SUT’s ‘ENERGY IN TRANSITION & ITS IMPACT ON OFFSHORE SITE INVESTIGATIONS’ NEWCASTLE SEMINAR

The Offshore Site Investigation and Geotechnics (OSIG) committee of the Society for Underwater Technology (SUT) will hold its first ‘in-person’ seminar in almost 18 months in mid-September.

The full-day event will address ‘Energy in Transition and its Impact on Offshore Site Investigations’, followed by a drinks reception and dinner; all being held at St. James’ Park, Newcastle upon Tyne, the home of Newcastle United FC.

The seminar, on Thursday 16 September, will comprise some 20 presentations including conventional and floating offshore wind, decommissioning and carbon capture and storage (CCS) from a wide variety of speakers from industry, academia and government. Companies/organisations presenting include Oil & Gas UK, MMO, MarineSpace, BP, RPS, Partrac, TotalEnergies, NGI, Cathie, Geowynd, SSE, DnV, Blue Gem Wind and Ørsted.

Karen Dalton (RPS), chair of the organising committee, said:

“This is an excellent opportunity for anyone planning, operating and executing offshore activities, to meet in-person to hear and be part of the discussion around issues facing the industry as the global energy transition progresses.”

Further information. including the full programme and registration are all at https://www.sut.org/event/energy-in-transition-and-the-impacts-for-site-investigation-and-characterisation/

ENDS


CAPTION: Karen Dalton, chair of the seminar organising committee

Notes to Editors:

About the SUT
The Society for Underwater Technology (SUT) is a multidisciplinary learned society that brings together organisations and individuals with a common interest in underwater technology, ocean science and offshore engineering.

SUT was founded in 1966 and has members from more than 40 countries, including engineers, scientists, other professionals, and students working in these areas. In recent decades many SUT members have come from the offshore hydrocarbon sector, today there are growing numbers of members from offshore renewables, marine autonomous systems, and the policy, law and insurance sectors who support offshore activities of many kinds.

The Underwater Association which also commenced operations in 1966 had a long-standing relationship with SUT, and merged with the SUT in 1992, having played a key role in establishing safer diving practices in consultation with the UK Health & Safety Executive. Their legacy can be particularly seen in the work of the SUT’s Diving & Manned Submersibles Committee.

Officers of the Society for Underwater Technology
Cheryl Burgess is the SUT’s Chief Executive.

SUT’s Council’s Elected Officers:

President - Judith Patten MBE
Chairman and Vice President - David Saul
Honorary Secretary - David Brookes
Honorary Treasurer - Mick Cook

www.sut.org Twitter handle @SUT_News


Hydroacoustic technology specialist appoints first marine surveyor to team

Subsea Europe Services GmbH’s expansion continues with new data acquisition and processing support for technology rental clients

Hamburg, Germany – Ezekiel David (30) has joined Subsea Europe Services GmbH as a marine surveyor. The appointment is in line with the Hamburg-based hydroacoustic technology specialist’s growth plan, which saw the recent addition of a new Field Operations Manager and a partnership with Aberdeen-headquartered Seatronics that resulted in hundreds of hydroacoustic, and auxiliary systems added to the company’s Europe-wide rental portfolio.

Ezekiel, who holds an M Sc. with Distinction in Surveying and Geoinformatics with Specialisation in Hydrography and Geodesy from the University of Lagos in Nigeria, will complete his second Masters at Hamburg Hafencity University, in tandem with his position at Subsea Europe Services. Created to provide direct support to rental pool clients, the new position is intrinsically linked to Subsea Europe Services’ ambition to simplify hydrographic surveying so that organisations without in-house expertise can easily acquire their own marine data.

“Our integrated Hydrographic Survey System – iHSS – already streamlines the marine survey workflow by removing the need for expertise during procurement and installation, but the nature of this technology still demands a trained professional to get the best out of it,” said Sören Themann, CEO, Subsea Europe Services GmbH. “Ezekiel, an experienced marine surveyor, is well positioned to help our clients do just that, both during the survey campaign at sea as well as the post-processing phase back home. We’re pleased to have him in the team and confident he will do a fantastic job.”

