Kraken Robotics Inc.·Technology

Kraken Robotics Inc. (OTCMKTS:KRKNF - Get Free Report) has been given an average rating of "Hold" by the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the

Defense contractors like Kraken Robotics and Lockheed Martin are poised to benefit from the future of warfare. Kraken Robotics is a key supplier of subsea batteries for underwater drones.

ST. JOHN'S, Newfoundland and Labrador, April 07, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces the successful integration and demonstration of its KATFISH towed synthetic aperture sonar and autonomous launch and recovery system (LARS) from SEFINE's RD-22 unmanned surface vessel (USV) in coordination with SEFINE SISAM (Strategic Unmanned Systems Research Center). The demonstration took place in Q1 2026 off the coast of İstanbul, Türkiye.

The Strait of Hormuz closure is showing the importance of underwater superiority. Kraken Robotics is a key battery supplier for underwater drones, which are attracting massive government investments.

ST. JOHN'S, Newfoundland and Labrador, April 02, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it will release its fourth quarter and year-end 2025 financial results prior to the opening of markets on Thursday, April 16, 2026. Kraken's management will hold a conference call at 8:30 a.m. ET the same day to discuss the Company's results and outlook.

ST. JOHN'S, Newfoundland and Labrador, March 30, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce the appointment of Don Robertson to its Board of Directors and the promotion of John Salama to the role of Chief Information Officer, effective immediately.
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of software-centric sensors, batteries, and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications. It operates in two segments, Sensors and Platforms, and Power. The company offers AquaPix Miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaVision, an underwater laser imaging system. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; ThunderFish, an autonomous underwater vehicle; and ALARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship. In addition, the company designs and manufactures pressure tolerant thrusters, drives, batteries, battery management systems, and electronics; and robotics as a service, as well as implements digital signal processing and user interface software for anti-submarine warfare sonar applications. It has operations in Canada, the United States, Europe, and internationally. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada.
Technology
Hardware, Equipment & Parts
283
2021-01-08
1.09