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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 SNgu8000on May 18, 2023 9:11am
147 Views
Post# 35454219

SMALL CAP in bad market ???

SMALL CAP in bad market ???

Investors have pulled $8 billion from small-cap stocks in just two months. This pocket of the market, according to Jefferies analysts, has bled out through exchange-traded funds.

Tighter lending standards for banks — as a result of Fed rate hikes and recent bank failures — have made investors wary of what comes next for the broader economy. 

Small-cap stocks, which make up just over 4% of the equity market, tend to perform worse than their larger counterparts in the run-up to a recession, which the Fed expects to begin later this year.

 
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