Kraken Establishes German Subsidiary

ST. JOHN’S, NL–(Marketwired – December 07, 2016) – Kraken Sonar Inc. (TSX VENTURE: PNG) is pleased to announce that effective January 1, 2017, its new German subsidiary, Kraken Robotik GmbH (KRG) will commence operations at the Bremen Innovation and Technology Centre. The move to expand operations into Germany corresponds to strong growth in the region where Kraken has an increasing base of customers and strategic partners. In addition to customer support, KRG will focus on the development of 3D imaging sensors, machine learning and artificial intelligence (AI) algorithms for underwater robotic platforms. Machine learning is a type of AI that provides robots with the ability to learn without being explicitly programmed. Machine learning focuses on the development of software that can teach robotic platforms to be cognitive and adaptive when…

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