“I’m delighted to join Subsea Europe Services, especially as it’s a new breed of company with the potential to expand and transform the marine survey sector for a more sustainable future,” said Ezekiel. “Having already used the iHSS recently installed on the university’s DVocean survey boat, I’m really looking forward to getting out on the water with Subsea Europe Service clients to help them collect precise marine data using it, as well as the countless other subsea technologies we offer in our rental, subscription and sales portfolio.”

Ends


Ezekiel David, Marine Surveyor, Subsea Europe Services

Media contacts:
Sören Themann
CEO, Subsea Europe Services GmbH
+49 170 7676666
[email protected]

Saul Trewern
Account Director, Oceanspace Communications
+44 (0)7312 105 130
[email protected]


DimEye Corp. and Avalon Holographics bring the subsea world to your table

DimEye Corp. announced successful tests with Avalon Holographics Inc. in generating 3D Holograms of DimEye 3D As-Built CAD Models of subsea equipment. Over the last years, DimEye has developed a unique technology for high-accuracy subsea surveys and 3D CAD Modeling. Avalon Holographics leads the next wave of display technology with professional holographic displays that revolutionize the way people produce, view, and understand visual content. By replicating the experience of looking at real objects, Avalon’s displays produce realistic and natural 3D experiences.

For further information please visit www.dimeye.com or email Arnauld Dumont at [email protected]


Teledyne Marine Annual Photo Contest Now Open

Teledyne Marine has announced the return of its annual photo contest. All Teledyne Marine customers and users are encouraged to submit their favorite photos showing any of Teledyne Marine’s products in action, data collected using a Teledyne Marine product, or photos taken using a Teledyne Bowtech camera.

This year’s contest, which closes on September 3, 2021, includes eight entry categories. The grand prize winner will choose from a GoPro HeroPro 9 Camera or Apple Watch SE; and the remaining seven winners will select from three prizes to match their interests.

All are encouraged to visit the contest page to submit an image and/or vote for their favorites. Full contest details, online submission, and voting can be found at: www.teledynemarine.com/contest

About Teledyne Marine
Teledyne Marine is a group of leading subsea technology companies that are part of Teledyne Technologies Incorporated. Through acquisitions and collaboration, Teledyne Marine has evolved into an industry cornerstone, bringing Imaging, Instruments, Interconnect, Seismic, and Vehicle technology together to provide total solutions to our customers. www.teledynemarine.com

MEDIA CONTACT

Teledyne Marine
49 Edgerton Drive
N. Falmouth, MA 02556
Attn: Margo Newcombe
[email protected]
Tel. +1-858-335-6727


Sonardyne BlueComm to stream ocean exploration missions live

The world’s deepest diving acrylic hulled manned submersible is to be equipped with Sonardyne’s BlueComm optical communications link to allow live streaming of deep ocean expeditions anywhere in the world.

The Triton 7500/3 series submersible will operate from REV Ocean, one of the world’s most advanced research vessels, currently under construction for the Norwegian non-profit organisation of the same name.

BlueComm will allow the occupants of the Triton submersible to live stream high-definition video and audio to the surface, including to those on board the vessel’s 35-person auditorium or even website and television audiences worldwide, to share first-hand in their experience.

The Triton 7500/3 is the only acrylic hulled submersible able to carry up to three people down to 2,286 m water depth. BlueComm will support its missions by transmitting data using high power light emitting diodes (LEDs) that are rapidly modulated.

Most underwater data transmission is done using acoustic signals, because of the ability of sound to travel long distances, measuring many kilometres, through water. But the bandwidth available using acoustics is not wide enough for high-definition video. By using light, BlueComm is able to stream up to 10 Mbps over up to 150 m.

