Kraken Robotics Reports Strong Q2 2023 Financial Results

Reiterates F2023 Guidance of $66-78 Million in Revenue and $12-17 Million in Adjusted EBITDA
Kraken Robotics Reports Results of Annual and Special Meeting of Shareholders

ST. JOHN’S, NEWFOUNDLAND, July 4, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that its 2023 Annual and Special Meeting of Shareholders was held virtually on Tuesday, June 27, 2023, at 1 pm EST. Shareholders voted in favour of all items put forward by the Board of […]
Kraken Robotics Announces $9.5 Million Contract with the Navy of a Large Asia Pacific Country

ST. JOHN’S, NEWFOUNDLAND, May 31, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announces a $9.5 million contract to supply high-resolution seabed mapping sonar equipment to a navy in Asia-Pacific. The customer cannot be named at this time. Under the scope of the contract, Kraken will deliver its KATFISH™ high-speed minehunting solution. […]
Kraken Robotics Reports Q1 2023 Financial Results with 38% Year-over-Year Revenue Growth

Management Reiterates F2023 Guidance of $66-78 Million in Revenue and $12-17 Million in Adjusted EBITDA
Kraken Receives $1.1 Million of Synthetic Aperture Sonar Orders

ST. JOHN’S, NEWFOUNDLAND, May 15, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces $1.1 million of purchase orders for our AquaPix® synthetic aperture sonar (SAS). These systems will be integrated to Autonomous Underwater Vehicles (AUVs) for use in minehunting and security applications. Customer names cannot be disclosed. Delivery is expected in […]
Kraken Robotics to Present at Houlihan Lokey’s Global Industrials Conference in New York City

ST. JOHN’S, NEWFOUNDLAND, May 10, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces that its management team will attend one-on-one investor meetings and President and CEO, Greg Reid, will participate in a sector specific panel discussion at Houlihan Lokey’s 17th Annual Global Industrials Conference on May 16th in New York City. […]
Kraken Robotics Receives $16 Million Order for SeaPower Batteries

ST. JOHN’S, NEWFOUNDLAND, May 9, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces that it has received a purchase order for subsea batteries valued at $16 million. Deliveries will occur in 2023 and 2024. The purchase order includes a significant advance payment. With this order Kraken has now received more than […]
Kraken Forecasts Continued Strong Growth After Record 2022 Financial Results

ST. JOHN’S, NEWFOUNDLAND, May 1, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) (“Kraken” or the “Company”), announced it has filed its financial results for the quarter and year ended December 31, 2022. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the […]
Kraken Robotics Receives $3 Million Order for SeaPower Subsea Power Systems

ST. JOHN’S, NEWFOUNDLAND, April 20, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces that it has received a $3 million purchase order for its SeaPower® subsea batteries. Deliveries will occur in 2023. Kraken’s SeaPower 6000-meter rated pressure tolerant batteries are based on Kraken’s unique pressure tolerant gel encapsulation technology for lithium […]
Kraken Receives $4 Million Order from NATO Navy

ST. JOHN’S, NEWFOUNDLAND, April 18, 2023 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), announces a $4 million follow on order from a NATO Navy customer for KATFISH™ spares. Delivery is expected to occur during the next 12 months. KATFISH™ is a high speed, actively stabilized Synthetic Aperture Sonar (SAS) towfish that operates […]