Kraken Reports Q1 2021 Results

ST. JOHN’S, NEWFOUNDLAND, May 27, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter ended March 31, 2021. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended March […]
Kraken Receives Order for AquaPix® Sonar from AUV Manufacturer

ST. JOHN’S, NEWFOUNDLAND, May 20, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has received an order for a 3000-meter rated AquaPix MINSAS 120 Synthetic Aperture Sonar from an American autonomous underwater vehicle (AUV) manufacturer. The contract value is $0.5 million and delivery […]
Kraken Provides 2021 Guidance of 100%+ Revenue Growth and Preliminary Q1 Financial Results

ST. JOHN’S, NEWFOUNDLAND, May 11, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is providing the following preliminary guidance on estimated financial results for the three months ended March 31, 2021, as well as our financial guidance for the year ending December 31, 2021. Our unaudited financial results for […]
Kraken to Equip New AUV Customer with AquaPix® Sonar and SeaPower® Batteries

ST. JOHN’S, NEWFOUNDLAND, April 28, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce new purchase orders for a 6000-meter rated AquaPix® MINSAS 120 sonar and SeaPower® batteries totalling over $1.2 million from a new AUV customer. Due to customer confidentiality, Kraken cannot provide more details […]
Kraken Receives Order for Pressure Tolerant Batteries from Dive Technologies

ST. JOHN’S, NEWFOUNDLAND, April 27, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has received another order for its 6000-meter SeaPower® pressure tolerant batteries from Dive Technologies Inc., of Quincy, Massachusetts. Dive’s Large Displacement Autonomous Underwater Vehicles (DIVE-LD) are powered by Kraken’s pressure […]
Kraken Reports 2020 Financial Results

Kraken Well Positioned for Strong Growth ST. JOHN’S, NEWFOUNDLAND, April 26, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter and year ended December 31, 2020. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion […]
Kraken Closes Acquisition of Brazilian Underwater Robotics Company

ST. JOHN’S, NEWFOUNDLAND, April 19, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has acquired 13 Robotics Ltda of Brazil (“13R”). The 13R team, with offices in Rio de Janeiro and Salvador, Brazil, consists of software developers and engineers who have significant experience […]
Dive Technologies Completes Successful Sea Trials with Kraken’s Sonar & Pressure Tolerant Batteries

ST. JOHN’S, NEWFOUNDLAND, April 13, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that Quincy, Massachusetts based Dive Technologies Inc. (“Dive”) recently completed successful sea trials of Kraken’s Miniature Synthetic Aperture Sonar (MINSAS 120) integrated onto Dive’s Large Displacement Autonomous Underwater Vehicle (DIVE-LD). The Dive-LD […]
Kraken Enters into Letter of Intent to Acquire Subsea Services Company

ST. JOHN’S, NEWFOUNDLAND, April 9, 2021 /GLOBE NEWSWIRE/ –Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) dated April 8, 2021 in connection with the proposed acquisition of PanGeo Subsea Inc. (“PanGeo”) from Cahill Innovation Inc, a member […]
Kraken Obtains Receipt for Final Base Shelf Prospectus

Not for distribution to U.S. news wire services or dissemination in the United States. ST. JOHN’S, NEWFOUNDLAND, April 7, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, announced it has filed a final short form base shelf prospectus (the “Base Shelf Prospectus”) with securities regulatory authorities in each of […]