During its missions, REV Ocean’s Triton submersible will work alongside a 6,000 m rated Kystdesign remotely operated vehicle (ROV), which will also be fitted with BlueComm. The Triton submersible will stream its video to the ROV, which will in turn feed the data up to the REV Ocean research vessel via a cable.

REV Ocean’s Triton 7500/3 is being built by Triton Submarines, builders of the first fully accredited (DNV/GL) submersible capable of diving to full ocean depth. The Triton’s unique pressure hull is being made of acrylic, which is over 300 mm (1 foot) thick and offers passengers a 360 degree and unobstructed view of the ocean during dives of up to 12 hours in duration. The design uses certified, aircraft-grade materials, Lithium-ion battery technology as well as pressure-balanced and oil-filled sub-systems to achieve its remarkable depth capabilities.

This is the latest application of BlueComm onboard a Triton submersible. In 2019, the Nekton Foundation used BlueComm to conduct the world’s first live streaming to global audiences from a submersible during their First Descent expedition in the Indian Ocean. This was quickly followed by the world’s first presidential address from a manned submersible, on the same mission. Both milestones were undertaken using a Triton 1000/2.

“Triton is delighted to be working with the talented and resourceful team at Sonardyne again,” says Patrick Lahey, Triton Submarines’ President. “The Sonardyne BlueComm system is an example of a transformative technology, which dramatically enhances the effectiveness and utility of our entire range of human occupied vehicles. Project REV is a very ambitious ocean exploration project aimed at furthering our knowledge and understanding of the ocean and the Sonardyne BlueComm system is a critical part of capturing the essence of what it is like to be on a dive in human occupied vehicle with remarkable accuracy and quality. The content made possible by the BlueComm system will dramatically enhance the viewing experience for the audience by making it both more powerful and compelling.”

“Through-water communication using BlueComm not only provides a reliable alternative to using cables underwater, which can be expensive to install and vulnerable to damage, for projects like this, it also provides the freedom for scientific vehicles and their occupants to explore the deepest seas and oceans yet still be connected with the surface,” says Geraint West, Global Business Manager, Oceanographic, at Sonardyne. “Nekton’s First Descent Mission in 2019 illustrated BlueComm’s unique ability to bring ocean conservation directly into peoples’ homes, furthering education and understanding. We’re delighted that BlueComm will now play an integral part in supporting the REV Ocean team during their future science cruises.”

Alex Rogers, the Science Director of REV Ocean said “BlueComm is a revolutionary technology enabling live transmission of submersible dives to audiences around the world. It can truly convey the excitement of ocean exploration as demonstrated last year in the Indian ocean by the Nekton Foundation. For REV Ocean it is a great asset for ocean literacy, educating civil society and policy makers about the beauty and value of the deep ocean but also about threats such as plastic pollution, ghost nets and disruption from the changing climate. It also enables scientists on our mothership or even back on land to remotely participate in dives even though they are not physically present.”

Image Caption: Underwater research re-imagined. Sonardyne’s BlueComm will unlock opportunities to share ocean science from onboard the REV Ocean. Image from Sonardyne.

Press Enquiries

David Brown
Head of Marketing
Sonardyne International Ltd
Tel: +44 (0)1252 872288
Email: [email protected]


World’s Most Compact 6,000m Rated Sonar Launched

Impact Subsea has announced the launch of the world's most compact 6,000 meters / 19,685 feet depth rated imaging sonar.

The new addition to the ISS360 range of sonars provides a full 360° field of vision, 80 meters range capability and high resolution imagery using powerful CHIRP based signalling. Heading and Attitude readings can also be provided by the sonar.

Developed to meet the demands of deep rated Autonomous Underwater and Remotely Operated Vehicles for commercial and scientific applications. At just 72mm / 2.83 inches long and weighing 0.37kg / 0.81lbs the deep rated ISS360 Imaging sonar is understood to be the most compact available today.

With Ethernet communications facilitating exceptional scanning speeds and serial communications for integration to vehicles without Ethernet capability; the ISS360 has been designed to provide an ideal obstacle avoidance and target identification sonar for underwater vehicles.

