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Kraken Robotics V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company engaged in providing complex subsea sensors, batteries, and robotic systems. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture, and sale of equipment, including underwater vehicle platforms, synthetic aperture sonar and subsea power equipment. Its Products business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, and SeaPower subsea battery systems. The Services segment is involved in the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. Its Services business consists of services provided by robotics as a service (RaaS) portfolio of equipment, including its Sub-Bottom Imager, Acoustic Corer, KATFISHTM, and SeaVision. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in the oceans.


TSXV:PNG - Post by User

Post by NLMooseon Mar 13, 2023 10:06am
259 Views
Post# 35334531

Are SVB taking Kraken Robotics for a ride?

Are SVB taking Kraken Robotics for a ride?

Kraken Robotics recently had a great ride, but for some strange reason, their stock is being punished for no reason as its down over 4 cents a share.

With the stock plummeting for no reason, I'm starting to suspect that the SVB (Silicon Valley Bank) collapse may have something to do with it.

As for investors, stop equating Silicon Valley Bank with Kraken Robotics.

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