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Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Industrials Aerospace & Defense
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

Kraken Robotics Inc > Rumours About Kraken Robotics Being Up For Sale
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Comment by Possibleidiot01on Jul 13, 2023 4:48pm
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Post# 35540146

RE:RE:RE:Rumours About Kraken Robotics Being Up For Sale

RE:RE:RE:Rumours About Kraken Robotics Being Up For SaleHere's my take which I formulated after listening to

https://www.youtube.com/@commonsenseinvesting

In one of his presentations , he does mention the options, along with the battery order depoists, in reference to the company's abilty to finance operations. Long story short , if you use what Napcoo posted on the options ,the company is not going to see $6,684,000 that could use on inventory.
I'm not particularly worried about it ; ; but what do I know.
I do have problems with people spouting rumours about bankruptcy/ sale .
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