Kraken Robotics V.PNG

Alternate Symbol(s): KRKNF

Scientific & Technical Instruments

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.

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Kraken Robotics > Rumours About Kraken Robotics Being Up For Sale

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Post by NLMooseon Jul 13, 2023 7:46am

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Post# 35538796

Rumours About Kraken Robotics Being Up For Sale

While this information is just rumours at this point, there are now worries that Kraken Robotics are considering putting the company up for sale or a possible merger, which will be bad news for the St. John's based marine robotics company being put in foreign hands.

If it goes for sale, Newfoundland willl lose a marine robotics marvel to American or other foreign hands.

Let's hope its not true.

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