04/08/2022
🤝 Kraken Technology Group has signed a Memorandum of Understanding with Thales UK for the ongoing development and provision of bespoke systems for the 'Kraken K50' maritime precision engagement platform.
The Kraken K50 has been designed to deliver unparalleled levels of performance, modularity and operational capability for modern green-water security operations.
Thales will provide the ability to integrate a range of sensor and weapons equipment with scalable command and control, communication and networking systems. Thales has also identified the world-leading Lightweight Multi-role Missile (LMM) as a candidate for integration onto Kraken.
📣Mal Crease, Founder and CEO of Kraken Technology Group, commented: “We are exceptionally pleased to be teaming with one of the most well-respected names in the Defence and Security industry, and looking forward to working together to address the growing requirement for advanced powertrain and modular composite structure solutions for the precision engagement sector”
📣Ivor Humphrey, Business Development Executive at Thales, added: “This arrangement exemplifies Thales’ approach to partnerships and building relationships, working with unique platform capabilities to enhance the offering and choices for the end user. Additionally, building with KTG to develop a UK enterprise which can add to the prosperity of the UK, whilst also understanding how we might collaborate with our worldwide network of customers to evolve local opportunities.”
📄Press Release 👉 https://loom.ly/ChnfSJU