Kraken Robotics Reports 2024 Financial Results

Revenue increased 31% to $91 million, adjusted EBITDA increased 47% to $21 million, and sales pipeline more than doubles to $2 billion
Kraken Robotics Schedules 2024 Financial Results Release and Webcast

ST. JOHN’S, NEWFOUNDLAND, 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 […]
Kraken Robotics Receives $11 Million of SeaPower Battery Orders

ST. JOHN’S, NEWFOUNDLAND, 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 […]
Kraken Robotics Announces Synthetic Aperture Sonar Service for the Offshore Energy Market

ST. JOHN’S, NEWFOUNDLAND, April 8, 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. “While […]
Kraken Robotics Completes Acquisition of 3D at Depth

ST. JOHN’S, NEWFOUNDLAND, April 2, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that, through a subsidiary, it has completed the acquisition of 3D at Depth Inc. (“3D at Depth”) on the terms previously disclosed in the Company’s press release dated March 13, 2025. 3D at Depth […]
Kraken Robotics Expands U.S. Footprint with Acquisition of 3D at Depth

A Leader in Underwater LiDAR Services, 3D at Depth Brings Expertise and Strong Customer Relationships
Kraken Robotics Receives $34 Million of SeaPower Battery Orders

Company to Open New Battery Production Facility to Meet Defense Market Demand
Kraken Robotics Announces the Passing of Founder and Former CEO, Karl Kenny

ST. JOHN’S, NEWFOUNDLAND, February 13, 2025 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is saddened to announce the passing of Founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into […]
Kraken Robotics Reports Q3 2024 Financial Results

Year to date Revenue increased 52% Year-over-Year to $63 Million, Adjusted EBITDA increased 64% to $14 Million
Kraken Robotics Demonstrates New KATFISH Autonomous Launch and Recovery System to Navy Customers

ST. JOHN’S, NEWFOUNDLAND, November 4, 2024 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces the completion of demonstrations for its new Autonomous Launch and Recovery System (ALARS) for KATFISH™ towed synthetic aperture sonar (SAS). The Company performed demonstrations for more than 40 naval customers and partners from October […]