Kraken signs $8M contract with global energy company

Kraken signs $8M contract with global energy company
ST. JOHN’S – Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced that it has signed a R&D contract with a global energy company which will provide $8 million of cash funding to Kraken’s Brazilian subsidiary over a 3-year period. Under this project, Kraken will continue development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions to... Read More

Canada orders divestiture of foreign investments in Canadian critical mineral companies

Canada orders divestiture of foreign investments in Canadian critical mineral companies
  OTTAWA – On November 2, François-Philippe Champagne, Minister of Innovation, Science and Industry, issued the following statement regarding the Canadian government’s decision on recent investments in Canadian critical minerals companies and regarding modernization efforts under the Investment Canada Act (ICA): “While Canada continues to welcome foreign direct investment, we will act decisively when investments threaten our national security and our... Read More