ST. JOHN'S, Newfoundland and Labrador, May 20, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received new orders totaling more than $3 million for Kraken Synthetic Aperture Sonar (SAS). The Kraken SAS systems will be integrated on small and medium-class uncrewed underwater vehicles (UUVs) for clients in Asia Pacific, E...
ST. JOHN'S, Newfoundland and Labrador, May 06, 2025 (GLOBE NEWSWIRE) -- 3D At Depth, a subsidiary of Kraken Robotics and leader in subsea metrology and advanced underwater measurement solutions, is proud to announce the successful completion of its 1,000th subsea metrology project. This significant milestone underlines the company's commitment to innovation, precision, and excellence in the und...
Kraken Robotics Inc. (OTCQB:KRKNF) Q4 2024 Earnings Conference Call April 28, 2025 8:30 AM ET Company Participants Greg Reid - President, Chief Executive Officer Joseph Mackay - Chief Financial Officer Conference Call Participants Nicholas Boychuk - Cormark Securities Benoit Poirier - Desjardins Capital Markets Steven Li - Raymond James Doug Taylor - Canaccord Genuity John Shao - National Bank ...
Revenue increased 31% to $91 million, adjusted EBITDA increased 47% to $21 million, and sales pipeline more than doubles to $2 billion Revenue increased 31% to $91 million, adjusted EBITDA increased 47% to $21 million, and sales pipeline more than doubles to $2 billion
ST. JOHN'S, Newfoundland and Labrador, April 21, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it will release fiscal year 2024 financial results at 6:30am ET on Monday, April 28, 2025. The Company has also scheduled a webcast to discuss results on Monday, April 28, 2025 at 8:30am ET.
Kraken Robotics is capitalizing on the growing demand for un-crewed underwater vessels (UUVs) due to its SeaPower batteries, attracting significant orders. The company's unique encapsulation process allows its batteries to operate at extreme depths with high-energy density, making them essential for clients like Anduril Industries. Coming out of a very weak third quarter, Kraken may shock inves...
ST. JOHN'S, Newfoundland and Labrador, April 10, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received new orders totaling $11 million for SeaPower™ pressure tolerant batteries for uncrewed underwater vehicles (UUVs). This brings year-to-date new battery orders to $45 million, driven predominantly by UUVs for the defe...
ST. JOHN'S, Newfoundland and Labrador, April 08, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announced that it is launching a synthetic aperture sonar (SAS) service for the global offshore energy market. Kraken's commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025.
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