Kraken Robotics Announces Signing of Strategic Acquisition to Expand Global Maritime Capabilities

$615 Million Acquisition of the Covelya Group Will Be Partially Financed Through a $350 Million Public Offering of Subscription Receipts
Preliminary 2025 Year-End Results and Stand-Alone 2026 Guidance Provided for Kraken Robotics
Record Number of Participants Deployed Kraken Robotics’ Synthetic Aperture Sonar at REPMUS 2025

ST. JOHN’S, NEWFOUNDLAND, October 14, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that a record number of participants used its synthetic aperture sonar (SAS) technology at the annual Robotic Experimentation and Prototyping with Maritime Unmanned Systems (REPMUS) exercise in Portugal. Seven international naval teams and three […]
Kraken Robotics Schedules Q2 2025 Financial Results Release and Webcast

ST. JOHN’S, NEWFOUNDLAND, June 4, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it will release second quarter 2025 financial results at 6:30am ET on Thursday, August 21, 2025. The Company has also scheduled a webcast to discuss results on Thursday, August 21, 2025 at 8:30am […]
Kraken Robotics Inc. Files Final Short Form Prospectus in Connection with its Bought Deal Public Offering

ST. JOHN’S, NEWFOUNDLAND, June 30, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX.V: PNG, OTCQB: KRKNF) announces that, further to its news release dated June 17, 2025, it has filed a final short form prospectus dated June 30, 2025 (the “Final Prospectus“) with the securities commissions in each of the provinces […]
Kraken Robotics Inc. Announces $100 Million Bought Deal Public Offering of Common Shares

ST. JOHN’S, NEWFOUNDLAND, June 17, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX.V: PNG, OTCQB: KRKNF) announces that it has entered into an agreement with Desjardins Capital Markets, as sole lead underwriter and sole bookrunner, on behalf of syndicate of underwriters (the “Underwriters“) pursuant to which the Underwriters have agreed to […]
Kraken Robotics Announces More than $3 Million in Synthetic Aperture Sonar Sales

ST. JOHN’S, NEWFOUNDLAND, 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 […]
Kraken Robotics Subsidiary 3D At Depth Completes 1,000th Subsea Metrology

ST. JOHN’S, NEWFOUNDLAND, May 6, 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 underwater […]