, catastrophe reduction and extra.
OPVs are the quickest rising section of nation-owned fleets and worldwide demand for OPVs has proliferated lately. OPVs enable governments to share platforms throughout authorities companies as seen in Canada with the AOPS design being shared between the Royal Canadian Navy and the Canadian Coast Guard. Tensions from the Mediterranean Sea to the South China Sea, coupled with the a number of low-cost capabilities provided by OPVs, are key components behind their growing success. For waters within the Center East, OPVs are seen as one of many essential options to rising piracy considerations and efforts to guard financial pursuits.
Market analysts, Market Watch, estimate that in 2020 the worldwide Offshore Patrol Vessels market was valued at over US$24 billion and is anticipated to succeed in over US$44 billion by the top of 2026, rising at a CAGR of 8.7% through the interval.
The marketplace for OPVs is buoyant as international locations search to modernize, improve and exchange platforms to maintain tempo with know-how change and the evolving menace spectrum. When coupled with quickly exchangeable containerized payloads, OPV will allow nations to maneuver rapidly and simply between roles and missions. Additional, containerized mission particular payloads can rapidly be shared between different platforms inside a rustic’s present fleet or of an allied nation.
The connection between Kraken Robotics and SH Defence is targeted on the agility required for future maritime operations by bringing collectively two main capabilities and corporations to make this potential: Kraken Robotics and their autonomous mission techniques, and SH Defence with their standardized containerization functionality and container dealing with merchandise.
ABOUT KRAKEN ROBOTICS INC.
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine know-how firm devoted to the manufacturing and sale of software-centric sensors, subsea batteries and thrusters, and underwater robotic techniques. The corporate is headquartered in Newfoundland with places of work in Canada, U.S., Germany, Denmark, and Brazil. Kraken is ranked as a High 100 marine know-how firm by Marine Expertise Reporter.
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