The ISS360 makes use of an inductive coupling between the electronics and scanning transducer which ensures there are no slip rings to wear and require periodic replacement. Housed in Titanium, it ensures many years of operation without the long term corrosion issues associated with anodised aluminium or alternative housing materials.

As part of this development a miniature composite broadband transducer was designed to withstand the increased pressure. Other components in the ISS360 oil filled boot end have also been redesigned to accommodate the higher pressure rating.

Ben Grant, Managing Director, Impact Subsea, commented “We are excited to bring this highly compact sonar to those with operations down to six thousand meters depth. As industry endeavours to reduce the size of underwater vehicles while maintaining capability, the size of the sensors available is critical. The ISS360 has been designed to provide a step change capability for the latest generation of vehicles while providing an excellent upgrade for existing operational vehicles”.

Further details of the ISS360 Sonar range can be found here.

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Impact Subsea design and manufacture innovative underwater Sonar, Altimeter, Depth, Range, Heading, Motion and Temperature sensing solutions. The company also provides a range of underwater housings and a state of the art Flooded Member Detection system. Impact Subsea's solutions are used on underwater Remotely Operated Vehicles (ROV), Autonomous Underwater Vehicles (AUV) and in numerous standalone underwater applications. All sensors are extremely robust, small form factor, high reliability and lead the market in technical capability. To learn more please visit https://www.impactsubsea.co.uk/

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The 6,000 meter rated ISS360 Imaging Sonar.

Any additional enquires should be directed to Ben Grant – [email protected] / 01224 460 850


The Nippon Foundation-GEBCO Seabed 2030 Project and Ocean Exploration Trust announce partnership in pursuit of a complete map of the world's ocean floor

Seabed 2030 and Ocean Exploration Trust (OET) have established a Memorandum of Understanding in recognition that both organisations will continue working together to advance our understanding of the global ocean through collaborative contributions towards the completion of a definitive map of the seafloor. The effort complements the goals of the United Nations Decade of Ocean Science for Sustainable Development.

Seabed 2030 is a collaborative project between The Nippon Foundation and GEBCO to inspire the complete mapping of the world's ocean by 2030, and to compile all bathymetric data into the freely available GEBCO Ocean Map. GEBCO is a joint project of the International Hydrographic Organization (IHO) and the Intergovernmental Oceanographic Commission (IOC), and is the only organisation with a mandate to map the entire ocean floor.

Ocean Exploration Trust (OET) and the Nautilus Exploration Program explore the ocean, utilizing advanced seafloor mapping and robotic technologies, while connecting that exploration to the world in real-time via a high-bandwidth satellite. Established in the United States in 2007, OET partners primarily with United States National Oceanic and Atmospheric Administration (NOAA) Ocean Exploration through the NOAA Ocean Exploration Cooperative Institute, and also with NOAA Office of National Marine Sanctuaries, and other government agencies, academic institutions, and the private sector to advance the field of deep-sea exploration and to engage the public and next generation. NOAA Ocean Exploration’s domestic efforts are in support of the US’ National Oceanic Mapping, Exploration, and Characterization strategy and all NOAA-supported data is stored via National Centers for Environmental Information.

Expeditions are launched aboard Exploration Vessel (E/V) Nautilus —a 68-meter research vessel equipped with remotely-operated vehicles (ROVs) and with collaborative technology partners. During the expeditions, OET offers global scientists, educators, students, and the public a remote exploration experience via live video, audio, and data feeds from the field, as well as ship-to-shore interactions direct to classrooms and public venues around the world.

“We are delighted to welcome the support of a renowned institution such as the Ocean Exploration Trust,” commented Jamie McMichael-Phillips, Director of the Seabed 2030 Project. “OET’s expeditions, which focus on the scientific exploration of the seafloor, will make for a valuable addition to Seabed 2030 and our mission of a complete bathymetric data set of the world’s oceans.”

