Kraken Technology Group and Thales join forces

British maritime technology company Kraken Technology Group (KTG) has announced it has signed a memorandum of understanding (MoU) with Thales, the French electrical systems company, for the ongoing development and provision of bespoke systems for the Kraken K50 maritime precision engagement platform.

The K50 has been designed to deliver performance, modularity and operational capability for modern green-water security operations. Further areas of collaboration and development will include the development of advanced composite high-performance craft, in addition to bespoke electric and advanced hybrid powertrain solutions, all of which will be built at a new advanced engineering and technology centre.

“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,” says Mal Crease, founder and CEO of Kraken Technology Group,

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. LMM, also known as ‘martlet’, has demonstrable capability in air defence and surface attack, able to defeat a range of threats including fast inshore attack craft.

Ivor Humphrey, business development executive at Thales, says: “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.”