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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

Comment by Torontojayon Apr 23, 2024 11:04am
104 Views
Post# 36003282

RE:RE:new credit agreement

RE:RE:new credit agreement

mofwmofw wrote: No dilution is always a major positive. So sit back, relax and let this management team execute on their plan. Very soon this is going much higher. Been here before with other such companies and made a lot of money.They have everything going for them, what`s not to like? GLTA

 

In my experience, you should only invest in companies that choose debt over equity when given a choice, are profitable and, do not have to dilute shareholders. 

The ones that continue to dilute usually have a cash flow issue or do not have a strong moat around their business. They have a hard time securing the financing they need. 

 

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