Dr Nicole Raineault, Chief Scientist of OET said: “A complete map of the seafloor is a critical first step in understanding our planet through ocean exploration. We’re proud to support the Seabed 2030 Project by collecting bathymetric data and producing high-resolution maps of the world’s ocean during each of our expeditions.”

All data collected and shared with the Seabed 2030 Project is included in the GEBCO global grid, which is free and publicly available.

ENDS

Notes to Editors

For more detailed information on The Nippon Foundation-GEBCO Seabed 2030 Project, please visit our website, seabed2030.org, like our Facebook page, follow us on Twitter @Seabed2030, or contact [email protected].

For media inquiries, contact:
Pegah Souri
[email protected]
+44 (0)7951 581707

Samantha Wishnak
[email protected]


MacArtney’s innovative technology helps preserve and document ancient underwater sites

Take a virtual dive into a 2500-year-old shipwreck via the prototype underwater surveillance system, NOUS – which relies on MacArtney’s underwater pluggable electrical SubConn® connectors for its steady performance.

The Peristera shipwreck, off the Greek island of Alonnisos in the Aegean Sea, is described as ‘the Parthenon of shipwrecks’. It is located in the largest marine protected area in Europe and named after the small, almost deserted island close to where it was discovered. When this wooden vessel sank in the late 5th century BC, it took its cargo with it – which included some 4,000 amphorae, or characteristic Greek and Roman two-handled wine jars.

Until now, this excellently preserved, ancient shipwreck has been strictly off-limits to divers of any kind. The Greek Ministry of Culture has prohibited diving, including snorkelling, to any of the country’s underwater archaeological sites to protect them from looters. The dilemma for many historians and scientists has been: how can we preserve these ancient sites while still allowing people to appreciate their unique treasures?

A new prototype may have the answer. The underwater surveillance system, NOUS, has already enabled the public to enjoy the Peristera ‘underwater museum’ via real-time video while also protecting it for future generations. And after the success of the pilot project, the hope is that similar systems can now be applied at other underwater preservation sites.

SubConn® delivers an uninterrupted connection
MacArtney provided assistance and cooperation throughout the process, particularly its internal sales department, which recommended and singled out the needed OptoLink and SubConn® connectors, including cabling, for the optimum result. The underwater pluggable electrical SubConn® connectors combine signal and power, enabling the steady performance of the underwater camera, video and lighting systems installed on-site.

The underwater surveillance system, or NOUS (meaning ‘mind’ or ‘intelligence’ in Greek), is a prototype capable of continuous monitoring an underwater area of interest using AI (artificial intelligence). This eliminates the need for a human operator to perform tasks like object detection, image classification, etc.

The system works on a machine-learned algorithm that can recognise any intruder and send an alarm. It provides real-time video of the wreck site, streamed via five underwater cameras (currently, only one is available to the public, with the other four reserved for scientists).

Other features of the prototype, powered by solar energy, include recognition software and luminosity-triggered lens wipers to unclog debris.

The team
NOUS is the brainchild of Dr George Papalambrou (professor of power propulsion at the National Technical University of Athens), Mr Kostas Katsioulis (dive officer/diver training, information technology) and Mr Vasilis Mentogiannis (engineer/commercial diver).

The team have 25 years of experience in marine work and are some of the founders of the KORSEAI – Institute of Historical and Archaeological Research in the archipelago of Fourni. The potential of this tiny archipelago in the East Aegean Sea between Samos and Ikaria is immense in terms of historical research. Dubbed ‘the ancient shipwreck capital of the world’, 22 shipwrecks have been discovered in the waters around the small islands, dating from 700 BC all the way up to the 16th century.

Some of Dr. Papalambrous’ students from the National Technical University assisted in the pilot project by helping to gather evidence of the system’s effectiveness together with the value of deploying such a system.

Culmination of two years’ work
Two years of brainstorming and hard work, including the idea phase, the building of prototypes and introduction to the Greek Ministry of Culture, finally culminated in the acceptance and funding of the uNdersea visiOn sUrveillance System, or ‘NOUS’ for short. The system has been designed from scratch and functions as a state-of-the-art surveillance system, which not only safeguards subsea antiquities but also has the ability to recognise and record marine species.

