Under these contracts, the SBI will be used as the cable detection survey sensor providing acoustic depth of burial (DOB) measurements to cables with burial depths up to 5m for survey operations continuing while the cables remain operational.
Commencing in May, PanGeo will be using the SBI to perform cable DOB along the Inter Array Cables (IAC) of one of the world's largest windfarms currently under construction in the
Elsewhere, the SBI will support multiple cable DOB campaigns including three campaigns in
Executive Comments
'We are excited as we continue to support the key players in the renewable energy sector, growing with them in
Kraken also announces that its Board of Directors has approved the issuance of 6,330,000 stock options. The grant consists of 5,130,000 options to employees in recognition of their dedication and hard work supporting the interests of the company and 1,200,000 options to directors. These options have a five-year term, with vesting in three equal instalments consisting of the date of grant and on the one and two-year anniversaries of the initial grant. The exercise price on the options is
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Neither the
Contact:
Chief Financial Officer
(416) 303-0605
jmackay@krakenrobotics.com
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