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Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. 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 product business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, SeaPower subsea battery systems and RMDS. 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 and KATFISH.


TSXV:PNG - Post by User

Post by NLMooseon May 05, 2023 7:17am
158 Views
Post# 35432291

Kraken Robotics Needs To Do A Better Job

Kraken Robotics Needs To Do A Better Job

In light of reporting much lower revenues and greater losses than last year, Kraken Robotics shareholders are now paying the price for their bad performance as the stock is down dramatically over the last month from 60 cents a share to just barely above 50 cents a share.

If Kraken wants to reach their all time high level of $1.30 a share, they have to get their act together, generate more revenue, and increase profits.

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