Dr George Papalambrou and Mr Vasilis Mentogiannis agree that MacArtney’s assistance has been invaluable:

“We are grateful for the assistance and guidance we received from MacArtney. Our idea and system needs were fully understood and supplied with the fit-for-purpose solution. The system has worked successfully for a year now, and we believe the use of the SubConn® underwater connectors guarantees stability, enabling us to make our prototype a ‘product’ available for more ancient wreck sites in Greece and the marine/diving industry in general.”

Scope of supply

  • SubConn® Circular series, 8 pins
  • SubConn® Ethernet
  • Cables
  • OptoLink fibre optic connectors

Hans-Jørgen Hansen, Sales Director Ocean Science, MacArtney is thrilled to be a part of such an important project, as he explains:

“We, at MacArtney, are extremely pleased to be able to help protect a site of cultural heritage. This solution gives the entire world access to see and to follow – but not to touch. What’s more, it provides residents of Greece in particular with an insight into what the institute and the marine biologists attached to it are doing at a local level to preserve finds of cultural, historical value.”

_________________________________________________________________________________
For additional information, please contact Hans-Jørgen Hansen, Sales Director Ocean Science,
Tel. +45 7613 2000, e-mail [email protected] or visit the company website.

http://www.macartney.com

Caption: SubConn® underwater pluggable electrical connectors secure a steady virtual dive into shipwreck.


SubSeaSail awarded a Dept. of Energy SBIR Phase 1 grant

SubSeaSail, LLC (SSS) has been awarded a Small Business Innovation Research (SBIR) Phase 1 grant from the Department of Energy (DoE) Water Power Technologies Office (WPTO). It was one of twelve companies selected from nine different states, based on their proposals and ability to impact the future of marine energy.

The SubSeaSail one-year grant is for $206,500 which will be used to create a low-cost, user-friendly environmental monitoring vessel for offshore marine energy sites. The vessel will be designed to work on the surface and continue to monitor and measure when submerged down to 30 meters. The vessel will be based on the company’s patented semi-submersible, monohull design and incorporate a unique SSS developed Passive Acoustic Array to monitor underwater soundscapes and 3rd party magnetometers to measure electro-magnetic fields generated by in-water hydrokinetic installations. The ability to autonomously provide near and far field monitoring from a 100% renewable energy vessel that can sail to locations, maintain position, submerge for periods of time to listen/measure/monitor, return to the surface to monitor while re-charging batteries, transmit data, and remain at sea for extended periods for a fraction of the cost of other systems will be unique. This configuration will also have a variety of additional applications across academia, government, military and the private sector.

About SubSeaSail LLC:

SSS is a 4-year-old, San Diego-based BlueTech company with a mission to develop 100% energy harvesting, innovative, disruptively affordable, long-duration (1+ month) platforms & sensors. SSS is developing three lines of business products: 1) monohull, semi-submersible observation vessels; 2) multi-hull, surface cargo vessels; and 3) unique sensors ideally suited for these vessels including rigid Passive Acoustic Monitoring (PAM) Arrays and a weather station. SubSeaSail vessels are “Designed for Simplicity” and backed by multiple patents including a monohull sailing vessel with the hull below the waterline and a passive wingsail control mechanism that provides autonomous management of the sail without any lines, pulleys, or electronics. This results in a revolutionary vessel design with low drag/wake and minimal detection (acoustic, IR, radar, visual) signature. Designed for long duration and persistent missions, a servo is the only electro-mechanical device required to sail.

For more information, please contact Michael Jones, Managing Partner of SubSeaSail at [email protected].


