Last C$0.30 CAD
Change Today -0.05 / -14.29%
Volume 81.9K
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As of 3:59 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

kraken sonar inc (PNG) Snapshot

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03/2/15 - C$0.38
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kraken sonar inc (PNG) Details

Kraken Sonar Inc., a marine technology company, designs and develops sonars and acoustic sensors for military and commercial applications in Canada. It offers AquaPix, an interferometric synthetic aperture sonar for use in onboard autonomous underwater vehicles, remotely operated tow vehicles, remotely operated vehicles, and tow bodies; interferometric SAS imaging georeferenced high-fidelity toolbox, a software application for signal processing of interfermoteric synthetic aperture sonar imagery; and embedded real time SAS image processor. The company also provides DataPod, a removable data storage module for subsea marine applications. It has strategic partnerships with Defence Research and Development Canada, U.S. Navy’s Naval Sea Systems Command (NAVSEA), the U.K. Ministry of Defence, Northrop Grumman, ECA Robotics, and others. The company was founded in 2012 and is based in Vancouver, Canada.

kraken sonar inc (PNG) Top Compensated Officers

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kraken sonar inc (PNG) Key Developments

Kraken Sonar Systems Inc. Announces Management Changes

Kraken Sonar Inc. announced that it has completed its previously announced acquisition of all of the issued and outstanding shares of Kraken Sonar Systems Inc., constituting the qualifying transaction of the company pursuant to the policies of the TSX Venture Exchange. As a consequence of the Acquisition, the company will carry on the business of Kraken. In connection with the completion of the Acquisition, the company announced its new board of directors as follows: Karl Kenny, John Travaglini, Harley Sinclair and Moya Cahill. In addition, the company announced its new executive management as follows: Karl Kenny - President and Chief Executive Officer; Kim Evans - Chief Financial Officer; Harley Sinclair - VP Legal and Corporate Secretary.

Kraken Sonar Inc. Auditor Raises 'Going Concern' Doubt

Kraken Sonar Inc. filed its Annual on Feb 05, 2015 for the period ending Dec 31, 2013. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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Valuation PNG Industry Range
Price/Earnings 100.0x
Price/Sales 43.8x
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