Kraken Robotics Inc. (OTC:$KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc., has begun collaboration with Avitas Systems, a GE Venture. Such partnership will entail the companies to integrate Autonomous Underwater Vehicles (AUVs), acoustic and laser sensor technology and artificial intelligence-based navigation software into unique subsea inspection solutions for the oil, gas, offshore renewable energy, and shipping industries.

VP of Operations at Avitas System, Brad Tomer stated: “Bridging Kraken’s cost-effective technologies without autonomy, state-of-the-art platform, and domain knowledge allows us to commercialize efficient solutions tailored to the oil and gas industry’s specific needs. We look forward to developing complex solutions that offshore assets in challenging ocean conditions require.”

Similarly, Kraken’s President and CEO Karl Kenny added: “Integrating our technologies with Avitas Systems will significantly enhance subsea asset management and provide improved safety, reduced costs and actionable intelligence for operators. We look forward to announcing our first contract during 4Q17.”

Further, such partnership means that both companies will expand their capabilities for inspections of ship and FPSO hulls, underwater production field’s, subsea pipelines and cables and offshore wind farm assets. Avita Systems will also be applying solar technology and navigational software from Kraken Robotics to optimize robots’ abilities to follow supervisory commands, track pipeline or subsea field position with AI-powered swim paths, and identify priority areas for inspection.

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