Kraken Signs Contract with Major Energy Company for Underwater Asset Inspection and Provides SeaVision® Update

ST. JOHN’S, NEWFOUNDLAND, July 15, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce several positive updates relating to the Company’s SeaVision® laser scanner developments and growth in its Robotics as a Service (Raas) offering. Kraken’s SeaVision® 3D laser scanner technology will be used in the Company’s RaaS offering focused on three primary markets: mooring chain inspections, ship hull inspection, and offshore wind farm inspection. After several years of development and numerous trials and technology demos , Kraken expects to ramp significant RaaS revenue from SeaVision® laser inspection contracts. Notable updates are as follows:

  • Kraken recently signed a contract with a major international energy company to provide detailed underwater inspection of the customer’s subsea assets. Under the contract, Kraken’s SeaVision® 3D laser scanner will be used to conduct underwater inspection of an umbilical termination assembly to acquire metrology data on tubing within the internal structure. The work will be performed in Q4 of this year in a West African country. The customer’s name and the contract amount cannot be disclosed due to confidentiality reasons.
  • Kraken recently completed extensive trials on Kraken‘s SeaVision® based Mooring Chain Inspection Tool (MCIT) (see Figures 1 and 2 below for sample results). Combining the award winning SeaVision® technology with Kraken developed state-of-the-art deep learning object detection and 3D form matching technology, SeaVision® MCIT will enable a time efficient and contactless inspection. Kraken recently finished test runs in a tank facility using six links of a fully documented and analysed mooring chain. The trials objectively showed that Kraken’s MCIT software system can track and measure diameters within the required measurement envelope. As a result, Kraken expects to move forward to readying the system for the first test deployment later this year with a goal to ramping a mooring chain inspection service offering in 2022.
  • Kraken recently completed a successful offshore mooring chain inspection campaign with a major Brazilian energy company. Kraken is expected to offer ongoing support for diver-less underwater asset inspection in the Brazilian offshore energy market leveraging the SeaVision® Following this successful campaign, Kraken expects to expand its SeaVision® mooring chain inspection service offering to additional international clients in 2022, including certification with an internationally recognized regulatory agency

Management Comments

Karl Kenny, Kraken President and CEO said, “The offshore mooring market was valued at over US$ 1 Billion in 2020 and is expected to grow at a 3.7 % CAGR from 2021 to 2026 according to industry analyst, Market Study Report LLC. The largest market segment is offshore oil & gas FPSOs, accounting for over 2,000 km of mooring chains. There is also growing demand from offshore wind platforms. Kraken’s SeaVision® MCIT tool provides a substitute to the conventional mechanical caliper used today for dimensional measurements resulting in a faster, objective, safer and contact-free measurement that reduces the number of offshore campaign days. This can save customers millions of dollars in operational costs and CO2 emissions associated with vessel operations and can provide significant improvement in asset integrity assurance. After several years of technology development, trials, and paid demos, Kraken expects to ramp up and globally deploy a mooring chain inspection service offering in 2022.”

Figure 1: 3D Point Cloud of Mooring Chain Segment produced in real-time during Kraken’s recent SeaVision testing

Figure 2: Kraken’s Mooring Chain Tracker leverages Deep Learning for detecting and tracking individual chain links during testing

(See video at https://www.youtube.com/watch?v=IBnvbLmmEHs)

LINKS

www.krakenrobotics.com

SOCIAL MEDIA

LinkedIn: www.linkedin.com/company/krakenrobotics

Twitter: www.twitter.com/krakenrobotics

Facebook: www.facebook.com/krakenroboticsinc

YouTube: www.youtube.com/channel/UCEMyaMQnneTeIr71HYgrT2A

Instagram: www.instagram.com/krakenrobotics

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, subsea batteries and thrusters, and underwater robotic systems. The company is headquartered in Newfoundland with offices in Canada, U.S., Germany, Denmark, and Brazil. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.

For further information, please contact:

Joe MacKay, Chief Financial Officer
(416) 303-0605
[email protected]

Greg Reid, Chief Operating Officer
(416) 818-9822
[email protected]

Sean Peasgood, Investor Relations
(647) 955-1274
[email protected]