Kraken Robotics Inc · TSXV:PNG
Kraken Robotics — Cantech Investment Conference 2019
23 slides from Kraken Robotics's conference presentation, January 2019
Slide 1: Kraken Robotics Inc.
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) World Leaders in Underwater Sensors & Robotics Cantech Investment Conference January 2019
Slide 2: Forward Looking Statements
Forward Looking Statements Some statements herein contain forward-looking information. The use of any of the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "will," "plans," "project," "should," "target" and similar expressions are intended to identify forw
Slide 3: Serving $5 Bln Maritime Robotics Market
Serving $5 Bln Maritime Robotics Market • Kraken provides underwater sensors, batteries, and robots to military and commercial customers who use them to Image and Map the Seafloor and Subsea Infrastructure in ultra high resolution • 6 year old company with 70+ employees in Canada, US and Germany; va
Slide 4: Capital Structure
Capital Structure Ownership Intellectual Property Management & Insiders ~ 30% Internally Developed $20 million ~ 11% Acquired & Partnerships $20 million Strategic Investor Ocean Infinity 14% fully diluted $40 million Analyst Coverage Actionable Intelligence™ www.krakenrobotics.com 4
Slide 5: Kraken Solutions and Customer Platforms
Kraken Solutions and Customer Platforms ROBOTICS 2015+ ▪ KATFISH ▪ A-LARS ▪ THUNDERFISH “A” ▪ ACOUSTIC ▪ THUNDERFISH 600 ▪ LASER ▪ OPTICAL Actionable Intelligence™ www.krakenrobotics.com
Slide 6: Over $300M in Current Contract Pursuits
Over $300M in Current Contract Pursuits International Navy Sonar Upgrades US Navy AUV Upgrades Pressure Tolerant Batteries $125M+ $100M+ $50M+ Supercluster Seabed Mapping Offshore Wind Energy ASW Acoustic Signal Processing $25M+ $10M+ $10M+ 6 Actionable Intelligence™ www.krakenrobotics.com
Slide 7: Corporate Strategy – From Products to RaaS
Corporate Strategy – From Products to RaaS ROBOTICS 2015 ▪ KATFISH ▪ A-LARS ROBOTICS 2017+ SENSORS 2012 ▪ THUNDERFISH “A” ▪ ACOUSTIC ▪ THUNDERFISH 6000 ▪ LASER ▪ OPTICAL RaaS 2018+ ▪ DATA ACQUISITION ▪ ARTIFICIAL INTELLIGENCE ▪ DATA ANALYTICS Actionable Intelligence™ www.krakenrobotics.com 7
Slide 8: Sensors - Synthetic Aperture Sonar (SAS)
Sensors - Synthetic Aperture Sonar (SAS) Some SAS Advantages ▪ KATFISH ▪ A-LARS Ultra High Image Resolution (15x Better) Increased Area Coverage Rate Conventional Operational Safety ▪ THUNDERFISH “A” ▪ ACOUSTIC ▪ THUNDERFISH 600 ▪ LASER ▪ OPTICAL Image courtesy ECA Robotics Kraken AquaPix® SAS Actio
Slide 9: Sensors - World 1st: Full Colour 3D Underwater Laser
Sensors - World 1st: Full Colour 3D Underwater Laser Actionable Intelligence™ www.krakenrobotics.com 9
Slide 10: SeaVision Inspections – Mooring Chain, Ship Hull, etc.
SeaVision Inspections – Mooring Chain, Ship Hull, etc. Underwater Crawler Inspection Class ROV Work Class ROV Actionable Intelligence™ www.krakenrobotics.com 10
Slide 11: Evolving from Sensors to Systems and RaaS
Evolving from Sensors to Systems and RaaS ROBOTICS 2015+ ▪ KATFISH ▪ A-LARS ▪ THUNDERFISH “A” ▪ ACOUSTIC ▪ THUNDERFISH 600 ▪ LASER ▪ OPTICAL Actionable Intelligence™ www.krakenrobotics.com 11
Slide 12: KATFISH - Tethered Underwater Towfish
KATFISH - Tethered Underwater Towfish Commercial & Military Certified ❑ Key component in major foreign navy bids ❑ Orders from Germany and Israel ❑ Recent surveys performed under CRADA with US Navy and NOAA ❑ Successful demonstrations at Advanced Naval Technology Expo (ANTX) 2018 in U.S ❑ Successful
Slide 13: Tentacle Winch – For Launch & Recovery
Tentacle® Winch – For Launch & Recovery 2 Year R&D Effort from Kraken Handling Systems Group in Nova Scotia - Intelligent electric winch can adjust cable scope through active feedback from u/water towed platform - Intelligently communicates with KATFISH for motion compensation, and bottom avoidance.
Slide 14: Kraken Power – Deep Sea Batteries & Thrusters
Kraken Power – Deep Sea Batteries & Thrusters Ocean Infinity Battery Contract • $9M battery order for delivery in 2019 for 10 AUVs. • LiPo batteries for integration on 6000M Hugin AUVs (15 AUV fleet) • Extends single mission time from 50+ hours (with current batteries) to 85+ hours with Kraken batte
Slide 15: THUNDERFISH - Autonomous Underwater Vehicle
THUNDERFISH ® - Autonomous Underwater Vehicle Searched for Avro Arrow models in Lake Ontario Actionable Intelligence™ www.krakenrobotics.com 15
Slide 16: Robotics as a Service - Kraken's SeaScout Offering
Robotics as a Service - Kraken’s SeaScout Offering • KATFISH remote minehunting system as a service • SeaScout system is comprised of an actively controlled intelligent KATFISH, autonomous launch and recovery system (ALARS), Tentacle winch and tow cable, remote link and remote operator and visualiza
Slide 17: Reasons to Own Kraken Stock
Reasons to Own Kraken Stock (TSX-V:PNG) Strong competitive position in industry with high barriers to entry $5 billion market by 2020 Partnerships, new products, and industry upgrade cycle driving accelerating growth Many catalysts given $300 million of contract pursuits Strategic Investor owns ~11%
Slide 18: Thank You For Your Attention!
Thank You For Your Attention! Greg Reid, CA, CPA, CFA Chief Financial Officer Kraken Robotics Inc. 430 Water Street – Main Floor St. John’s, Newfoundland Canada A1C 1E2 709.757.5757-270 greid@krakenrobotics.com © Copyright 2012 - 2019 Kraken Robotics Inc. All Rights Reserved. Kraken Robotics, the Kr
Slide 19: Extra Slides
Extra Slides 19 Actionable Intelligence™ www.krakenrobotics.com
Slide 20: Strategic Partner - Ocean Infinity $3.8M Equity Investment
Strategic Partner - Ocean Infinity $3.8M Equity Investment ▪ WHO: New well funded entrant to ocean survey & exploration business ▪ WHY: They were looking to adopt the best technology to better automate the ocean survey data acquisition chain and accelerate industry disruption ▪ INVESTMENT: ▪ June 20
Slide 21: US$5B Maritime Robotics Market – Key Drivers
US$5B Maritime Robotics Market – Key Drivers Military • Mine Warfare - 500,000 underwater mines • Anti-Submarine Warfare - 400 operational submarines • Intelligence, Surveillance, Recon - Special forces, covert operations, environmental assessment • Resurgence in underwater warfare and emergence of
Slide 22: Ocean Supercluster – RAAS Opportunity
Ocean Supercluster – RAAS Opportunity • Private sector led partnership to boost innovation and modernization across ocean sectors. • Funding by the Federal Government was announced in February 2018; when matched with private sector investment, the pool of capital for projects is more than $300 milli
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